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Internship

Intern, Infrastructure Investments (September – December 2024)

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PSP Investments

14d ago

🚀 Off-cycle Internship

Montréal

6d left

AI generated summary

  • You must be a current student in a relevant field with high academic achievements, excel in financial modeling, have strong communication skills in English and French, be a team player, have a positive attitude, and the right to work in Canada.
  • You will support infrastructure investment analysis and valuation, conduct due diligence, and prepare investment recommendations for the team at PSP Investments.

Off-cycle Internship

Legal, Banking & FinanceMontréal

Description

  • We focus on building long-term partnerships with operators, peers and industry leaders. Our ability to deploy large amounts of capital and our flexible investment horizon allow us to commit to large-scale projects, as well as targeted growth opportunities including through industry platforms. We invest across diverse sectors, from renewables to telecommunications and transport.  

Requirements

  • Currently enrolled in a Bachelor of Commerce, Law or in a Master’s in Business, Science, Engineering or Mathematics, with an interest in finance
  • High academic achievement
  • Experience in financial modeling/excel an asset
  • A team player who enjoys a high-performance culture
  • Strong interpersonal skills and an ability to communicate effectively (written and oral)
  • Positive proactive attitude with a strong desire to learn
  • A respect for differences of opinion and an inclusive mindset
  • Must return to studies after the internship or the internship must be part of your curriculum
  • Good communications skills in English and French (or willingness to learn) *Regular interactions in English with investment partners based outside of Quebec Example: peers, bankers, brokerage firms, etc. and PSP employees in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa..
  • 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.
  • *Options include Canadian citizenship, permanent residency or a valid open work permit. 

Education requirements

Currently Studying

Area of Responsibilities

Legal
Banking & Finance

Responsibilities

  • As an Intern, Infrastructure Investments, you’ll work closely with the team’s analysts and associates in conducting the following tasks:
  • Conduct preliminary analysis of investment opportunities and assess investment thesis including key merits and risks
  • Assess target companies’ historical and projected financial information, strategic positioning and value proposition, industry dynamics, regulatory environment and other pertinent factors
  • Prepare, support and recommend equity valuation for target companies
  • Build detailed financial models for DCF valuation, determine and substantiate key valuation assumptions, conduct sensitivity analyses on main value drivers
  • Form a view on an appropriate expected return, commensurate with the level of risk embedded in the underwritten business plan (use CAPM, precedent transactions, etc.)
  • Research relevant public information available on listed comparable companies and precedent transactions, use key findings to compare and triangulate with DCF valuation
  • Participate in key due diligence activities conducted on target companies, including coordination and review of the work performed by third-party advisors (commercial, legal, accounting, tax, environmental, etc.)
  • Participate in the preparation of investment memorandums and presentation of recommendations to the Infrastructure Investment Committee

Details

Work type

Full time

Work mode

office

Application deadline

Jun 2, 2024

Location

Montréal