The Ontario Municipal Employees Retirement System, through OMERS Growth Equity, is leading a $227 million Series-F funding round for intelligent and predictive search technologies provider Coveo. Founded in 2005, Coveo enables organizations to personalize digital experiences for customers, partners and employees. It combines unified search, analytics and machine learning to deliver relevant information and recommendations […]
The Public Sector Pension Investment Board and Aviva Investors are teaming up to invest £250 million in a commercial property in Cambridge, U.K. The agreement marks the second time the two organizations have teamed up on a real estate investment. In 2015, they invested in a portfolio of commercial properties in central London, currently valued at more than £400 million. […]
Oxford Properties Group, the real estate investment arm of the Ontario Municipal Employees’ Retirement System, announced the winners of its global Hackathon competition, which awards prizes to innovators for their work to disrupt the design and construction process of commercial real estate. As real estate has proven to be an increasingly important asset class for pension plans, […]
Oxford Properties Group, the real estate investment arm of the Ontario Municipal Employees’ Retirement System, announced the winners of its global hackathon competition, which awarded prizes to innovators for their work to disrupt the design and construction process of commercial real estate. As real estate has proven to be an increasingly important asset class for […]
The Canada Pension Plan Investment Board is making its first infrastructure investment in Indonesia, with the acquisition of a 45 per cent interest in PT Lintas Marga Sedaya, the concession holder and operator of the Cipali toll road, a critical link in the transportation network of the island of Java. PT Baskhara Utama Sedaya, a wholly-owned subsidiary of PT […]
Spanish multinational Ferrovial S.A. is appealing an Ontario Superior Court decision that cleared the way for SNC-Lavalin Group Inc. to proceed with the $3.25-billion sale of a stake in the 407 toll highway to the Canada Plan Plan Investment Board. An SNC-Lavalin spokesman said in an email that even if the decision were reversed on […]
SNC-Lavalin Group Inc. says an Ontario judge has cleared it to proceed with the $3.25-billion sale of a stake in the 407 toll highway, paving the way for the beleaguered company to pay off hundreds of millions in debt. The engineering giant says the Ontario Superior Court has dismissed an attempt by Cintra Global to […]
The Ontario Municipal Employees Retirement System, alongside the Bank of Montreal, is committing $33 million in funding to District Ventures Capital. Founded by financier Arlene Dickinson, the fund focuses on consumer goods-related venture capital. With the new investment, the fund now totals $70 million. Read: PSP Investments takes on Hawaiian farmland “We are pleased to have these institutional investors […]
Indian-based infrastructure conglomerate IndInfravit Trust, whose owners include the Canada Pension Plan Investment Board and the infrastructure investment arm of the Ontario Municipal Employees’ Retirement Plan, is buying nine operational road projects from Sadbhav Infrastructure Project Ltd. The portfolio of roads, which was valued at more that $66 million rupees, or about $1.2 billion, includes seven toll roads […]
Oxford Properties Group, the global real estate arm of the Ontario Municipal Employees’ Retirement System, released its initial designs for the planned Union Park development in downtown Toronto. The four acre site, located just north of the city’s CN Tower, is set to become a 4.3 million square foot mixed-use space. The project, once completed, […]