Company: Ontario Teachers’ Pension Plan
Location: Toronto, ON
Expected salary:
Job date: Wed, 02 Apr 2025 04:17:09 GMT
Job description: The OpportunityThis is an exciting opportunity to join a collaborative, high performing team of private equity investors. The VC Team is a highly valued partner to deal teams, management teams, and Ontario Teachers’ global leadership. Value Creation capabilities have recently been centralized across the fund into a newly established group called Portfolio Solutions Group (PSG) in order to drive greater focus on delivering value creation plans pre and post deal during our ownershipThe MD of Value Creation will be focused primarily on our Healthcare sector within Equities, but will partner with other sector teams as needed. The Equities department has over $70B CAD of assets under management (through largely direct investments).In this position, you will partner with our deal teams and portfolio companies across the lifecycle of our investments, from diligence through exit. In particular, you will support our deal teams to evaluate new opportunities, develop and help execute Value Creation Plans (VCPs) for direct investments, accelerate specific value levers, and ensure we have the right talent in the right roles. You will work across multiple functional areas with a great opportunity to have a meaningful impact across the portfolio. You will report to the Global Head of Value Creation for Equities (a Senior Managing Director, who is based in London) and part of the Senior Leadership Team of Portfolio Solutions Group. Your line manager will be responsible for ensuring your time and expertise are deployed appropriately across Healthcare and other sectors as the overall VCT workload requires.Who you will work withBased in Toronto, you will join a dynamic, fast-paced, entrepreneurial environment with deal team investment professionals, CEOs and their senior leadership teams, Boards of Directors, and external advisors. You will also work with colleagues across OTPP, leading or supporting initiatives that straddle all private investments, with a close focus on control or co-lead deals. In all instances, you will have the opportunity to work with talented, collegial, high caliber and hardworking experienced individuals. Moreover, as a senior member of Portfolio Solutions, you will actively contribute to the overall best in class approaches across the global portfolio as Portfolio Solutions scales its approach. You will be a core member of this newly created group, which comprises about 30 individuals globally.What you will doYou will have several responsibilities and objectives, including:Partnering and building strong relationships with the HC deal teams (and other sector teams as required), so that you are seen as a true partner;Supporting the deal team on sector-based origination strategies, as well as supporting due diligence for potential investments;Leading the development of the Value Creation Plan (VCP) for new and existing investments. VCP development includes identifying the full potential opportunity of the business, architecting the key initiatives that will drive value during our hold period, as well as developing detailed KPIs and mobilization plans to ensure successful execution;Leading the implementation of specific projects with portfolio company executives in HC (and other sectors as required) to achieve full potential value, and coaching executives as required;Scoping and overseeing work done by third-party advisors for our portfolio companies, with responsibility and recognition for effective outcomesAssessing talent within portfolio companies and ensuing the right talent and organizational structures are in place to execute VCPs;Developing thought leadership and practice management pieces for the HC deal teams (and other sector teams as required), including playbooks;Working with the broader Value Creation Team / Portfolio Solutions Group to coordinate across regions and sectors, bringing specific functional expertise to support the development of the team’s execution and value added capabilities;Collaborating with the global Portfolio Management Team (who are part of Portfolio Solutions Group) to increase the effectiveness of our monitoring and performance transparency across the Equities portfolioBeing an active leader and role model within the global VC team and broader Equities team, supporting offsites, conferences, and junior training and development.Over your first two years in this role, you will have delivered on the following:Become a valued thought partner to the HC deal teams (and to direct investing deal teams more broadly), CEOs, their management teams and board members;Delivered tangible value in key investments by implementing specific action plans together with management teams and with support from specialist resources when needed;Created repeatable demand for yourself and the Value Creation Team from the HC deal teams (and potentially other deal teams) and portfolio company management teams;Supported diligence on selected new investments;Ensured new investments are successfully onboarded and that comprehensive VCPs are put in place with strong collaboration with portco management teams;Helped build out the Value Creation Team’s approach across the global portfolio in support of the Global Head of Value Creation and head of our newly established Portfolio Solutions Group; andPlayed a leadership role in developing our junior talent.What you will needYou will have a minimum of 15 years of progressive experience, including the following:Broad operating experience within a HC operating company (or similar type of business), with P&L, general management or sales & marketing / product / operations responsibilities; ideally with initial prior experience at a top-tier management consulting firm;Exposure to and interest in Healthcare (esp. digital health, providers and multi-site operations);Demonstrated track record and experience in driving tangible impact in businesses, identifying and formulating a plan to unlock value creation opportunities in areas such as go-to-market strategy and revenue growth, operations, recruitment & retention in multi-site health care, digital transformation, cost optimization, and financial managementExceptional EQ – senior level influencing and day to day collaboration with key stakeholders; low ego, with a “client-service” or “we” mindset, all whilst thinking with an investor lensStrategic and flexible problem-solving skills with a practical bias to drive action and impact;Success and experience in developing highly-skilled teams;Ability and willingness to travel regularly, and be part of shaping a global value creation teamUndergraduate degree, post-graduate degree or MBA;#LI-JF1What we’re offeringPay-for-performance environment that offers competitive salary and incentiveNumerous opportunities for professional growth and developmentComprehensive employer paid benefits coverageRetirement income through a defined benefit pension planThe opportunity to invest back into the fund through our Deferred Incentive ProgramA flexible/hybrid work environment combining in office collaboration and remote workingCompetitive time offOur Flexible Travel Program gives you the option to work abroad in another region/country for up to a month each yearEmployee discount programs including Edvantage and PerkopolisAt Ontario Teachers’, diversity is one of our core strengths. We take pride in ensuring that the people we hire and the culture we create, reflect and embrace diversity of thought, background and experience. Through our Diversity, Equity and Inclusion strategy and our Employee Resource Groups (ERGs), we celebrate diversity and foster inclusion through events for colleagues to connect for professional development, networking & mentoring. We are building an inclusive and equitable workplace where our talent is respected, accepted and empowered to be themselves. To learn more about our commitment to Diversity, Equity and Inclusion, check outHow to applyAre you ready to pursue new challenges and take your career to the next level? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application.Accommodations are available upon request (peopleandculture@otpp.com) for candidates with a disability taking part in the recruitment process and once hired.Candidates must be legally entitled to work in the country where this role is located.The privacy of your personal information is important to us. Please visit our to learn how we handle your personal information.Functional Areas: InvestmentsRequisition ID: 6351
This is a job opportunity for the position of Managing Director of Value Creation in the Healthcare sector within Equities at a private equity firm. The role involves partnering with deal teams and portfolio companies to develop and execute value creation plans, identifying growth opportunities, assessing talent, and working with third-party advisors. The successful candidate will have experience in healthcare operations, demonstrated ability to drive business impact, strong problem-solving skills, and a willingness to travel. Ontario Teachers’ offers competitive compensation, professional growth opportunities, comprehensive benefits, and a flexible work environment. The firm values diversity and inclusion in the workplace. Interested candidates can apply online.
