OMERS Private Equity related stories
All articles and analysis
OMERS PE returns 22.2%The Toronto-based pension fund’s private equity platform returned 22.2%, beating last year's returns but underperforming its benchmark.
- Realisation of former BOSIF portfolio begins
Cavendish Square Partners, the Coller-backed owner of the former Bank of Scotland Integrated Finance private equity portfolio, has begun divesting its assets with the £450m sale of Vue Cinemas to London-based Doughty Hanson.
- OMERS buys utilities contractor from Kohlberg & Co.
The United States Infrastructure Corporation finds and marks where underground gas, telephone, electrical or cable lines are located before construction begins.
- Private equity boosts OMERS' 2009 results
The Canadian pension reported above-benchmark returns for its investments in private equity and infrastructure last year, with 13.9% and 10.9% respectively.
- Year-End Spotlight: Canadians demand control
In-house investment professionals don't start earning money until they perform up to 'at least' comparable public markets, said Leo de Bever, CEO of AIMCo.
- TowerBrook launches $700m lender
Canadian pension plan OMERS is among co-investors in the European venture, which will be led by Tim Flynn, Goldman Sachs’ former European head of leveraged finance.
- OMERS in move to reduce external managers
The Canadian pension’s goal is to shift its private equity portfolio to 80% direct investments from the current 35%. The pension has been a direct investor in infrastructure and real estate for many years through its Borealis Infrastructure and Oxford Properties direct investment teams.
- OMERS moves to reduce external GPs
The pension’s goal is for 80% of its private equity programme to be in direct investments, according to CEO Paul Renaud. Currently 35% comprises direct deals.
- 3i vet to lead OMERS' European deals team
Mark Redman will oversee European activities for OMERS Private Equity, the mid-market direct investment arm of the Canadian pension.
- Riverside scores 5x exit with sale to OMERS
OMERS has bought US rail maintenance company Nordco for an undisclosed amount from Riverside, representing a 31% gross IRR for the mid-market firm.