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Associate, infrastructure – real assets

Sydney
Canada Pension Plan Investment Board
Infrastructure
Posted: 26 April
Offer description

Associate, Infrastructure – Real Asset

Location: Sydney | Type: Full time | Posted Today | End Date: May 31, 2026 (30+ days left)

Purpose. Performance. People. Joining CPP Investments means joining one of the world's most admired and respected institutional investors to drive a single mandate: to deliver strong, sustainable returns for generations of Canadians. With a long‐term horizon and global reach, we deploy capital at scale across public and private markets. Our size, stability, and disciplined investment philosophy allow us to pursue complex opportunities and build enduring partnerships worldwide. For our people, this means meaningful work with tangible impact, real opportunity, and collaboration with exceptional colleagues who value partnership and performance. Here, you'll contribute to outcomes that matter alongside team members committed to excellence and shared success.

Role Summary

The Infrastructure team is comprised of experienced professionals working across offices in Sydney, Toronto, London, New York, Sao Paulo, and Mumbai. The team seeks to invest in a diversified portfolio of assets in critical sectors that provide essential services and promote economic growth and sustainability. Our focus areas include digital and telecoms (e.g., data centres, fibre, towers), energy infrastructure (e.g., electricity and gas transmission assets, storage, regulated utilities, EV charging), transport (movement of goods and people, e.g., toll roads, ports, rail and airports), water and wastewater, as well as circular economy. The Infrastructure portfolio (C$62 billion as at 31 March 2025) comprises numerous active direct investments spread across markets including Australia, Canada, UK, USA, Europe, Latin America, India, Japan, South Korea and Indonesia. We are seeking a high‐performing individual, based in Sydney, to support our continued future growth.

Reporting to the Managing Director – Asia Pacific, the Analyst / Associate will be part of a team primarily covering infrastructure in Australia and other markets in the Asia Pacific region (ex. India), and may also be involved in investments in other regions, playing a key role in making and managing infrastructure investments around the world on a principal basis. The Analyst / Associate supports senior team members in evaluating potential infrastructure investment opportunities, conducting research, developing recommendations, participating in the negotiation and execution of investments and monitoring and managing investments.

Accountabilities & Qualifications

Core Accountabilities

Investment & Sector Screening

* Compile infrastructure industry, market and asset‐level operational and financial data to support research
* Perform fundamental infrastructure sector and asset‐level analysis and present clear, commercial insights to the broader team and infrastructure group
* Build and maintain financial models and perform valuation analyses; including scenario, sensitivity and comparative analysis to support investment decisions
* Proactively identify and evaluate potential investment themes and opportunities, contributing to sector strategy discussions

Investment Diligence & Deal Execution

* Assist in the preparation and presentation of Investment Committee memos demonstrating strong written skills and clear articulation of investment theses and risks
* Support, and at Associate level, coordinate discrete diligence workstreams and adviser relationships, through rigorous analysis and coordination with internal stakeholders and external advisors, as required
* Contribute to negotiation materials and transaction documentation review, as appropriate

Asset & Portfolio Management

* Assist in the preparation and presentation of ongoing and ad‐hoc investment performance reporting
* Monitor ongoing financial and operational performance of existing APAC (ex. India) infrastructure portfolio assets
* Support transition of new assets into the CPPIB infrastructure portfolio by identifying benchmarks, building financial models and providing rigorous onboarding and project management support
* Engage with management teams and operating partners to track value creation initiatives and support portfolio company oversight

Core Qualifications

* Undergraduate degree in a relevant field
* Advanced degree or certification (CFA) is an asset
* 2‐5 years of relevant work experience (lower end considered for Analyst level, greater experience for Associate level)
* Strong research, analytical, financial modeling, valuation, problem‐solving skills and ability to think creatively
* Advanced computer/technical skills – MS Excel, MS PowerPoint
* Solid verbal and written communication skills
* Demonstrated ability to manage workstreams independently and collaborate effectively

You are motivated to contribute to something larger than yourself, approach complex challenges with rigor, and hold yourself to high standards in a collaborative, performance‐driven environment.

Inclusion & Accessibility

CPP Investments is committed to equitable access to employment and building a workforce that reflects diverse talent and perspectives. If you require accommodation at any stage of the recruitment process, please let us know and we will work with you to meet your needs.

Attention: Protect Yourself from Fraud

CPP Investments is committed to a secure and transparent recruitment process. We will never ask candidates for payment or financial information at any stage of hiring. All legitimate opportunities are posted on our careers page, and communications will come from our applicant tracking system, Workday. CPP Investments may use AI tools to help screen and assess applicants by analysing resumes and applications for relevant skills and experience. These tools support, but do not replace, human decision‐making.

What You Can Expect

* Meaningful work with measurable impact
* Exposure to complex, global challenges
* Opportunities for learning and growth
* Competitive total rewards and benefits
* Comprehensive wellness programs
* Inclusive and respectful of diverse perspectives

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