Principal, Private Markets Group
Department: Investments
Type: Permanent
Location: Toronto (Hybrid)
Posting Date: January 5, 2026
At OPTrust, paying pensions today, preserving pensions for tomorrow is our mission and business.
When you choose OPTrust, you join a team of smart, talented people who fuel our success and have a passion for pensions. Everyone at OPTrust – in Toronto, London and Sydney – makes a meaningful impact. Our culture is driven by team members with different backgrounds and perspectives creating an inclusive and fulfilling place to work for everyone. We work in a fast-paced environment, but we find time to have fun and give back to the community.
What OPTrust offers you
Mid-level
Not Specified
About OPTrust Private Markets Group
With net assets of over $25 billion, OPTrust invests and manages one of Canada’s largest pension funds and administers the OPSEU Pension Plan (including OPTrust Select), a defined benefit plan with over 111,000 members.
OPTrust Private Markets Group (“PMG”) is a dedicated business unit within the Investment Division of OPTrust, responsible for managing the global Private Equity and Infrastructure portfolios with a long-term target allocation of approximately 30% of total pension assets split evenly between the two asset classes. Today, PMG manages an investment portfolio with approximately $10B of NAV with significant diversification across investments, transaction types, sectors and geographies. PMG’s core tenets are middle-market focused, partnership oriented, highly flexible/creative investment approach, with an emphasis on downside protection. PMG has a global investment mandate with experienced investment professionals based in Toronto, London, and Sydney. The PMG is part of OPTrust’s illiquid (private) assets investment team, which also includes the real estate group.
Why join the PMG Toronto Team?
About the Role
OPTrust is seeking a Principal candidate to be based in the Toronto Office. This Principal will have a key role in the Private Markets Group team supporting both Private Equity and Infrastructure investment strategies. Reporting to the Senior Managing Director and Head of North America in PMG, the Principal will provide high quality analysis, research and investment opinions pertaining to new investment opportunities and existing portfolio investments managed out of the Toronto office (focused on North America), as well as providing support and collaborating more broadly with PMG, including the teams in the London and Sydney offices.
In collaboration with the PMG team, the Principal will participate in all aspects of a deal from origination, identifying key drivers of returns and risk, due diligence, conducting qualitative and quantitative analysis, structuring, negotiating terms, preparing investment recommendations, asset management and exit.
Investment Selection, Due Diligence and Execution:
Portfolio Management:
What You Bring
This posting is for an existing vacancy.
Please submit your application via Workday at the link below by January 19, 2026.