Three new senior appointments at the Ontario Teachers’ Pension Plan include new roles for Gillian Brown, Danilo Simonelli and Saurabh Rastogi. Brown will lead the pension fund’s capital markets group as senior managing director. The team manages total fund exposure to a number of asset classes, including equity, fixed income, credit and inflation sensitive. Since joining the Ontario Teachers’ in 1995, Brown has […]
Following a recapitalization led by the Ontario Teachers’ Pension Plan and BC Partners, GFL Environmental Inc. is merging with Waste Industries. The two companies will form an entity valued at approximately $3.65 billion, with the transaction set to close in the last quarter of 2018. When combined the companies will operate environmental services and waste […]
The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are among the investors teaming up to invest in a 309-kilometre toll road in Mexico. Details of the deal include IDEAL retaining a 51 per cent ownership of the highway’s concessionaire, the Guadalajara-Tepic, S.A. de C.V. with the CPPIB and the Ontario Teachers’ taking a 29 and […]
The Ontario Teachers’ Pension Plan has named Steve Buck as its new managing director of technology infrastructure. In the role, Buck will be responsible for developing and implementing the strategy, operation and ongoing improvement of the pension fund’s technology infrastructure. With more than 25 years of experience, Buck was most recently vice-president of infrastructure operations at […]
The Ontario Teachers’ Pension Plan has made two new appointments to its executive team. Gillian Brown, who joined the pension fund in 1995, is senior managing director of capital markets. Her previous roles at Ontario Teachers’ include equity trader, portfolio manager and managing director of insurance linked, credit and equity products. Read: OTPP posts 3.2% return for first […]
The Ontario Teachers’ Pension Plan posted a net return of 3.2 per cent for the first half of 2018, adding $4.4 billion to the plan as of June 30, 2018. Speaking on a conference call on the mid-year result, Ron Mock, president and chief executive officer at the OTPP, called the first six months of […]
BMO Capital Markets, alongside the Ontario Teachers’ Pension Plan, has launched a pilot fixed income issuance transaction, mirrored on a blockchain platform. In the transaction, the Bank of Montreal acted as the issuer, while Ontario Teachers’ purchased a $250 million one-year floating rate deposit note. It marks the first Canadian dollar fixed income issuance showing the viability […]
The Ontario Teachers’ Pension Plan is providing a $200 million round of financing to Stem Inc. to finance its acquisition of artificial intelligence-driven energy storage projects in Ontario. The pension fund took part in the company’s first round of Series D financing in January 2018. Within the next 12 months, Stem plans to use the funds to expand its […]
The Ontario Teachers’ Pension Plan has appointed Ziad Hindo as its new chief investment officer. Since joining Ontario Teachers’ in 2000, Hindo has been responsible for the investments division and overall investment portfolio, most recently in the capital markets department. In the new role, he’ll report directly to the plan’s president and chief executive officer, Ron Mock, who has been filling in as […]
The kingdom of Belgium has presented Ron Mock, president and chief executive officer of the Ontario Teachers’ Pension Plan, with its second-highest order of knighthood. The honorary order of knighthood, known as Belgium’s commander of the order of the crown, was presented to Mock for his service to the Belgian state by Belgian ambassador Raoul […]