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.
Michael Latimer will become OMERS CEO.
Michael Nobrega, president and CEO at OMERS since 2007, will retire from this position at the end of March 2014.
OMERS has announced that pensions will increase by 0.9% as of Jan. 1, 2014.
OMERS Private Equity (OPE)—along with existing management—has acquired Caliber Collision Centers from private equity firm ONCAP, Onex Corporation's mid-market private equity platform.
OMERS sold shares in a number of retailers at the end of the third quarter, according to a 13F filing with the Securities and Exchange Commission.
The Ontario Teachers' Pension Plan and OMERS are pleased with the Government of Ontario's decision to modernize investment rules for large pension plans.
Defined benefit plans help lighten the load on federal benefits: study.
LifeLabs Medical Laboratory Services, which is indirectly owned by OMERS through its Borealis Infrastructure unit, has completed the previously announced acquisition of CML HealthCare.