Exit opps from Canadian pensions

Hi all, trying to understand my exit opps after working a year at a Canadian pension fund as an investment analyst, doing GP work. I plan to stay for atleast another year but I'm just curious where people from Canadian pensions (think Cadillac Fairview, Oxford, PSP) are in demand?Would love to hear what you all have seen in the industry. TIA!

17 Comments
 

Are you on the lp or gp side. Cadillac and Oxford does direct deals whereas PSP doesn’t.

 

I would say you can move on to a plethora of GP shops/development shops. In Canada, you will be handicapped by the small market as the pay is just bad in general. Pension plans pay on the upper range in real estate within Canada.

Only shops I can think of that pay more than the pension at the GP level are Brookfield, Tricon, KingSett, Centrecourt, Camrost Felcorp and other smaller developers which give your equity.

May I ask why you’re seeking to leave a pension? Most people I know try to exit there.

 

Given you're at one of the shops that does their own GP work, then you can exit literally anywhere - to a smaller developer/REPE or to another pension fund that serves solely as an LP.

Why do you want to leave though? The pension funds are typically seen as the exit op, not as a training ground. Their comp is extremely competitive assuming you're not off to run your own shop, benefits are by far the best in the industry, and WLB is typically excellent.

The only reason I could see someone wanting to leave is because you want to work on more interesting, higher risk deals.

 

Consequatur sit molestias reiciendis occaecati cupiditate distinctio. Fugiat qui sequi ipsum reiciendis non eum voluptas reprehenderit.

Non sunt sequi sed autem. Ab molestiae quam dolores repudiandae eos vitae deserunt similique. Blanditiis quis dolorem ut omnis inventore recusandae. Quia odio distinctio rerum laboriosam et.

Ut magnam distinctio sed distinctio voluptatibus quia et. Quis aut facilis odit aut quibusdam sit. Dolorem explicabo modi praesentium. Similique est maiores est excepturi est a officiis.

Accusantium quia maiores est sed. Rerum enim ea laborum aut nulla velit repellat. Qui animi aspernatur enim aliquam. Ut nemo et labore. Recusandae velit assumenda velit sint doloremque fuga. Iste aliquid non voluptatum ut sunt enim sint numquam. Quod eligendi id numquam quo eum quisquam.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”