The Ontario Public Service Employees Union is adding its voice to the concerns about possible pension plan changes by the Ontario Municipal Employees Retirement System. “The OMERS pension plan is in good shape financially and will ensure a dignified retirement for the hundreds of thousands of Ontarians who’ve paid into it throughout their working careers,” […]
However, CUPE has reservations about suggested changes.
As part of a comprehensive plan review, the Ontario Municipal Employees Retirement System is looking at a number of changes, including to indexing provisions. While a plan executive is offering a more nuanced version of the issue, the Canadian Union of Public Employees union is sounding the alarm about possible changes. Read: Boosted by public equities, […]
The infrastructure arm of the Ontario Municipal Employees Retirement System has entered an agreement to sell its stake in Airports Worldwide Inc., a portfolio of airport assets and management contracts. “OMERS first invested in AWW in 2009,” said Ralph Berg, executive vice-president and global head of infrastructure for OMERS Private Markets, in a press release. “We […]
Ivanhoé Cambridge, the real estate investment arm of the Caisse de dépôt et placement du Québec, has appointed Nathalie Palladitcheff as president and Alfonso Graceffa as head of business units. Palladitcheff joined Ivanhoé Cambridge in 2015 as executive vice-president and chief financial officer. Previously, she was the acting chief executive officer at Icade, a Paris-based real estate investment company. Read: Ivanhoé Cambridge […]
In their constant search for diversification, Canada’s largest pension funds seem to be continually restructuring their Canadian office building portfolios. “The goal has been to redeploy their investments by expanding internationally and developing new class A office buildings in Canada as well,” says Ayres Gonsalves, vice-president of commercial at Dorsay Development Corp., a Toronto-based real estate […]
The Ontario Municipal Employees Retirement System saw its net investment return rise to 11.5 per cent at the end of 2017, compared to 10.3 per cent at the end of 2016 and a benchmark of 7.3 per cent. Its investments generated almost $10 billion in net investment income during the year, with net assets increasing to $95 billion […]
The Ontario Municipal Employees Retirement System has appointed Michael Ryder as a senior managing director and head of Americas for its infrastructure arm, OMERS Infrastructure. Based in New York, Ryder joins OMERS from the Blackstone Group where he was a senior managing director with Blackstone Energy Partners. In the role, he led the firm’s midstream energy and oilfield […]
Ethereum Capital will fund enterprise applications
The Ontario Municipal Employees Retirement System’s infrastructure investment manager has changed its name to be better aligned with the pension fund. Borealis Infrastructure, which manages assets with enterprise values in excess of $2 billion, is now called OMERS Infrastructure Management Inc. Read: OMERS’ infrastructure arm invests in Thames Water “The name OMERS Infrastructure helps the […]