Ontario Municipal Employees Retirement System related stories
All articles and analysis
OMERS to invest $475m in NY developmentThe Ontario Municipal Employees Retirement System’s real estate arm will reportedly be the lead equity partner with Related Companies for a $15bn development of Manhattan’s Hudson Yards, after Goldman Sachs Real Estate Principal Investment Area withdrew from the deal.
- Nobrega’s global vision
The head of one of Canada’s largest pensions is targeting large-scale assets – with a little help from selected friends.
- 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.
- Reaching for the stars
A Global Strategic Investment Alliance for ‘alpha’ infrastructure and real estate assets? One pension’s chief executive officer is working hard to make it a reality.
- In this issue …
In this issue ? 2008-06-01 Staff Writer COMPANIES Alchemy Partners 6 Abraaj Capital 36 Actis 36,64 Advent International 8, 26 AIG 38 Alpha Associates 78&l
- 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.
- OMERS chief: infrastructure is ‘almost perfect’ asset class
Michael Nobrega also said at a speech in New York that the 2-and-20 compensation model no longer works and active infrastructure investing is the wave of the future. He urged pensions to make allocations to the asset class and to make them large enough to invest in big-ticket assets.
- 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 appoints new chief investment officer
Michael Latimer was previously chief executive of the Canadian pension’s real estate arm, Oxford Properties. The appointment will allow the C$44bn fund’s CEO, Michael Nobrega, to focus on creating a multi-billion dollar 'alliance' to target large scale infrastructure and real estate assets.