OMERS Private Equity related stories
All articles and analysis
OMERS Private Equity returns 19% in 2012The Canadian pension plan’s private equity portfolio outperformed all other asset classes in 2012, driven by its shift into direct investing, says OMERS Private Equity CEO Paul Renaud.
- 3i maintains exit momentum with 2.3x pharma return
The London-listed firm has recorded its eighth exit this year with the secondary sale of Xellia Pharmaceuticals.
- 3i seals another exit with HTC sale
The London-listed firm has secured its second exit in a week, after selling its 36.5% stake in HTC Sweden to Nordic firm Polaris Private Equity for approximately £40m.
- 3i sells Civica to OMERS
The sale of the IT provider Civica for £390m to OMERS Private Equity marks the sixth exit for the London-listed firm this year and will generate a 2.1x return.
- AIMCo to open London office
The Alberta-based pension system, which aims to shift all its private equity activity to direct investments, is the latest Canadian pension to set up shop in the UK.
- OMERS to sell US Infrastructure Corporation
OMERS’ private equity arm plans to sell the North American utility locator service three years after acquiring the company for a 3.5x return.
- Doughty doubles its money in 2.5 years on Vue
The £935m sale of the cinema chain means the UK firm has now returned €2bn to LPs in the last 12 months, as it prepares to return to market with its next fund.
- Apax’s Cengage files for Chapter 11
The educational publisher, acquired by Apax and OMERS for $7.7bn in 2007, has entered bankruptcy protection to eliminate $4bn of its $5.8bn outstanding debt - just ten days after Apax closed its new buyout fund.
- Doughty seals Spanish exit ahead of fundraising push
The London-based firm, which has just sold Spanish bus operator Avanza Group, is already talking to existing LPs about Fund VI, a new buyout vehicle with a €2bn target.
- Canada: Not just the 51st state
Private equity activity in Canada has slowed down in 2013 – but the country’s GPs and LPs are still well-capitalised and actively targeting opportunities both at home and abroad.