Analyst, Private Equity (Funds, Co-Investments and Secondaries)

About Us With $295.0 billion of gross assets under management as of March 31, 2025, British Columbia Investment Management Corporation (BCI) is the provider of investment management services for British Columbia’s public sector and one of the largest asset managers in Canada. BCI seeks investment opportunities around the world and across a range of asset classes that convert savings into productive capital. Our investment returns play a significant role in helping our institutional clients build a financially secure future for their beneficiaries.

Headquartered in Victoria, British Columbia, with teams spanning Vancouver, New York, London, and Mumbai.

BCI integrates environmental, social, and governance (ESG) factors into all investment decisions to meet clients’ risk and return requirements. Our people shape employee‑focused initiatives, creating a strong culture. Funding close date: December 11, 2025.

The Opportunity Reporting to the Senior Principal, Private Equity, the Analyst plays a key role in making and managing external private equity fund commitments and co‑investments. The role also involves supporting secondary transaction processes, including fundamental valuation and financial modeling of private equity fund positions. The Analyst’s activities include screening, performing due diligence, supporting the execution of new fund investments and select co‑investments, ongoing monitoring of existing investments, participating in various projects, and staying abreast of trends in the private equity funds market.

Who you will work with The Private Equity department manages a diverse portfolio of roughly $35 billion in global private equity investments comprising fund, direct, and co‑investments. The portfolio is projected to continue growing over the coming years, with an increased emphasis on direct and co‑investment strategies. Our department currently consists of 74+ professionals spanning offices located in Victoria, New York City, and London organized into four sub‑teams: Direct Investments, Fund Investments, Venture & Growth, Finance & Operations.

What you bring

Undergraduate degree with high academic standing

Previous internship and/or 1‑2 years of full‑time experience in accounting, equity research, private equity, investment banking, management consulting, or corporate M&A

Strong financial modeling, analytical, valuation and research skills

Excellent communication skills, both written and verbal

Attention to detail

Ability to manage projects under pressure to meet tight deadlines

Strong business acumen and judgment

Ability to work independently and as part of a team in a high‑performance culture

Proficiency with business software and analytical tools such as Capital IQ and Bloomberg

Strong interest in private equity fund investing

Willingness to travel

Authorization to work in Canada

Working toward a CFA is considered an asset

What you will do Investment Analysis and Execution

Supports the analysis of private equity fund and co‑investment opportunities, meets with private equity fund managers, and develops fund and co‑investment screening tools

Develops investment thesis and identifies portfolio fit attributes for potential fund investments; develops investment thesis with investment merits, risks, and mitigants for new investment opportunities

Supports secondary processes with fundamental valuation analysis and modeling of private equity fund positions

Takes a structured approach with appropriate level of analysis in various workstreams of due diligence

Takes a proactive role in reviewing and challenging financial projections

Coordinates and completes some due diligence sections with minimal guidance and advanced sections with guidance

Synthesizes findings, key analysis and supporting documents in an organized and documented manner

Writes effective screening, deal alert and investment memorandums, and assists in coordinating the internal review/approval process

Effectively presents diligence findings during group discussions of investment opportunities and recommendations

Portfolio Monitoring and Oversight

Monitors assigned investments, identifying any existing or potential risk factors related to performance or other issues, including tracking/evaluating performance metrics, ongoing review against original investment thesis, ongoing strategic fit, and significant changes impacting the investment

Supports the development of tracking tools and processes to ensure sustained long‑term returns

Systematically develops objective and rigorous views on the long‑term fit of specific fund relationships and co‑investment activities to ensure ongoing strategic fit with the developing objectives of the overall private equity program

Projects/Ongoing Knowledge

Keeps up‑to‑date on industry and private equity trends

Works on specific projects to enhance team capabilities

Develops key strategic relationships with fund managers, other limited partners, internal resources, etc.

Where you will work Work from our downtown Victoria office. We are an in‑person collaborative organization with the flexibility to work remotely 1-day a week.

Salary Range The annualized base salary range for this role is CAD $110,000 to $125,000.

BCI offers a competitive total rewards package, including a performance‑based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan, and paid time off. We pay our people competitively in the markets in which we operate and with consideration for internal equity and job structure. The base salary will consider factors such as the individual’s skill set, experience, and internal equity. We aim for actual pay to be around the market median for expected performance and the upper quartile for excellent performance. Actual salaries may vary based on experience and expertise.

Next Steps To apply online, please submit your resume promptly. Applications will be actively reviewed, and those selected for an interview will be contacted. We welcome all qualified candidates who are legally authorized to work in the country where this job is located. If you do not have authorization, or if your work permit has restrictions or is due to expire within 12 months, please inform our recruitment team if shortlisted.

Diversity and Inclusion At BCI, we value diversity and foster an inclusive culture where all employees can thrive. We are performance and client‑focused, valuing integrity, and we want to know you if you share these values. We recognize that some skills can be learned on the job and encourage everyone to apply. If you require accommodations for the recruitment process, such as alternate formats of materials or accessible meeting rooms, please contact us at hr@bci.ca.

Career Page To learn more about working with BCI, including our comprehensive benefits packages, our commitment to equity, diversity and inclusion and the recruitment process, visit our BCI Careers Page.

Recruitment Policy BCI does not accept unsolicited resumes or candidate submissions from third‑party recruitment agencies, executive search firms, or staffing suppliers unless they have an existing contractual agreement with our organization. Our approved vendor relationships are established for particular recruitment requirements and do not extend to general job postings on our website or other platforms. Any candidate information or resumes submitted by suppliers not approved by BCI will be deemed unsolicited and will not be reviewed or considered. BCI will not be liable for any fees, commissions, or charges related to unsolicited candidate submissions or recruitment services.

#J-18808-Ljbffr