Canada has a long list of laggards.
As a result of slow global growth, low interest rates and market volatility, the Ontario Municipal Employees Retirement System (OMERS) saw its net investment return slide to 6.7% in 2015, down from 10% in 2014. While the pension plan’s 2015 net return for public investments was 0.7%, down from 11% in 2014, it saw the net […]
The London City airport will be bought by a consortium that includes the Ontario Teachers’ Pension Plan, the Alberta Investment Management Corporation and Borealis Infrastructure, which manages infrastructure investments for the Ontario Municipal Employees Retirement System, reports the Financial Times. The price tag is reported to be around £2 billion. The Financial Times says the […]
OMERS division Borealis Infrastructure Management is part of an investment consortium that has agreed to buy Autobahn Tank & Rast Holding, an operator of highway service centres in Germany, for an undisclosed amount.
OMERS Ventures has promoted Damien Steel to the role of managing director.
Fairfax Financial Holdings has completed its cash tender offer to shareholders of Brit PLC and sold 29.9% of the Brit shares to Ontario Municipal Employees Retirement System (OMERS).
The private equity arm of Ontario Municipal Employees Retirement System (OMERS) has agreed to buy Ohio-based Kenan Advantage Group, which operates a trucking network that delivers fuel, chemicals and liquid food across North America. OMERS Private Equity didn’t disclose how much it will pay for Kenan, which has about 7,500 employees throughout its operating companies. […]
OMERS Private Equity (OPE) has signed a definitive agreement to acquire consulting firm Environmental Resources Management (ERM) from Charterhouse Capital Partners for US$1.7 billion.
OMERS is looking to buy a 29.9% interest in Brit PLC from Toronto-based Fairfax Financial Holdings.
A consortium led by Borealis Infrastructure Management, a division of OMERS, has agreed to buy Fortum Distribution AB for €6.6 billion ($8.9 billion).