The Ontario Municipal Employees Retirement System has posted a healthy 12% return for 2010, with net assets rising to $53.3 billion as of December 31, 2010, up from $47.8 billion at the end of 2009. “OMERS achieved excellent investment results in 2010, supporting our mission of creating surplus wealth for plan members and sponsors,” said […]
The Ontario Teachers Pension Plan (Teachers’) confirmed on October 28, that its directors on the board of Maple Leaf Foods—a company in which Teachers’ is a long-time major shareholder of—have resigned. Wayne Kozun, the pension fund’s senior vice-president of public equities, and William Royan, its vice-president of relationship investing, were the two board members who […]
OMERS has teamed up with a Dutch pension fund in a venture capital program aimed at knowledge economy start-ups in both Canada and the Netherlands. The Netherland’s Stichting Pensioenfonds ABP (ABP) and OMERS have launched INKEF Capital, a 15-year program intended to deploy €200 million in both countries over the first five years. An acronym […]
The Caisse’s real estate portfolio posted a -15.8% loss.
Other Brieflies this week:| MON | TUE | WED | THU | FRI | The private equity arm of the Ontario Municipal Employees Retirement System (OMERS) has appointed Mark Redman as senior managing director for Europe. Redman will be responsible for Omers Private Equity’s (OPE) direct investment strategy across Europe and will build the investment […]