Evan Zhou

Evan Zhou

Senior Analyst (Infrastructure), Private Markets
University Pension Plan

Evan Zhou has been selected as a candidate for the NextGen to Watch List, recognizing young professionals (32 and under) in the pension and investment industry who demonstrate strong commitment and exceptional performance. In this interview, Evan discusses his role at University Pension Plan (UPP), his approach to seeking new opportunities and navigating challenges as a senior analyst. He also shares advice for young professionals on building leadership skills, entering the industry, and his thoughts on potential disruptions in the investment field over the next decade.

Institutional CONNECT: Can you tell us briefly about your current role at UPP and what got you so interested in private markets?
Evan Zhou: I am currently a Senior Analyst in the Infrastructure Asset Class at UPP, where I support various aspects of our investment activities. My responsibilities include researching investment ideas to support our investment sourcing initiatives, conducting thorough due diligence during investment execution, and assisting in asset management. Being part of a young organization like UPP has also given me the chance to contribute to building a new pension investment organization in Canada, offering valuable exposure beyond a typical investment role. What drew me to private markets is the opportunity to deeply understand different businesses and industries. Whether through reviewing due diligence reports, financial modeling, speaking with General Partners, or meeting with company management, I find this exposure not only broadens my perspective and allows me to continuously develop my skills. It has been a rewarding experience to learn directly from seasoned professionals in the field while further developing my expertise in the space.
Institutional CONNECT: As a senior analyst, how would you describe your mindset when it comes to seeking new opportunities and encountering challenges in your career?

Evan Zhou: I believe it’s important to always seek new opportunities and step outside of your comfort zone. With the vast resources available today, such as the internet and AI, it has become much easier to approach new challenges by simply asking the right questions. Personally, maintaining a positive mindset helps me manage stress when facing roadblocks in a project or in my career.
At UPP, the culture fosters openness and ensures that developing professionals receive the necessary support and guidance. This creates a strong support network and encourages taking on new tasks, recognizing that facing challenges is a natural part of career growth.
For myself, I make a conscious effort to solve challenges on my own before seeking help, which pushes me to think critically and develop skills through hands-on experience—a key factor in my personal growth. Perseverance has been crucial for me. When confronted with obstacles, I focus on staying adaptable, taking full accountability, and viewing setbacks as opportunities to learn and improve, rather than sources of discouragement.

Institutional CONNECT: What’s your advice for young professionals to foster their leadership skills?

Evan Zhou:I believe leadership starts with your own actions and demonstrating that you’re dependable, proactive, and accountable. These qualities build trust with colleagues while also building self confidence in your own abilities in different situations.
Strong communication is an essential leadership skill. Whether you’re in a formal meeting or an informal discussion, it’s important to research and articulate your thoughts with confidence to ensure your message is clear and understood. Make sure to take every opportunity to present or write in professional settings, as these experiences will help you hone your ability to convey ideas clearly.

Institutional CONNECT: What career advice would you offer to young professionals who wish to join the pension industry or start building their own career pathways?

Evan Zhou: At the start of your career, it’s important to stay open-minded to unexpected opportunities, as they can provide invaluable perspectives and help clarify your long- term career goals. Be proactive: if you’d like to join an investment team, take the initiative to understand its sectors and key companies and learn to articulate a strong investment thesis. Demonstrating your ability to communicate logical investment ideas is essential when engaging with internal or external industry stakeholders.
Additionally, invest time in professional development on your own time. Whether through reading or taking courses, continuous learning in your field is crucial. Stay informed about upcoming projects and be proactive about learning essential skills in advance. That way, you’ll be better prepared to execute effectively, even under tight timelines.

Institutional CONNECT: What will bring disruption to investment industry in the next 10 years and why?

Evan Zhou: Technology remains the most significant disruptor across industries, including investments. This disruption compels investors to rethink their strategies, incorporating technological advancements in their target sectors. It is expected to reduce cost barriers, enabling mass commercial adoption of innovations like sustainable fuels, space commercialization, and other emerging trends. Additionally, increasing accessibility of private market opportunities for larger investor groups, including retail investors, will bolster private markets growth, which stands to enhance deal flow activity and broaden the investment landscape for all investors.

Evan Zhou, Senior Analyst (Infrastructure), Private Markets, University Pension Plan spoke at NextGen Forum 2024, which took place on September 19, 2024 Delta Hotels Toronto.
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