Director, Private Capital, Services

Ontario Teachers' Pension Plan • Toronto, ON

1d • Hybrid

About The Position

The Director will be a senior member of the Services investment team within Ontario Teachers' Pension Plan Board's Private Capital group. This role involves partnering with Senior Managing Directors and Managing Directors to source, diligence, execute, and manage private investments in the Services sector. It is a development seat with a clear path toward independent deal leadership for a candidate with a strong foundation in private equity investing. The Private Capital group manages approximately $60 billion across direct private equity investments and private equity funds globally.

Requirements

• ~10+ years of meaningful work experience, including several years of recent private equity investing.
• Active M&A in a senior role in corporate development would also be considered.
• Supplemented by previous experience in management consulting, investment banking, and/or corporations (preferably corporate development or similar roles).
• Experience playing a lead role on deal workstreams, including conducting due diligence, leading multiple diligence streams (financial, operational, legal, tax, insurance), arranging debt financing, and negotiating documentation.
• Deep knowledge of Services sector dynamics and the emerging regulatory, AI, and digitization themes reshaping them.
• Strong academic background, with a financial designation (MBA, CFA, CBV, or CA strongly preferred).
• Experience playing a leading role in the investment process, including conducting due diligence, arranging debt financing, and negotiating documentation.
• Strong negotiating skills.
• Ability to balance priorities, work independently, lead projects, and thrive in a high-performance team environment.
• Very strong analytical and quantitative skills to perform and guide in-depth, innovative, critical analysis.
• Deep understanding of fundamental investment analysis and private equity value creation.
• Strong interpersonal skills and ability to build constructive relationships with internal and external parties, particularly management teams, boards, and senior advisors.
• Strong communication skills, both oral and written, including IC paper authorship and presentation.
• Candidates must be legally entitled to work in the country where this role is located.

Nice To Haves

• Direct investment exposure to Services sub-sectors preferred.
• Some experience serving on “for profit” Boards of Directors or board committees a plus.

Responsibilities

• Serve as a key member of deal teams — conducting industry and company due diligence, building financial models, arranging debt financing, negotiating legal documents, and preparing written recommendations for the Underwriting Committee.
• Lead or co-lead individual deals and workstreams with oversight from the SMD or MD; own specific diligence streams (financial, operational, commercial, legal, tax, insurance) end-to-end.
• Post-close, remain actively involved with portfolio companies — often as board observer or board member — working with management on strategy, value creation, M&A, and refinancing.
• Contribute to deal flow generation through desk research, consultant relationships, operating executive networks, conferences, and relationships with management teams.
• Lead sub-sector deep dives and thematic research as the team evolves its coverage strategy, including emerging AI, regulatory, and digitization themes.
• Manage and develop analysts, associates, and principals on deal teams; provide direct mentorship on diligence, modeling, judgment, and communication.
• Work in a highly collaborative manner, bringing a complex network of stakeholders along (Global and Sector SMDs, MDs, deal teams, Portfolio Solutions team, international office leaders, portfolio companies, etc.).
• Strike the appropriate balance of being a confident decision-maker and an inclusive leader.
• Build a network of operating executives, CEOs, consultants, bankers, and peer sponsors; progress toward independent deal sourcing by the end of Director tenure.
• Develop value creation expertise in close partnership with the SMD and MDs; contribute to portfolio company initiatives as assigned.
• Exercise judgment within deal teams and surface recommendations to the MD or SMD; lead individual workstreams and, over time, full deals with oversight.
• Provide disciplined thinking, sound judgment, and courage of conviction, with a willingness to take balanced, thesis-driven risk.
• Intervene directly and effectively when required and escalate issues early.
• Work cross-functionally and collaboratively with other teams to ensure continued alignment with OTPP's mission, vision, and values — including supporting and sharing knowledge with other areas of Investments and responding to ad hoc requests.

Benefits

• Numerous opportunities for professional growth and development
• Comprehensive employer paid benefits coverage
• Retirement income through a defined benefit pension plan
• The opportunity to invest back into the fund through our Deferred Incentive Program
• A flexible work environment combining in office collaboration and remote working
• Competitive time off
• Our Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each year
• Employee discount programs including Edvantage and Perkopolis

What This Job Offers

• Job Type: Full-time
• Career Level: Senior