Ontario Municipal Employees Retirement System related stories
All articles and analysis
Doughty doubles its money in 2.5 years on VueThe £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.
- Friday Letter: Pay to play
A North American private equity deal was revealed yesterday that involves that rarest of creatures – a pension fund investing directly in a deal. Not surprisingly, the deal in question is taking place in Canada, home to two big pension-affiliated, direct-investment programmes.
- OMERS Ventures backs social media company
OMERS Ventures’ C$20m investment in social media company HootSuite is one of the largest Canadian venture capital transactions during the past 10 years.
- AXA Private Equity buys $850m OMERS portfolio
The transaction comes as OMERS works to reduce its private equity fund commitment business and focus on direct investments.
- Secondaries Special: Going up a gear
Many secondaries specialists are reluctant to use leverage to boost returns – but AXA Private Equity, perhaps the most active firm in the current market, has no such qualms. Sam Sutton finds out why
- OMERS funds expert joins advisor Caledon
Martin 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.
- ADIA appoints CFO
The Abu Dhabi Investment Authority has chosen Marc Keirstead as chief financial officer of its private equity department.
- AXA PE set to buy OMERS’ portfolio
OMERS has been selling an about $780m portfolio of fund interests as it works to reduce its private equity fund commitment business and focus on direct investments.
- 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.