Summer 2027
Alternative Investments Intern
Updated on 7/22/2026
PSP Investments
1,001-5,000 employees
Long-term institutional asset manager for pensions
No salary listed
Montreal, QC, Canada
In Person
 Finance & Banking (1) |
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- Enrolled in a Bachelor or Master program, ideally with a concentration in Finance and/or a quantitative field (financial engineering, statistics, economics etc.)
- Effective communications skills, both written and spoken
- Ability to navigate a fast-paced environment with a high level of autonomy
- Attention to detail and rigorous approach to research, analysis and documentation
- Demonstrated initiative and curiosity to look beyond surface facts and conduct comprehensive, fact-based, value-added research
- Eagerness to learn, ideate and innovate
- High level of proficiency with MS Office (such as Excel)
- Experience in financial modeling and financial analysis (knowledge of Bloomberg and other investment software, an asset)
- Pursuing a CFA designation, an asset
- Scheduled to graduate in Fall 2026 (or earlier), an asset
- Candidates must have the right to work in Canada for the period specified to be considered for this position. No support to obtain the right to work will be provided.
- Good communications skills in English and French (or willingness to learn)
- Provide overall support to the team to enable efficient decision-making and execution of transactions
- Financial modelling and risk analyses on various investments across the capital structure
- Proactively engaging in fundamental research as it relates to existing and new positions
- Assisting the team with special projects and performing portfolio analytics
- Pursuing a CFA designation, an asset
- Scheduled to graduate in Fall 2026 (or earlier), an asset
PSP Investments manages the pension funds for Canada’s public sector as the government’s dedicated investment arm. It builds a diversified portfolio across private and public markets, including private equity, private credit, infrastructure, real estate, natural resources, stocks, and bonds, to grow assets over the long term. Investments are made directly or with partners, and ESG factors are integrated into decision-making. Its goal is to generate sustainable returns that fund current and future pension obligations while managing risk for beneficiaries.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$3.8B
Headquarters
Ottawa, Canada
Founded
1999
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Simplify's Take
What believers are saying
- Infrastructure assets delivered 15.0% five-year returns, offering inflation-linked defense for long-term liabilities [1].
- The $2B ECHO Realty deal targets resilient grocery-anchored retail underpinned by essential-use tenants [3].
- Direct investment in Citrosuco aligns with pension funds' 20% share of institutional farmland investors [4].
What critics are saying
- Brazil's 1-year real estate drag of -7.3% threatens ECHO Realty returns if US spending weakens [source omitted].
- Citrosuco faces Brazil-specific climate volatility and BRL devaluation risking orange juice yields within 6–12 months [source omitted].
- C$35.1B non-investment grade private debt concentration risks default cascades if rates stay elevated [source omitted].
What makes PSP Investments unique
- PSP is a Canadian Crown corporation managing $299.7B for federal public service and military pensioners [1].
- It operates as a dedicated investment arm with no external clients, unlike typical asset managers [source omitted].
- PSI leverages a 25-year global horizon to execute direct private equity and real asset deals [source omitted].
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Benefits
Remote Work Options
Flexible Work Hours
Health Insurance
401(k) Retirement Plan
401(k) Company Match
PTO/vacation
Paid Vacation
Paid Holidays
Hybrid Work Options
Wellness Program
Mental Health Support
Conference Attendance Budget
Professional Development Budget
Stock Options
Company Equity
Phone/Internet Stipend
Home Office Stipend
Family Planning Benefits
Fertility Treatment Support
Parenting Leave
Parental Leave
Company News
Nido Student owned by Round Hill Capital, exchanges contracts on premium London student accommodation portfolio for £600 million with Greystar.
Canada's Public Sector Pension Investment Board (PSP Investments) has taken a stake in Citrosuco, a Brazil-based orange juice and citrus ingredients producer, marking the pension fund's latest move into agricultural assets. PSP, which manages nearly C$300 billion in assets, invested through its Natural Resources group. The investment supports Citrosuco's expansion plans, which include scaling up orchard development around São Paulo's citrus-producing region to increase productivity and supply security. Citrosuco's existing shareholders include Grupo Fischer and Votorantim. The deal reflects a broader trend of pension funds taking direct ownership stakes in agricultural businesses. According to Preqin data, public pension funds account for approximately 20% of institutional investors in farmland and agricultural investments, alongside sovereign wealth funds and endowments.
CPPIB creates join venture to acquire Canadian industrial assets, OMERS Infrastructure refinances stake in Exolum. The Canada Pension Plan Investment Board is forming a new joint venture with Dream Asset Management Corp. to acquire nearly $3 billion worth of industrial properties in Canada. Collectively, the partners of the joint venture have allocated $1.1 billion of equity capital, with $1 billion coming from the CPPIB, which will fund the expected acquisition of industrial assets offering connectivity to population clusters and arterial transport routes, according to a press release. "The Canadian industrial sector continues to demonstrate resilient demand and meaningful long-term growth drivers, supported by a structurally high need for well-located space as supply chains and logistics continue to evolve," said Sophie van Oosterom, managing director and head of real estate at the CPPIB, in the release. The CPPIB also completed a strategic investment worth US$600 million in Boats Group alongside General Atlantic. The deal will give the investors a co-control interest in the online boat marketplace company. Boats Group is in the early stages of a digital and artificial intelligence-led evolution, said Sam Blaichman, managing director and head of direct private equity at the CPPIB, in a press release. "As a long-term investor, we see a compelling opportunity to back a mission-critical platform with strong network effects, a customer-centric business model that delivers clear value to buyers and sellers and significant runway to broaden its offering and expand globally." In other news, the Ontario Municipal Employees' Retirement System's infrastructure arm completed a refinancing transaction for its stake in Spain-based energy logistics infrastructure company Exolum. The deal closed with €770 million in new debt facilities at Borealis Spain Parent B.V., the holding company of the OMERS' 25 per cent stake in the firm. According to a press release, the offering was oversubscribed. "The scale, pricing, and the engagement of both bank and private placement lenders in this process demonstrate the strong fundamentals and quality of the Exolum investment, as well as the expertise of our team," said Michael Hill, executive vice-president and global head at the OMERS Infrastructure, in the release. The Public Sector Pension Investment Board is forming a long-term strategic partnership with Citrosuco, a Brazil-based integrated orange juice producer. Following the closing of this transaction, Citrosuco's shareholder structure will include Grupo Fischer, Votorantim S.A., and PSP Investments. The transaction's financial details weren't disclosed. "We are proud to support Citrosuco as it embarks on its next phase of growth and to help create lasting value alongside like-minded partners," said Marc Drouin, senior managing director and global head of natural resources at PSP Investments, in a press release.
Lighthouse Learning Group receives investment from KKR and PSP Investments. Lighthouse Learning Group, a Mumbai, India-based education services provider, received an investment from funds managed by KKR alongside participation from new investor PSP Investments. KKR will continue to hold a majority stake and will play a significant role in driving Lighthouse Learning's next phase of growth. This latest investment will enable the company to further expand its network of K-12 schools and preschools across key Indian cities. Lighthouse Learning will also continue to strengthen its teaching and technology capabilities. Led by Prajodh Rajan, Founder and Group CEO, Lighthouse Learning is an education services platform that operates in the early childhood and K-12 segments in India. Its portfolio of brands includes brands such as EuroKids, Kangaroo Kids, EuroSchool, Billabong High International, Centre Point Group of Schools, Heritage International Xperiential School and Heritage Xperiential Learning School, among others. Today, the group serves more than 190,000 students daily through its over 1,850 preschools and 60 K-12 schools. Since KKR's initial investment in 2019, Lighthouse Learning has expanded its footprint through organic and inorganic growth strategies, and strengthened its presence across key metropolitan areas, including Bangalore, Mumbai, Pune, Hyderabad and Delhi-NCR.
Cohere, a Canadian AI firm, has raised $500 million, resulting in a $6.8 billion valuation. The funding round was led by Radical Ventures and Inovia Capital, with contributions from AMD Ventures, Nvidia, PSP Investments, Salesforce Ventures, and the Healthcare of Ontario Pension Plan. The funds will accelerate the development of agentic AI products. Joelle Pineau, formerly of Meta, will join as chief AI officer, and Francois Chadwick will become chief financial officer.