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.
Pension fund builds its presence in Europe.
OMERS Ventures, the investment arm of the public pension plan, has made a substantial investment in Desire2Learn Inc., a cloud-based learning solutions provider.
Venture cap arm sets sights on travel planning industry.
OMERS Ventures is setting its sights on the travel planning industry.
OMERS Ventures—the venture capital investment arm of OMERS—has invested $16 million in BuildDirect.com, an e-commerce provider for heavy weight building materials.
OMERS Private Equity has signed an agreement to acquire U.K.-based Lifeways from August Equity for an undisclosed sum. Lifeways provides supported living services for adults with learning disabilities.
OMERS Private Equity-owned retailer Golf Town is expanding south of the border by acquiring Golfsmith International Holdings Inc., a similar U.S.-based chain, in a deal valued at almost US$100 million.