Jim Orlando has joined OMERS Ventures, the venture capital investment arm of OMERS, as a managing director.
The Ontario Municipal Employees Retirement System (OMERS) has appointed George Cooke to the newly created role of independent board chair at the OMERS Administration Corp.
Patrick Crowley, chief financial officer of OMERS Administration Corp., has been named a Fellow of the Chartered Professional Accountants of Ontario for 2013.
OMERS has started an annual audit of its pension database.
OMERS reduced its ownership in a number of publicly traded companies in Canada and the United States at the end of the second quarter, according to a 13F filing with the Securites and Exchange Commission.
OMERS Ventures, the venture capital investment arm of the OMERS pension plan, is hiring Haroon F. Mirza for the newly created role of entrepreneur in residence.
The infrastructure investment arm of OMERS, Borealis Infrastructure, and Allianz have completed their purchase of Net4Gas.
The Global Strategic Investment Alliance is acquiring a one-third stake in Midland Cogeneration Venture from OMERS’ Borealis Infrastructure division.
At a meeting this week, the OMERS Sponsor Corporation (SC) board voted against a proposal by employer members to reduce pension payouts to retiring members.
LifeLabs Medical Laboratory Services, which is owned by OMERS’ infrastructure division Borealis, has made a friendly takeover bid to take CML Healthcare private.