OMERS Private Equity related stories
All articles and analysis
OMERS funds expert joins advisor CaledonMartin Day, who ran fund commitments and co-investments for OMERS PE, will work with the team at Toronto-based Caledon Capital to build customised accounts for small and mid-sized LPs.
- Secondary market slows down in final months
The secondary market had supported deal volume of about $13bn in the first half of the year, but slowed over the summer and hasn’t picked up much velocity in the second half.
- OMERS shops $750m portfolio
The C$55bn Canadian pension system is trying to sell a portfolio of funds from managers including KKR, Apax, Hellman & Friedman and TPG.
- OMERS grows venture team
OMERS Ventures, which launched in October, has hired Howard Gwin to help target early stage and growth investments in the North American media, technology and telecom companies.
- Direct-focused OMERS opens in New York
The C$53bn pension system has been expanding its reach beyond Canada as it works to become a direct private equity investor, moving away from making external fund commitments.
- OMERS bets on US dental services
OMERS Private Equity has purchased Michigan-based Great Expressions Dental Centers, a ‘recession resistant’ business, according to the Toronto-based pension.
- Canadian buyouts reach highest level since 2008
Private equity deal flow surged 40% in Q2 2011 compared to the same period last year, while fundraising in the first half of the year more than quadrupled compared to the first half of 2010.
- Flotilla of deals suggests fair wind for shipping
Private equity interest in the shipping and port logistics sector is on the rise, with more than $2bn of recent deals suggesting firms are increasingly drawn to infrastructure-related assets.
- OMERS seals first European takeover
In line with its pledge to do more direct private equity deals, the Canadian pension fund will buy ship servicing company V.group in a deal worth $520m.
- OMERS PE portfolio soars amid strategy shift
OMERS Private Equity’s portfolio recorded a 22.2% return in 2010, as the Canadian LP continues moving away from fund commitments in favour of direct investments.