Thoughts on CPPIB vs Traditional IBD (Canada)
I was wondering about how CPPIB stacks up against the globals in Toronto (Lazard, Evercore, BAML, Citi etc) in terms of comp, lifestyle, and exit opportunities.
I am personally leaning towards CPP because the work seems more interesting, and I really enjoyed the people I have met at the firm. The analyst program at CPP allows for 3 rotations across their active equities, principal credit investment, private equity, and real asset divisions. My concern is that I would be making a mistake not pursuing the traditional banking experience when trying to pursue exits down the road. I have also been warned that most buy-side shops look down on pension investors, so I will be limiting myself.
I was hoping that some Canadian monkeys would have be able to provide some insight on the firm and advice on what factors I should be considering