Canada's 10 largest public pension funds contribute significantly to national prosperity and also provide Canadians with one of the strongest retirement income systems in the world, a Boston Consulting Group (BCG) study concludes.
OMERS Ventures, the venture capital investment arm of OMERS, has announced that Kevin Kimsa is joining its team as venture partner.
OMERS unit Oxford Properties has established a joint venture with the Crown Estate, which manages the Queen’s real estate holdings, to purchase a 50% stake in a £320-million commercial development in Central London.
Borealis Infrastructure, the infrastructure investment arm of OMERS, has completed the previously announced sale of its 33% interest in Express-Platte Pipeline System to Spectra Energy Corp. for approximately USD$430 million.
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Any pooling of Ontario public sector pension assets must be carried out in a carefully planned manner if members are to realize benefits from such an arrangement, according to a statement from the College and University Retiree Associations of Canada/Associations de retraités des universités et collèges du Canada [CURAC/ARUCC].
OMERS Ventures, the venture capital investment arm of the OMERS pension plan, has added some new skills to its team.
Plan's assets top $60 billion but deficit persists.
OMERS—Canada’s second-largest pension plan, according to Benefits Canada’s 2012 Top 100 Pension Funds Report—today announced its 2012 financial results, highlighted by $5.7 billion in asset growth.
Borealis Infrastructure, the infrastructure investment arm of OMERS has agreed to sell its 57% stake in Enwave Energy Corporation for $223 million.