OMERS Private Equity has entered into an agreement to sell Canadian healthcare IT firm Logibec to U.S. private equity firm GI Partners for an undisclosed amount.
After a decade of neglect, Canadian innovation needs capital says OMERS' Ruffolo.
Alberta Investment Management Corporation (AIMCo) has acquired a $520.3 million mortgage portfolio from OMERS.
OMERS has appointed Patrick Crowley as executive vice-president and chief operating officer.
Kent Thexton has joined OMERS Ventures, the venture capital investment arm of the OMERS pension plan, as managing director.
OMERS, through its strategic investment arm OMERS Strategic Investments (OSI), has entered into a co-investment agreement with Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, and the Development Bank of Japan (DBJ).
OMERS president and CEO Michael Nobrega—who will be retiring at the end of this month—talks about his time with the pension fund
OMERS ended 2013 with $4 billion in total investment income, a $1.3-billion reduction in unfunded liability and an improvement in its funded ratio by three percentage points to 88%.
Derek Smyth, former managing director at OMERS Ventures and Vision Critical board member, has joined the company as chief revenue officer.
OMERS Private Equity, the private equity investment arm of OMERS, has entered into an agreement to sell Maxxam Analytics International Corp. to France's Bureau Veritas for $650 million.