Senior Equity Research Analyst, Listed Infrastructure

CPP Investments

  • Toronto, ON
  • Permanent
  • Full-time
  • 16 days ago
Company DescriptionMake an impact at a global and dynamic investment organizationWhen you join CPP Investments, you are joining one of the world's most admired and respected institutional investors. As a professional investment management organization, CPP Investments invests the funds of the Canada Pension Plan (CPP) to help ensure its financial sustainability for generations of working and retired Canadians.CPP Investments invests across regions and asset classes to build a globally diversified portfolio. It holds assets in public equity, private equity, real estate, infrastructure, and fixed income, and the CPP Fund is projected to reach $3.6 trillion in assets by 2050. The organization is headquartered in Toronto with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo, and Sydney.CPP Investments successfully attracts, selects, and retains talented individuals from top-tier institutions worldwide. Join our team for access to:
  • Stimulating work in a fast-paced and intellectually challenging environment
  • Accelerated exposure and responsibility
  • Global career development opportunities
  • Diverse and inspiring colleagues and approachable leaders
  • A hybrid-flexible work environment with an emphasis on in-person collaboration
  • A culture rooted in principles of integrity, partnership, and high performance
  • An organization with an important social purpose that positively impacts lives
If you have a passion for performance, value a collegial and collaborative culture, and approach work with the highest integrity, invest your career here.Job DescriptionWe are seeking a high-performing Equity Analyst to join our Listed Infrastructure team. This role offers the opportunity for a deeply analytical individual with a passion for investing and with Listed Infrastructure / Utilities experience (preferably LATAM and/or North America) to work on a high-growth investment platform with a strong early performance record.This is a long-only investment strategy with a concentrated portfolio of high conviction positions. The position entails rigorous fundamental analysis and deep valuation expertise. You will be part of a small, collaborative and high performing team where your research and recommendations will directly inform portfolio construction and investment decisions.We are looking for an analytical investor with strong communication skills, humility, process discipline, and the confidence to influence decision-making. The ideal candidate thrives in a collaborative environment, working closely with colleagues across Public and Private markets to generate shared insights and robust investment theses.What you will do:
  • Conduct detailed fundamental research and financial modelling to evaluate investment opportunities in the listed infrastructure universe, with lead responsibilities for specified regional sub-sectors.
  • Undertake company-level valuation analysis using long-term cash flow forecasts and relative value frameworks. Identify causes of dislocations and catalysts for value crystallization.
  • Monitor industry trends, market dynamics, and company-specific events to inform investment strategy and recommendations.
  • Produce high-quality investment memos and updates for internal committees.
  • Collaborate with colleagues across Private Infrastructure, Active Equities, and Listed Real Assets to develop cross-platform insights and enhance capital allocation.
  • Support ongoing portfolio management through reviews, data analysis, and performance attribution.
Qualifications
  • 7-10 years of equity research or investment experience, ideally with buy-side or sell-side coverage of publicly listed regulated utilities, telecommunication towers, airports, or other listed infrastructure sectors in the Americas.
  • Passion for investing and a disciplined, fundamentals-driven approach to valuation.
  • Proven strength in financial modelling, accounting, and equity valuation techniques.
  • High intellectual curiosity with the ability to filter noise and focus on key drivers.
  • Adaptability to a structured process and openness to learning and applying the team's valuation and investment framework.
  • Excellent analytical and communication skills, with the confidence to express ideas clearly and constructively.
  • Demonstrated humility, collaboration, and a willingness to support team goals.
  • Advanced Excel skills; familiarity with Capital IQ or similar financial tools is a plus.
  • Spanish and/or Portuguese language skills are considered an asset.
  • Willingness to travel occasionally.
Additional InformationVisit our or Follow us on LinkedIn. #LI-Onsite #LI-AP1At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process.Our Commitment to Inclusion and Diversity:In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.Disclaimer:CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered. CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.Consultez notre ou suivez-nous sur LinkedIn.À RPC Investissements, nous tenons à promouvoir la diversité et un accès équitable aux occasions d'emploi fondé sur les capacités.Nous remercions tous les candidats de leur intérêt, mais nous communiquerons seulement avec ceux et celles qui seront choisis pour la suite du processus d'embauche.Notre engagement en matière d'inclusion et de diversité :En plus de nous employer à bâtir une équipe comptant des talents variés, nous nous assurons d'offrir un milieu inclusif et accessible à tous. Si vous avez des besoins particuliers pour le processus de recrutement (par exemple, du matériel dans un autre format et des salles de réunion accessibles), n'hésitez pas à nous en faire part. Nous collaborerons avec vous pour y répondre.Avertissement :RPC Investissements n'accepte pas les curriculum vitæ acheminés par les agences de placement, les chasseurs de têtes ou les fournisseurs de services de recrutement avec lesquels il n'a pas conclu d'entente contractuelle formelle. Nos ententes de services de recrutement visent à répondre à des besoins précis et ne s'appliquent pas au présent avis ni aux offres d'emploi affichées sur le site Web. Tout CV ou renseignement reçu d'un fournisseur qui n'est pas autorisé par RPC Investissements à envoyer des CV pour le présent avis ou le site Web sera considéré comme non sollicité et ne sera pas examiné. RPC Investissements ne rémunère pas les recommandations ni les placements et ne verse pas d'honoraires lorsqu'il reçoit des CV ou des renseignements non sollicités.

CPP Investments