OPTrust earns 6 pct return in 2016, grows assets to $19 bln

OPTrust, which invests on behalf of OPSEU Pension Plan, reported a net six percent return on its investments in 2016, outpacing its benchmarks. As a result, net assets overseen by OPTrust increased to $19 billion at the end of December, up from $18.4 billion at the same time in 2015. Private equity investments returned 20.6 percent in 2016, making it a top-performing asset class. OPTrust said last year's activity included commitments to 10 new private equity investments, totaling $488 million, in North America, Europe and Asia.

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