**Job Posting: Managing Director – Funds, Teachers’ Venture Growth (TVG)**

**The Opportunity**
As a Managing Director – Funds within Teachers’ Venture Growth (TVG), you will lead a global team of 3-4 investment professionals to deliver the TVG Global Funds Strategy. Your responsibilities will include origination and execution activities for investments in new funds, follow-on commitments, relationship management with our General Partners (GPs), and portfolio level oversight, while collaborating closely with our Direct investment teams across global offices.

Teachers’ Venture Growth (TVG), a department within the Ontario Teachers’ Pension Plan (OTPP), focuses on late-stage venture and growth equity investments in tech-enabled businesses. The TVG team of over 25 investment professionals employs direct investing and investing through funds to achieve its goals, currently managing a portfolio of approximately C$2.5Bn in commitments.

**Who You’ll Work With**
You will work in a dynamic and inclusive environment that embodies OTPP’s strategic ethos of agility, curiosity, courage, and performance. You will enhance the collaborative relationship between TVG’s Funds and Direct investing teams, leveraging both styles of investment to achieve differentiated outcomes. As a member of the TVG Senior Team, you will support the delivery of the overall global TVG strategy.

**What You’ll Do**
- Collaborate with the TVG Senior Team and global leaders to shape the evolving TVG Funds strategy and operating model.
- Oversee the global portfolio, providing regular analysis against our objectives of returns, direct deal flow, and market insights.
- Evaluate new and follow-on fund investment opportunities through market mapping and fund manager research.
- Lead execution of fund commitments, engage in key diligence streams, and prepare essential deliverables such as investment memos.
- Manage all aspects of fund underwriting including origination, screening, due diligence, structuring, negotiation, and preparation of internal committee materials.
- Present investment recommendations to relevant internal committees.
- Develop and maintain productive relationships with venture capitalists, limited partners, and industry organizations.
- Represent OTPP at LPAC meetings, annual GP meetings, and industry conferences.
- Oversee the valuation, monitoring, and administration of fund investments.
- Support direct investment activities and contribute to discussions on direct investments.
- Foster high-quality talent management through recruitment, retention, and team development.
- Collaborate cross-functionally with other investment teams and support departments.
- Contribute to the culture of curiosity and collaboration within TVG.

**What You’ll Need**
- Minimum 12+ years of relevant industry experience; a Bachelor’s degree in a related field is required; a graduate degree, MBA, or similar is an asset.
- Experience in constructing and managing a sizeable fund-of-funds portfolio with a focus on venture and growth equity funds.
- Ability to leverage networks across the global venture and growth equity landscape.
- Proven experience in sourcing, leading, and managing fund commitments post-investment.
- Track record in supporting the formation of new fund franchises and platforms.
- Experience investing through market cycles with knowledge of current trends in various tech subsectors.
- Strong analytical and quantitative skills with an entrepreneurial mindset.
- Excellent relationship-building capabilities and ability to represent the Teachers’ brand effectively.
- CFA designation is an asset.
- Advanced skills in Excel and PowerPoint.
- Ability to travel frequently as required.

**What We’re Offering**
- A pay-for-performance environment with a 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 work options.
- Competitive time off and flexible travel programs.
- Employee discount programs.

At Ontario Teachers', diversity is one of our core strengths. We are committed to building an inclusive and equitable workplace, fostering a culture that respects and empowers all individuals. To learn more about our commitment to Diversity, Equity, and Inclusion, please visit our website.

**How To Apply**
Ready to pursue new challenges? Apply today! You may be invited to complete a pre-recorded digital interview as part of your application. Accommodations are available upon request for candidates with disabilities. Candidates must be legally entitled to work in the country where this role is located.

**Requisition ID:** 5868