OMERS Private Equity and a consortium equity group, including the Caisse de dépôt et placement du Québec, have sold their ownership of Cari-All Group Inc. to German manufacturer Wanzl Metallwarenfabrik GmbH. Cari-All is a leading manufacturer and distributor of shopping carts, shelving and backroom equipment. The sale price wasn’t disclosed, but Jim Orlando, managing director […]
Benefits Canada sat down with OMERS president and CEO, Michael Nobrega, for his views on pension investing and asset allocation.
In recent years, many pension plans have looked to private investments to mitigate some of the risk of public markets. For OMERS, this shift began in 2004. At the time, the fund—which has pension commitments to more than 400,000 members in Ontario—had an investment mix of 82% public market and 18% private investment holdings. But […]
Moves them to quantitative program, cuts staff.
Weighing the Pros and Cons.
Canadian banks are opposing a push by OMERS to manage PRPPs, reports Bloomberg News.
OMERS announced that its pensions will increase by 2.84% as of Jan. 1, 2012. This increase reflects the change in the cost of living as reported by the Canadian Consumer Price Index.
OMERS Ventures, the venture capital investment arm of the OMERS pension plan, has announced that Derek Smyth is joining its team as managing director.
OMERS Ventures, the venture capital investment arm of OMERS, has announced that Howard Gwin is joining its team as managing director.
Merger and acquisition activity edged higher in Canada in the third quarter, thanks to a wave of deals by pension funds and banks, says a report released Oct. 28 by PwC. According to PwC’s Capital Markets Flash quarterly report, deal volume in the July-September period rose by 8% compared to the same quarter last year, […]