Associate Director, Infrastructure Equity

Manulife Investment Management (“MIM”) is a global wealth and asset management business with assets under management and administration of approximately US$900 billion as of December 31, 2024. Investment strategies include fixed-income, specialized equity, multi-asset solutions, and private markets. The Private Markets group has investment teams managing real estate debt, real estate equity, timber, agriculture, infrastructure equity, private equity and private credit on behalf of institutional clients and Manulife’s balance sheet. Investment teams operate in a boutique environment, empowered to make investment decisions in line with their singular philosophy and their clients’ long-term objectives.

Within Private Markets, the MIM Indirect Infrastructure Equity Investment Team (the “Team”) consists of investment professionals whose work is focused on institutional funds and co-investments globally across sectors including renewable energy, power and utilities, transportation, and digital infrastructure. The Team oversees the portfolio of the Manulife general account with ~ C$12 billion of assets under management.

The Team is seeking candidates for the position of Associate Director. The candidate, based in Toronto, will focus on global infrastructure equity fund investments and co-investments. The candidate will participate in the sourcing and underwriting of new investment opportunities as well as monitoring investments over their holding period.

Position Responsibilities

• Actively participate in sourcing new investment opportunities by developing relationships with placement agents, infrastructure equity firms and other deal relevant sources. The candidate will also be responsible for managing some existing relationships with external fund managers.

• Take a leadership role in the completion of due diligence of new infrastructure equity fund commitments and co-investments. The candidate will be expected to develop their own diligence plan including advanced financial modelling of various investment outcomes, identification of key risks and areas of focus. In addition, the candidate is responsible for ensuring the analysis is appropriately documented.

• Lead and contribute to the preparation of investment memos, often in collaboration with junior members of the investment team, summarizing findings from the analysis noted above. The successful candidate will be responsible for presenting the investment thesis to the Investment Committee.

• Review and negotiate legal documentation with oversight of other senior members of the team and legal counsel.

• Take an active role in monitoring investments; This includes identifying important developments and evolving risks, representing the organization on Limited Partner Advisory Committees and portfolio company boards of directors, maintaining an active dialogue with sponsors and investment partners, and reviewing quarterly financial reports provided by sponsors and portfolio companies.

• Contribute to the timely and accurate reporting of portfolio and group related reporting activities. This can include assisting in the aggregation and reporting of portfolio level data for senior management and valuation of portfolio assets. The candidate may also be expected to make presentations to internal clients.

• Take overall responsibility for the oversight of Associates’ and Analysts’ work product and provide mentoring of these team members.

Qualifications

Consider yourself an ideal candidate for this program if you are a highly motivated individual with demonstrated analytical, problem solving, and leadership skills; possess strong interpersonal skills; function well in a team environment; and if you are a results-oriented individual. In addition, we are looking for candidates who have the following:

• Bachelor’s degree in business, finance, accounting, or economics.

• A minimum of 7 years of experience in financial markets, including considerable experience in underwriting infrastructure equity investments.

• CFA / MBA is considered an asset.

• Strong understanding of corporate finance and an ability to assess financial performance, portfolio company acquisition multiples, and carrying values.

• Understanding of financial statements and strong financial modelling abilities and analysis skills.

• Strong verbal and written communication skills to effectively communicate with senior management. Ability to synthesize large amounts of data and communicate key findings through these communication skills.

• Ability to work independently and with a wide variety of people, including internal and external parties, and meet deadlines while managing several assignments.

• Demonstrated project and time management skills.

• Willingness and availability to travel.

When you join our team:

• We’ll empower you to learn and grow the career you want.

• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

• As part of our global team, we’ll support you in shaping the future you want to see.

Our compensation package for this role includes a competitive base salary complemented by a significant variable component, providing additional rewarding opportunities beyond the base pay listed.

À propos de Manuvie et de John Hancock

La Société Financière Manuvie est un chef de file mondial des services financiers qui aide les gens à prendre leurs décisions plus facilement et à vivre mieux. Pour en apprendre plus à notre sujet, rendez vous à l’adresse www.manuvie.com.

Manuvie est un employeur qui souscrit au principe de l’égalité d’accès à l’emploi

Chez Manulife/John Hancock nous valorisons notre diversité. Nous nous efforçons d’attirer, de perfectionner et de maintenir une main d'oeuvre qui est aussi diversifiée que nos clients, et de favoriser la création d’un milieu de travail inclusif qui met à profit la diversité de nos employés et les compétences de chacun. Nous nous engageons à assurer un recrutement, une fidélisation, une promotion et une rémunération équitables, et nous administrons toutes nos pratiques et tous nos programmes sans discrimination en raison de la race, de l’ascendance, du lieu d’origine, de la couleur, de l’origine ethnique, de la citoyenneté, de la religion ou des croyances ou des convictions religieuses, du genre (y compris grossesse et affection liée à une grossesse), de l’orientation sexuelle, des caractéristiques génétiques, du statut d’ancien combattant, de l’identité de genre, de l’expression de genre, de l’âge, de l’état matrimonial, de la situation de famille, d’une invalidité ou de tout autre motif protégé par la loi applicable.

Nous nous sommes donné comme priorité d’éliminer les obstacles à l’accès égalitaire à l’emploi. C’est pourquoi un représentant des Ressources humaines collaborera avec les candidats qui demandent accommodement raisonnable pendant le recrutement. Tous les renseignements communiqués pendant le processus de demande d'accommodement seront stockés et utilisés conformément aux lois et aux politiques applicables de Manuvie. Pour demander une mesure d’accommodement raisonnable dans le cadre du recrutement, écrivez à recruitment@manulife.com.

Région de référence du salaire

Modalités de travail

L’échelle salariale devrait se situer entre

Si vous posez votre candidature à ce poste en dehors de la région principale, veuillez écrire à recruitment@manulife.com pour obtenir l’échelle salariale correspondant à votre région. Le salaire varie en fonction des conditions du marché local, de la géographie et de facteurs pertinents liés au poste telles les connaissances, les compétences, les qualifications, l’expérience et l’éducation ou la formation. Les employés ont également la possibilité de participer à des programmes de motivation et de toucher une rémunération incitative liée au rendement de l’entreprise et au rendement individuel.

Manuvie offre aux employés admissibles une vaste gamme d’avantages sociaux personnalisables, notamment une assurance soins médicaux, soins dentaires, santé mentale, soins de la vue, invalidité de courte et de longue durée, assurance vie et assurance DMA, assurance adoption, de maternité de substitution et de soins médicaux non urgents ainsi que des programmes d’aide aux employés et leur famille. Nous proposons également aux employés admissibles différents régimes d’épargne-retraite (y compris des régimes de rente et un programme international d’actionnariat assortie de cotisations patronales de contrepartie) ainsi que des ressources en matière d’éducation et de conseils financiers. Notre généreux programme de congés rémunérés au Canada comprend les jours fériés, les congés annuels, les congés personnels et les congés de maladie, et nous offrons toute la gamme des congés autorisés prévus par la loi. Si vous posez votre candidature à ce poste aux États-Unis, veuillez écrire à recruitment@manulife.com pour obtenir de plus amples renseignements sur les dispositions relatives aux congés rémunérés spécifiques aux États-Unis.