Director, Private Capital – Healthcare
City : Toronto, Canada
Category : Investments
Industry : Financial Services
Employer : Ontario Teachers’ Pension Plan - OTPP
Director, Private Capital - Healthcare
Our Equities team is hiring a Director in Private Capital. By joining the team, you will be working with private equity investment professionals with deep sector and regional expertise. You will play a key role in sourcing, leading and managing direct investments in Healthcare.
Who you'll work with
Reporting to the Managing Director, you will lead deal teams comprising analysts, associates and principals, supported by third party consultants, legal and accounting professionals dedicated to each particular investment.
The Healthcare team focuses on platform investments in sub-sectors with strong market fundamentals and often a consolidation with an opportunity to deploy growth capital. Sub-sectors include healthcare technology, outsourced pharma services, med-tech product and services, Value Based Care, behavioural health and Physician Practice Management/Specialty clinics. The current portfolio consists of Amica Mature Lifestyles, Heartland Dental, PhyNet Dermatology, NVision Centers, Acorn Health and Phymed Healthcare.
In certain instances, the Director may also work with colleagues in the London or Hong Kong offices in evaluating international investment opportunities in a given sector.
What you'll do
Play an active role in identifying target investments and creating a “right to win”, which should include unique value creation levers.
Conduct desk research, working with consultants, operating executives, attending conferences and trade shows, networking with management teams and meeting with various industry participants to uncover new opportunities.
Lead the team in the evaluation of new investments determining whether the company represents an attractive investment opportunity. This evaluation includes: conducting industry and company due diligence, creating sophisticated financial models, arranging debt financing, negotiating legal documentation and preparing written recommendations.
Once a transaction has been onboarded, the Director will remain actively involved with the portfolio company either serving on the board of directors or in a board observer role.
Partner with the business leaders to implement value-enhancing initiatives and collaborate with management on various initiatives including strategy, value creation projects, mergers and acquisitions, debt re-financings, and strategic projects.
What you'll need
15+ years meaningful work experience, with ideally the most recent experience being in leading deals in healthcare private equity. Active healthcare M&A in a lead role in corporate development would also be considered if supplemented by previous experiences in management consulting, or investment banking.
Experience in playing a leading role in the investment process, including conducting due diligence, leading multiple diligence streams such as financial, operational, legal, tax, insurance as well as arranging debt financing and negotiating documentation
Significant experience serving on Boards of Directors
Strong academic background, with a financial designation (i.e. MBA, CFA CBV or CA designation a plus)
Very strong analytical and quantitative skills to perform in-depth, innovative, critical analysis
A deep understanding of fundamental investment analysis
Strong negotiating skills
Strong interpersonal skills and ability to build constructive relationships with internal and external parties (particularly management teams)
Good communications skills, both oral and written
An ability to balance priorities, work independently, lead projects and thrive in a high performance team environment
Willingness and ability to travel
What we're offering
Pay for performance environment that offers competitive salary and incentive
Numerous opportunities for professional growth and development
Comprehensive employer paid benefits coverage
Retirement income through a defined benefit pension plan
A flexible/hybrid work environment combining in office collaboration and remote working
Competitive time off
Discount programs including Edvantage and Perkopolis
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How to apply
Are you ready to pursue new challenges and take your career to the next level? Apply today!
Accommodations are available upon request (firstname.lastname@example.org) for candidates with a disability taking part in the recruitment process and once hired.
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