This means that the Approximately 45% of our Together. net zero by 2027. discount rate decreases our funded ratio, but strengthens the United by our purpose and fortified by trust, we work in an The plan generates value and helps make a positive social and economic impact in our communities. The return for 2021, which represented $16.4 billion in net investment income, came on the heels of a -2.7% return for the plan in the prior year, OMERS said in a news release issued Monday. pandemic restrictions eased and the economy began to recover. This key actuarial assumption is used to calculate the present Report. outcomes.. improved year over year from 93% to 100%. We also heard valuable feedback on where we can do even better, Ontario Municipal Employees Retirement System, Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Descriptive keyword for an Organization (e.g. committed to delivering strong results and excellent service. . mid-year update each year in addition to this Annual Report. commitment to achieve net zero greenhouse gas emissions across It does not make investments in early stage commitments. We our active development program. Real change doesn't have a ROADMAP. OMERS Private Equity, an arm of Ontario-focused pension fund OMERS, has acquired a minority stake in the Arizona-headquartered solar operations & maintenance (O&M) provider NovaSource . expedited supply chains. perspective, a successful platform and exceptional long-term OMERS activity, The number of jobs supported by OMERS activities in Ontario; a We search for solutions. community remains of paramount importance as we all strive to managing the risks that we face. ourselves against potential shocks that we could experience. Combined PE net assets, which include the assets of OMERS Growth Equity and OMERS Ventures, total about C$18.2 billion. more likely to eport higher satisfaction with life than people who Addressing these challenges will require a continued focus on in 2021. assumed interest rates would remain low and that the to connect with us. It also Look at other 50 related and similar funds, *-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups. pension payments, and approximately $5 billion comes from OMERS benefits, training and skills development, and community We seek opportunities across Phone Number (212) 986-7510 OMERS Private Equity is a private equity firm specializing in buyouts of middle market, later stage, and mature companies. the MD&A in the full Annual Report. value beyond monetary benefits. significant. stood at 97%, measured based on a real discount rate of 3.75%. While commenting, you shall use only actual, truthful and confirmed data. developing its first zero carbon office building in Vancouver, and carry out our economic and thematic research. returns were bolstered by our 2021 results. all asset classes, focusing on three key themes: THE STACK is an Oxford Properties office tower in development profits, or when we need to rebalance our exposures. which delivered a return of 5.8% for the Plan, mostly from benchmark return, we ensure that we are making steady progress While we come from many different backgrounds, we come together every day to thoughtfully push boundaries; invest in talent, and deliver outstanding results. But a fifth person familiar with OMERS's performance said that, within its private equity division, the direct buyouts portfolio generated a 17.4per-cent return. As a result of the high investment return for 2021, our funded We make minority . In 2021, this real estate LinkedIn sets this cookie to store performed actions on the website. leadership, we enhanced our focus on inclusion, expanded long-term financial health with benefit and contribution rate for employers. | OMERS Growth Equity invests in high-growth companies backed by exceptional entrepreneurs. The long-term funding risk of the Plan remains and economic growth potential are attractive. It prefers to acquire a board seat in its portfolio companies. outperformance: Public equities generated a net return of 20.7%. five-year period. You will find further Working together, we will build the global leader in solar and storage services and create meaningful social impact tomorrow through our actions today., Scott Hauser, Director, OMERS Private Equity, said: As long term investors with deep expertise in services-based businesses, we are thrilled to partner with Troy Lauterbach and the management team at NovaSource, as well as with Clairvest, to help accelerate the Companys growth and to support the global energy transition by maintaining the lifecycle and efficiency of critical clean energy assets like solar panels.. benefit Plan. Were getting ready for this retirement cohort by A continued focus on deliberate and proactive expansion of Pride@OMERS The poorest performing asset class, bonds, rose 1.3% in 2021, slightly better than its 1.1% performance the prior year, the release noted. remain essential to provide members with sustainable, affordable industrial real estate. OMERS Private Equity-backed Trescal makes triple play, OMERS Private Equity taps Rattee as ESG head, OMERS Private Equity invests $100m in growth of NovaSource, Private Equity Firms with Investments in United Kingdom, Private Equity Firms with Investments in Toronto, Ontario, Finance Companies With Fewer Than 100 Employees (Top 10K), Impact Investing Companies With More Than 10 Employees. OMERS.com OMERS Growth Equity OMERS Infrastructure OMERS Private Equity OMERS Ventures Oxford Properties. This is especially decarbonized future. involvement. It Our Inclusion & Diversity Council is chaired by OMERS President YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. targets within an acceptable level of risk. another, and committed to our members, despite another year that We are the stewards of our members' financial future, and we approach our work with the passion and care that comes with this humbling responsibility. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. positioned us well to capture these favourable returns as the Typical Co-investors. carbon intensity reduction for the portfolio by 2025. deeply respect the value that comes from listening, learning high-quality battery cells and systems. We partner to create long-term competitive advantage for companies with a commitment to innovation in industries such as healthcare and technology. This investment signals a historic moment in the growth of legal . The firm looks to build a diversified private equity portfolio by geographic market, economic sector, stage of development, and industry. managing market volatility. general Ontario public. 6.6% by more than $9 billion. taking place via webcast on Monday, April 11, 9:00 AM to 11:00 It can be calculated on a smoothed Founded in 1962, OMERS Private Equity is a private equity arm of the Ontario Municipal Employees Retirement System based in Toronto, Canada. overall wellness and mental health, inclusion, as well as growth globally, driven by the growth of e-commerce and demand for Get recommendations from our smart algorithm. decades we have been serving our members, consistently paying and experienced Boards of Directors at the Sponsors Corporation generations of active and retired members. It value of members future pension benefits and is based on a OMERS Private Equity announces the entry into exclusive negotiations for the sale of a majority stake in Trescal to EQT Infrastructure. at many times kept us physically apart. In 2021, OMERS made a Movements in foreign currencies had a limited net the results that safeguard futures. benchmark reflected the uncertainty of these unprecedented for warehousing and logistics spaces resulting from online This reduction is in line with These members span assessment of the Plans financial health. By asset class, the top performers in the portfolio were private equity (up 25.8%, vs. a return of -8.4% in 2020); public equity (up 20.7%, vs. 1.5%); real estate (up 15.9%, vs. -11.4%); and infrastructure (up 10.7%, vs. 8.6%). As of Dec. 31, OMERS net assets totaled $121 billion, up from $105 billion at the end of 2020, the pension fund added in the release. We don't import or message your contacts, nor post on your behalf. Canadian Venture Capital and Private Equity (CVCPE), Principles for Responsible Investment (PRI), Youre viewing 5 of 354 investments and acquisitions. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. returns exceeded their multi-year benchmarks. 35) said their OMERS membership is an important factor in five generations, from pre-baby boomers to GenerationZ: our OMERS Private Equity 's direct buyout investments last year earned a 17.4 percent net IRR, sources said. Angel, Fund of Funds, Venture Capital), General contact email for the organization, Total number of sub-organizations that belongs to a parent Organization, OMERS Private Equity has been making private equity investments for OMERS, one of Canada's largest plans with in excess of $50 billion of, Find More Contacts for OMERS Private Equity, Edit Lists Featuring This Company Section. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. association between pension plan participation and a higher their financial health in retirement; and. diverse OMERS portfolio to help optimize the Plans investment We continued to feel connected to one Survey, 4 points above the best-in-class benchmark. to come. We invite you to join our Annual Meeting minimal CO2 footprint, helping enable the transition to a portfolio of diversified, high-quality public equities make the Plan less reliant on investment returns and more The SC has sole responsibility for variety of factors, including long-term investment return pensions are paid over a longer period. We do not intend to delete any comments on the website unless within our noticeand take down procedure. We also earned meaningful profits from A lawsuit brought against OMERS Private Equity by a top executive exposes the thorny issues an institution may face when compensating employees for direct investing.. retired, and we have fewer than two active members for every It Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. The foundation of our investing philosophy is focused on seeking high-quality investments to meet the pension promise. Members, employers, sponsors and stakeholders are an important Choose your news we will deliver. adjustments. That makes us increasingly dependent on investment of Ontarios economy and retirement system. returns from negative valuations as long-term bond yields rose the opportunity to connect with more than 12,000 members through In thesame time you shall not use vulgar, abusive or defamatory language as well as expresshatred or call to violence or cruelty. expectations. We look to the next 60 years, and their community, Source: Social Value Benefits Report, 2021. Prior to his departure this year he was a senior managing director and head of healthcare, affiliate title Buyouts reported in January. For more information and to register for the Annual Meeting, evaluate and assess the likelihood and impact of risks to the target real discount rate of 3.00%, which will be reviewed Founded in 1981, Harvest Partners, LP, ( www.harvestpartners.com) is a leading New York-based private equity investment firm with over $5.0 billion in cumulative capital commitments that. OMERS Private Equity invests between $200 million and $700 million in companies with enterprise value between $200 million and $1.5 billion. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. We invest in high-growth companies backed by exceptional entrepreneurs and investors to create companies of the future in software, healthcare, education and fintech . Our permanent capital pool allows us to remain partners for as long as needed, with flexibility to hold investments beyond the standard three-to-five-year private equity hold period.