Private Equity, Analyst Intern

Job Description

COMPANY OVERVIEW

Fengate Asset Management (Fengate) is a leading alternative investment manager focused on infrastructure, private equity, and real estate strategies. Founded in 1974 in Hamilton, Ontario, and currently with offices in Ontario and Texas and 190+ team members across North America, Fengate has built success and a trusted reputation with investors and industry partners. The firm currently manages over C$7 billion in capital commitments in support of more than C$35 billion in gross asset value, on behalf of over 50 institutional investors across North America, Europe, and Asia.

The firm believes that acting responsibly to its stakeholders and communities is fundamental. Fengate is a signatory of both the Institutional Limited Partners Association (ILPA) Diversity in Action initiative and the United Nations-supported Principles for Responsible Investment, integrating environmental, social and governance (ESG) principles into all stages of the firm's investment process. In 2021, Fengate established its ESG Committee and its EBID (Equity, Belonging, Inclusion and Diversity) Think Tank, consisting of leaders and employees of all backgrounds and levels throughout our firm, to advance and govern our ESG and EBID objectives.

Fengate has achieved Platinum Club member status as one of Canada's Best Managed Companies, retaining this designation since 2007, and has been certified as a Great Place to Work®. Over the past year, Fengate was named one of Canada's Best Workplaces™ and as a Best Workplace™ for Financial Services & Insurance, Inclusion, Women, Today's Youth, Professional Development, and Ontario, and as one of Best Workplaces™ with Most Trusted Executive Teams.

The firm has also been recognized with Waterstone Human Capital's 2022 Most Admired Corporate Cultures™ award. This program recognizes best-in-class organizations for having cultures that have helped them enhance performance and sustain a competitive advantage. Only 50 organizations are awarded this prestigious corporate culture award each year.

AREAS OF BUSINESS

1. Real Estate

Since 1974, and with 20 years of experience managing institutional capital, Fengate Real Estate has been developing and managing real estate assets across commercial and residential asset classes and the risk-return spectrum. To-date, Fengate Real Estate has completed over 75 property and investment transactions, which total more than C$11 billion of competed value, including C$4 billion under development.

2. Infrastructure

In 2006, Fengate established its first infrastructure fund with a mandate to invest in infrastructure investments in Canada. Today, Fengate has invested in over 45 assets which total more than C$25 billion of gross asset value in the social, transportation, energy transition and digital infrastructure sectors in Canada and the United States.

3. Private Equity

In 2016, Fengate launched its private equity platform to provide growth capital and partner with entrepreneurs to create lasting positive change in their businesses by realizing their growth ambitions. To-date, Fengate Private Equity has made seven investments, 20 add-ons and exited three businesses delivering top-quartile performance.

OPPORTUNITY

As a Private Equity Analyst Intern, you will have a role primarily working with the investment team within the Private Equity Group. The principal focus of this position will be researching and analyzing a variety of industries and investment opportunities, assisting with the execution of transactions, and supporting the investment team in building strategy initiatives for existing portfolio companies. The role will also expose you to financial reporting, tax and compliance related activities within the investments and funds.

The position will require the candidate to work with members across the Private Equity team, comprised of fifteen investment, origination, and financial reporting professionals.

Fengate is looking for a candidate who has a strong finance foundation coupled with interest and experience in research and investing. Fengate is looking for self-starters, with strong analytical and critical thinking skills, and excellent interpersonal, communications and collaboration skills.

Requirements

KEY RESPONSIBILITIES

• Assist the team with building financial models and conducting financial analysis for potential investments
• Perform industry (e.g., competitive positioning, SWOT, supply chain, customer segmentation, etc.) and company research and diligence (e.g., operational, financial, commercial) to evaluate potential industries and investments
• Assist in preparing investment memorandum materials in Microsoft PowerPoint, Word, and Excel
• Participate in the ongoing management and performance monitoring of existing portfolio companies, including assisting in the internal valuation process (e.g. precedent and comparable trading analysis)
• Assist the deal team and portfolio companies' management teams to implement initiatives and strategic decisions

• Assist with the preparation of financial statements, fund reports and investor notices for the respective funds
• Ad-hoc analysis as well as special projects as required

KEY QUALIFICATIONS

• Applicant must be an undergraduate student having completed at least 2 years of study in a business/economics program, in excellent academic performance.
• Previous co-op term of meaningful work experience is preferred, ideally in one or more of private equity, principal investing, investment banking, corporate development, capital markets, and/or management consulting.

CORE COMPETENCIES

• Being Authentic – Inspiring trust and being courageous.
• Focusing on Performance – Being accountable and driving results.
• Understanding Stakeholders – Knowing the needs of those who rely on you.
• Building Effective Relationships – Collaboration and communication.

Fengate is an equal opportunity employer, we strive to attract and retain a diverse workforce and are committed to promoting diversity, equity, inclusion, and belonging in the workplace. It is a core priority at Fengate to create, operate with, and continuously grow and sustain an inclusive culture that respects and connects the diversity of our team, our clients, our partners, and the communities we work in.

We are committed to providing accommodation for persons with disabilities. If you require accommodation, we will work with you to meet your needs.

We thank all applicants for their interest in this position; however only candidates selected for an interview will be contacted.