Legal Counsel, Canada Growth Fund Investment Management

ABOUT US

We’re one of Canada’s largest pension investment managers, with CAD$264.9 billion of net assets as of March 31, 2024.

We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.

Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before. In Budget 2023, the Government of Canada announced that PSP Investments would act as the independent and exclusive investment manager for the Canada Growth Fund (CGF) a $15 billion investment vehicle that was established to support the growth of Canada’s clean economy. As the investment manager of CGF, PSP Investments will provide the full suite of investment management services to CGF, covering the entire investment and asset management lifecycle.

EXPERIENCE THE EDGE

At PSP, we encourage our employees to grow, forge powerful relationships, contribute and fuel inspired investment launchpads. We are committed to a culture that fosters collaboration and allows us to think beyond, in an interconnected way. We advocate for our employees to speak-up, learn, experiment, share, and be part of an

inclusive work environment

where diversity is embraced.

ABOUT THE TEAM

The Canada Growth Fund Investment Management (CGFIM) Team is a new team created within PSP to manage the CAD$15 billion Canada Growth Fund (CGF). CGF was established to help Canada speed up the deployment of technologies in its effort to reduce emissions, transform its economy, and support the long-term prosperity of Canadians. CGF’s mandate is to catalyze substantial private sector investment in Canadian low-carbon projects, technologies, businesses, and supply chains by deploying innovative funding structures that help mitigate certain risks and uncertainties inherent to investing in the low-carbon economy. CGF will be investing in Canadian projects and companies across themes such as carbon capture, hydrogen, renewable natural gas, clean technology, and critical minerals.

This position is an excellent opportunity for a transactional lawyer to join a first-class, dynamic, team-oriented, highly motivated and supportive legal team and to develop their legal career as well as their business and management skills. We are committed to hiring exceptional people who will contribute their expertise, talent and energy towards our mandate.

Reporting to the Chief Legal Officer of CGFIM, a subsidiary of PSP, and working closing with the Director, Legal Affairs, CGFIM, you will be responsible for providing transactional and strategic legal support to the CGFIM investment team on a wide range of cutting-edge transactions to help decarbonize and grow the Canadian economy. As part of your role, you will have the opportunity to work on complex and first-of-a-kind investments in large infrastructure projects, as well as in areas such as clean tech (both direct and fund commitments), and Canada’s low carbon supply chain and critical minerals., where you will be required to identify and manage investment legal risk based on CGF’s risk appetite.

You must have excellent communication skills, be highly motivated and self-confident, as you will be engaging directly with internal business partners, external counsel and stakeholders. Strong business acumen, good judgment and pragmatism are also a must in order to succeed in this role.

ABOUT YOUR ROLE

As a Legal Counsel (CGFIM), you’ll:
- Support complex and innovative transactions including mergers and acquisitions, reorganizations, sale of assets, joint ventures, fund investments, carbon credit offtakes, carbon contracts for difference, and other types of transactions, working with investment professionals in the CGFIM team- Coordinate the legal work performed by approved external legal counsel in accordance with internal policies and within the prescribed legal budget- Ensure that all dealings and business practices are carried out in compliance with governing legislation, regulations and policies- Provide support on various legal matters relating to the organization’s activities and operations including asset management activities, governance, regulatory, litigation ESG related disclosures and other corporate activities- Work in collaboration with other internal stakeholders (e.g., Tax, Sustainability and Climate Innovation, Risk groups)

WHAT YOU’LL NEED- Have a university degree in law- Be a member (in good standing) of the Bar Association of any of the Canadian provinces or territories- Have one (1) to four (4) years post qualification experience as a lawyer in mergers and acquisitions, capital markets and/