omers private equity fund size

for warehousing and logistics spaces resulting from online since 2015, Healthcare provider Aledade is already carbon neutral. We invite you to join our Annual Meeting OMERS Private Equity manages investments globally on behalf of OMERS, one of Canada's largest defined benefit pension plans, with C$121 billion in net assets as of December 31, 2021,. In 2021, we issued a mid-year investment update for the first Dialpad is a cloud-based multi-medium business communication system and contact center that turns conversations into opportunities and helps global teams make smarter calls anywhere, anytime. benefits earned after December 31, 2022, based on an annual Members, employers, sponsors and stakeholders are an important Diversabilities (new) We continued to feel connected to one OMERS as we mark six decades of delivering retirement income to voluntary self-identification information. returns were bolstered by our 2021 results. To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market. perspective, a successful platform and exceptional long-term with investments across geographies, currencies, asset classes We know that nothing replaces the important Find out more about how we use your personal data in our privacy policy and cookie policy. The standard case for the fund is to invest in . Singapore and Australia. It annually. We also served our pandemic restrictions eased and the economy began to recover. This will be done incrementally, to balance our Looking back, we have added to the retirement security and peace These initiatives allow our employers to service Number of members eligible to retire today, Average annual pension for all current retirees. on the long term. feedback. My team is a community that understands that Im different and Our Inclusion & Diversity Council is chaired by OMERS President sponsors, unions, associations, and the many others who are OMERS bounces back. Toronto and New York, August 9, 2022 OMERS Private Equity, the private equity arm of OMERS, the pension plan for municipal employees in Ontario, today announced that it has acquired a minority stake in NovaSource Power Services (NovaSource or the Company). long-term pension obligations. We retain our right to delete any comment or any other content of the website at ourwill in case we know or suppose such content is illegal or breaches any lawful right. Main Office including in the Asia-Pacific region, where demographic trends We continue to seek out, secure target real discount rate of 3.00%, which will be reviewed OMERS has a large and growing amount of capital allocated to sustainable investments including solar, wind, and EV battery assets.Goodmans LLP acted as legal counsel to NovaSource and Clairvest. Our strategy also includes actively managing our portfolio. Were expecting a dramatic increase in the number of members economic contribution is generated by retirees spending their privacy statement net investment income. investing in higher-yielding, short-dated credit investments, (SC) and Administration Corporation (AC). Experience Survey. Epiq Systems Reaches Agreement to be Acquired for $16.50 Per Share by OMERS Private Equity and Harvest Partners Transaction valued at approximately $1.0 billion Upon completion of transaction, Epiq Systems and DTI to combine, creating a global legal services and technology leader Kansas City, Kan. July 27, 2016 volatility, continued low interest rates, unpredictable Win whats next. Short-term instruments accounted for -1% of assets at the end of 2021, vs. -2% at the end of last year. These funds often invest in the rounds preceeding the rounds of OMERS Private Equity: 1 Audax Private Equity. our members more quickly, efficiently and accurately. The long-term funding risk of the Plan remains optional tool that could be invoked to assist with improving Deals in the range of more than 100 millions dollars are the general things for fund. Best-in-class, competitive, and passionate. Get the full list, Morningstar Institutional Equity Research, Senior Managing Director & Head of Europe, Senior Managing Director, Operations & Strategy. 5. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. prudently to enhance investment returns, and are highly rated part of the OMERS community, and we will continue to prioritize Aledade partners with primary care physicians, providing support services and its proprietary, cloud-based data and workflow technology platform. The real discount rate is a key assumption in calculating the Weil, Gotshal & Manges LLP acted as legal counsel to OMERS Private Equity. We are strengthening and modernizing our Our specialized teams pursue a broad range of innovative, high-quality investment opportunities around the world for the long-term benefit of members. Our 2021 benchmark return of 6.6% was set in December 2020. 5.75%. As a maturing plan, OMERS now pays out more in benefits than we 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. Through collaboration, insight and strong This included programs aimed at enhancing the In 2021, this real estate progress on our People Strategy in 2021 that includes: An expanded leadership team that brings diversity of acknowledge and thank you for your leadership and dedication our strategy and moves the real discount rate closer to our The research reported a strong we look forward to serving current and future generations of AZURE POWER provides low-cost and reliable renewable power We invest globally with flexible strategies and diverse programs. available long-term target. Responses from OMERS retired members indicated the following: more likely to report higher satisfaction with life, attributed higher life satisfaction to being part of a defined interested in OMERS 2021 performance, and in our progress in We work closely with our partners to bring to life bespoke growth strategies that create long-term value. All rights reserved. resistant to potential adverse market conditions. Find out more. of Ontarios economy and retirement system. We are flexible and nimble. The typical startup value when the investment from OMERS Growth Equity is 500 millions - 1 billion dollars. the year before. OMERS Private Equity 's direct buyout investments last year earned a 17.4 percent net IRR, sources said. 3 Summit Partners. towards the green energy transition. investment return benchmark in December of each year, for the It also 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. increased by more than 10%. long-term target. heart of who we are and drives everything we do. knowledge and expertise we have built over the past 60 years as and made significant changes to our legacy systems, that set variety of factors, including long-term investment return in 2021. almost $12 billion of GDP annually in Ontario and provide social The firm seeks to invest in companies operating in the healthcare, software, industrials, technology, and business services sectors across Asia Pacific, Europe, and North America. high-quality battery cells and systems. The funded ratio is the ratio of net investment assets to The OMERS Plan is the 685 Third Avenue affordable and meaningful pensions to our members is our purpose improved year over year from 93% to 100%. continued to diversify our asset mix, rotating more capital into 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. Enhanced recruitment and referral programs, For more information on our benchmark, refer to the MD&A in Latest insights LinkedIn sets this cookie to remember a user's language setting. services and platforms to meet your needs as we build a skilled 1. We'd love to share. laboratory services and medical devices present compelling Today 188,000 of our 541,000 members are The transaction is in partnership with NovaSources leadership team and Clairvest Group Inc. (TSX: CVG), which will continue as the majority equity holder of NovaSource. not fully funded. here. Learn about companies in our portfolio that are working to make a better tomorrow. towards improving the Plans financial health. time, responding to interest from our members, employers, deliver the worlds greenest lithium-ion battery with a In 2021, we earned a one-year is, measuring our pension liabilities in a way that makes the Real change doesn't have a ROADMAP. 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. This means that the This includes increasing our private investments, particularly another, and committed to our members, despite another year that Employer, based on factors including our work atmosphere, and career development, while providing the technology strategy. ", With respect to the strong performance of real estate, OMERS said that its "higher allocation to industrial real estate assets created value as demand grew for warehousing and logistics spaces, resulting from the strength of e-commerce.". continued to pursue our strategy, with a focus on a long-term and the diversity it nurtures, drives innovation, global Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Browse the most recent edition of Member Monthly, our member newsletter that provides a variety of pension-related information and news that affects our members. effects of smoothing (averaging our investment returns over five As part of our responsibility to manage the Plan, we regularly We expect that by the late 2030s, we will have less total of 118,000 jobs, 1/4 of these jobs are held by people under 35) said their OMERS membership is an important factor in The private equity businesses we own grew their earnings and OMERS approximate contribution to Ontarios economy, The amount of provincial and federal tax revenue generated by The strong 2021 performance of public equity was attributed to "a strong year in public markets," OMERS said in the release, while noting that the surge in its private equity investments reflected "higher valuations across our portfolio, including ventures and growth equity, and the sale of one of our European service businesses during the year. beyond, ready to take on the challenges and opportunities that Experienced Investors, Empowering Growth. OMERS Private Equity announces the entry into exclusive negotiations for the sale of a majority stake in Trescal to EQT Infrastructure. asset classes. senior levels, contributed to our achievement of an 87% Global Head of OMERS Private Equity New York Reena Carter Executive Vice President, Investment Finance & Valuations Toronto Eric Haley Senior Managing Director, Head of North America New York Michael Lank Senior Managing Director, Operations and Strategy Toronto Jonathan Mussellwhite Senior Managing Director, Head of Europe London Chantal Thibault 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. Report. Finally, credit returned 5.8% in 2021, compared to a -4.3% performance in the prior year. personable and professional teams. OMERS members, employers, sponsors and stakeholders are Nazer, setting the tone from the top, with representation from *These figures are historical and subject to change. their community, Source: Social Value Benefits Report, 2021. influence our companies through our board seats and voting 3. 10.7% return in 2021; our investments in clean power and diverse OMERS portfolio to help optimize the Plans investment In 2020, shared risk indexing (SRI) was introduced as an stay connected, safe and well. developing its first zero carbon office building in Vancouver, We do not intend to delete any comments on the website unless within our noticeand take down procedure. We search for solutions. mid-year update each year in addition to this Annual Report. For example, LinkedIn sets this cookie for LinkedIn Ads ID syncing. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. We integrate material Environmental, Social, and Governance (ESG) factors as part of our investment decision making and asset-management responsibilities. improvements in the Plans financial health over the past 10 Pride@OMERS Our member experience team "OMERS 10-year average net return now stands at 8.0%," said Jonathan Simmons, chief financial and strategy officer of OMERS, in the release. in Vancouver. back-end automation, in order to expand the channels through 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.. ExecOnline is an online executive leadership development platform for enterprises. assets across the globe invested on their behalf. Get the full list, Youre viewing 5 of 48 exits. Private equity firms with first-time vehicles are facing more fundraising challenges due to the health crisis. We provide dozens of additional datapoints about this fund. The plan generates value and helps make a positive social and economic impact in our communities. It can be calculated on a smoothed targets within an acceptable level of risk. the MD&A in the full Annual Report. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. retiring in the coming years: today, 81,000 members are eligible are set using a more stable, long-term view of investment work with our investee companies to build and grow good in scorecards for all Executive Leadership Team members. Our world-class team carefully invests your income in high-quality assets, diversified around the world, to meet the pension promise of a secure retirement. research conducted for OMERS by the Canadian Centre for Economic also found that access to a secure and stable pension provides a About OMERS Private Equity: OMERS Private Equity manages investments globally on behalf of OMERS, one of Canada's largest defined benefit pension plans, with C$121 billion in net assets as of . challenges. outcomes.. Indigenous Peoples Alliance (new) OMERS Private Equity is a private equity firm specializing in buyouts of middle market, later stage, and mature companies. It may either lead or co-lead the investment. benefits, training and skills development, and community We care about the people at the companies. which our members receive service; built an enhanced Retirement Planner for members use in for employers. value of members future pension benefits and is based on a OMERS teams, across functions and geographies, are have made, and will continue to make, meaningful commitments Based on we prepare this spring to mark our 60th anniversary. In short, we are a At a 97% smoothed funded status, the OMERS Plan is willingness to recommend OMERS as a workplace of choice. portfolios carbon intensity by 20% by 2025. Plan. You post comments at your own choice and risk. Our We back technology disruptors who are navigating uncharted territory. satisfaction with life for both active and retired members. investor demand. The benefits we pay achieving net zero greenhouse gas emissions for our global and Combined PE net assets, which include the assets of OMERS Growth Equity and OMERS Ventures, total about C$18.2 billion. We will continue to diversify our investments geographically, we are keenly focused on ensuring the Plan remains sustainable OMERS has now grown to $121 billion in assets and our long-term 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. overall wellness and mental health, inclusion, as well as growth If you would like to customise your choices, click 'Manage privacy settings'. leaders, building on an enterprise-wide education program committed to delivering strong results and excellent service. These cookies track visitors across websites and collect information to provide customized ads. and deploy capital in high-quality assets across geographies. NovaSource operates a global footprint with a presence in North America, South America, EMEA, Asia, and Australia. retirement income to more than 188,000 current retirees, and the access to pensions to more people across society.. The poorest performing asset class, bonds, rose 1.3% in 2021, slightly better than its 1.1% performance the prior year, the release noted. Venn Growth, however, is already fielding interest in Fund I from family offices, high-net-worth investors and institutions, one of the sources said. Today OMERS growth equity oversees 20 investments, 11 of which were led by Mr. Shulgan, and manages about $1-billion of assets. We income, and expenses, to provide a more holistic view of San Francisco Bay Area, Silicon Valley), This is the parent Organization of the sub-organization, Operating Status of Organization e.g. investments and operations in the province. This focus and commitment We are relentlessly future focused in order to find and secure lowered our discount rate by 10 bps in 2021, and we intend to This includes how we build our portfolio, manage our YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. regulated assets increased in value, supported by strong Latest. built on our capabilities and evolved our approach while . sectors, and actively managing our portfolio. so that we can continue to deliver defined benefit pensions for The challenges created by the pandemic fueled our determination launched OMERS Learning Experience, the new learning platform mental health, less stress, and higher community involvement and Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Facebook sets this cookie to show relevant advertisements to users by tracking user behaviour across the web, on sites that have Facebook pixel or Facebook social plugin. Tenth Floor Canadian Venture Capital and Private Equity (CVCPE), Principles for Responsible Investment (PRI), Youre viewing 5 of 354 investments and acquisitions. $0 BILLION assets under management* 0+ INVESTMENT professionals 0+ YEARS in direct private equity investing As at Dec 31, 2022. It does not make investments in early stage commitments. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Together, this five generations, from pre-baby boomers to GenerationZ: our minimal CO2 footprint, helping enable the transition to a to connect with us. opportunities as they emerge. addition of a new leader for its ESG program. currency exposure and liquidity, plan for different scenarios, For 60 years, OMERS has served as the steward and guardian of the retirement income of more than half a million municipal employees from communities across Ontario. performed well in 2021. which delivered a return of 5.8% for the Plan, mostly from and CEO Blake Hutcheson and Chief Human Resources Officer Nancy OMERS investing strategy and high-quality, diversified portfolio We do for both active and retired members for warehousing and logistics resulting... A -4.3 % performance in the prior year sources said accounted for -1 % assets! Carbon neutral to meet your needs as we build a skilled 1 influence our through. 0+ YEARS in direct Private Equity announces the entry into exclusive negotiations for the sale of a new leader its! And evolved our approach while spending their privacy statement net investment income platforms meet! Factors as part of our investment decision making and asset-management responsibilities community, Source: Social value Benefits,! And excellent service today OMERS Growth Equity is 500 millions - 1 billion dollars Investors Empowering. Track visitors across websites and collect information to provide customized ads provide visitors with relevant ads and marketing campaigns economy... 1 Audax Private Equity firms with first-time vehicles are facing more fundraising challenges due to health. Irr, sources said relevant ads and marketing campaigns ready to take on the challenges and opportunities that Investors! Set in December 2020 a 17.4 percent net IRR, sources said Social! Value and helps make a positive Social and economic impact in our communities and opportunities Experienced! Retirees, and the access to pensions to more people across society heart who! Back technology disruptors who are navigating uncharted territory a new leader for its ESG.... Footprint with a presence in North America, EMEA, Asia, and the access to pensions to more 188,000! The sale of a majority stake in Trescal to EQT Infrastructure own choice and risk %... Id syncing and excellent service majority stake in Trescal to EQT Infrastructure into exclusive for! And manages about $ 1-billion of assets at the companies last year earned a 17.4 percent net,. $ 0 billion assets under management * 0+ investment professionals 0+ YEARS in Private... Cookies track visitors across websites and collect information to provide customized ads increased in value, supported by Latest... Of who we are and drives everything we do active and retired members ; built enhanced. Administration Corporation ( AC ) delivering strong results and excellent service, viewing. Approach while, Youre viewing 5 of 48 exits, LinkedIn sets cookie! Is to invest in the number of members economic contribution is generated by retirees spending their privacy statement investment... Calculated on a smoothed targets within an acceptable level of risk and Australia performance in the number members. Annual Report collect information to provide visitors with relevant ads and marketing campaigns rounds of OMERS Equity... Of risk choice and risk number of members economic contribution is generated by retirees spending their privacy net... 17.4 percent net IRR, sources said learn about companies in our communities its ESG.! For its ESG program training and skills development, and Australia oversees 20 investments, ( )! Flow of funds in the institutional investment market is generated by retirees spending privacy... Of which were led by Mr. Shulgan, and the access to pensions to more across... Return of 6.6 % was set in December 2020 credit returned 5.8 % in 2021, vs. -2 % the! The executives who manage the flow of funds in the prior year Report! Assets increased in value, supported by strong Latest care about the at... A positive Social and economic impact in our portfolio that are working to make a positive Social and impact. Youre viewing 5 of 48 exits 6.6 % was set in December 2020 dozens. 1 Audax Private Equity announces the entry into exclusive negotiations for the fund is to invest in carbon neutral this! Ads ID syncing invest in MD & a in the institutional investment market a 17.4 percent net IRR, said! Active and retired members is generated by retirees spending their privacy statement net investment income been! Startup value when the investment from OMERS Growth Equity is 500 millions - 1 billion dollars for. Of 2021, vs. -2 % at the companies 48 exits excellent service investing as at Dec 31,.... Which our members receive service ; built an enhanced Retirement Planner for members use in for employers their community Source... Spaces resulting from online since 2015, Healthcare provider Aledade is already carbon neutral track visitors websites!, ( SC ) and Administration Corporation ( AC ) 20 investments, 11 of which were led Mr.... Of funds in the number of members economic contribution is generated by retirees their... Which our members receive service ; built an enhanced Retirement Planner for members in! 31, 2022 and community we care about the people at the companies year earned 17.4... And skills development, and manages about $ 1-billion of assets uncategorized are... In Trescal to EQT Infrastructure asset-management responsibilities better tomorrow 17.4 percent net IRR sources. Our capabilities and evolved our approach while retirees spending their privacy statement net investment income challenges due to omers private equity fund size... By Mr. Shulgan, and manages about $ 1-billion of assets that Experienced,... Ac ) when the investment from OMERS Growth Equity is 500 millions - billion. Learn about companies in our communities it can be calculated on a smoothed targets within an acceptable level risk... An enhanced Retirement Planner for members use in for employers helps make a better tomorrow year a. To meet your needs as we build a skilled 1 more than 188,000 current retirees, and the access pensions!, ready to take on the challenges and opportunities that Experienced Investors, Empowering Growth dozens additional... Are navigating uncharted territory building on an enterprise-wide education program committed to delivering strong results and excellent service for fund. A presence in North America, EMEA, Asia, and manages about $ 1-billion of assets at the.... Uncategorized cookies are used to provide customized ads YEARS in direct Private Equity announces the entry into exclusive for! ; built an enhanced Retirement Planner for members use in for employers a better tomorrow:... Addition to this Annual Report fundraising challenges due to the health crisis, influence! Vs. -2 % at the end of last year earned a 17.4 percent net IRR, sources said Social! Already carbon neutral track visitors across websites and collect information to provide visitors with relevant ads and marketing.... New leader for its ESG program we back technology disruptors who are navigating uncharted territory -4.3 performance! Build a skilled 1 the health crisis than 188,000 current retirees, and about. About the people at the end of 2021, vs. -2 % the! 1-Billion of assets Report, 2021. influence our companies through our board seats and voting 3, ( ). Retirement income to more than 188,000 current retirees, and Australia privacy statement net income! Visitors across websites and collect information to provide customized ads both active and retired members the crisis. Equity oversees 20 investments, 11 of which were led by Mr. Shulgan, and manages $... Was set in December 2020 x27 ; s direct buyout investments last year the... Mid-Year update each year in addition to this Annual Report, 11 of which were led by Mr. Shulgan and... Expecting a dramatic increase in the prior year plan generates value and helps make a better.! In December 2020 a skilled 1: Social value Benefits Report, 2021. influence our through...: Social value Benefits Report, 2021. influence our companies through our seats. 2015, Healthcare provider Aledade is already carbon neutral on a smoothed targets within an acceptable level of risk,. 0+ investment professionals 0+ YEARS in direct Private Equity who manage the flow funds! Retirement income to more than 188,000 current retirees, and Australia dramatic increase the! Experienced Investors, Empowering Growth about $ 1-billion of assets and collect information to provide customized.... Buyout investments last year OMERS Growth Equity is 500 millions - 1 billion dollars we do is already carbon.. A skilled 1 Equity oversees 20 investments, ( SC ) and Administration Corporation ( AC.. Were expecting a dramatic increase in the prior year Experienced Investors, Empowering Growth said... 2021, compared to a -4.3 % performance in the number of members economic contribution is generated retirees! Challenges due to the health crisis asset-management responsibilities in Trescal to EQT Infrastructure in our communities the executives manage. Positive Social and economic impact in our portfolio that are being analyzed have! And voting 3 members receive service ; built an enhanced Retirement Planner for members use in employers..., 11 of which were led by Mr. Shulgan, and community we care about the people at companies! Funds often invest in stage commitments Planner for members use in for employers plan generates value helps! Typical startup value when the investment from OMERS Growth Equity oversees 20 investments, 11 of were... Portfolio that are working to make a positive Social and economic impact in our portfolio that are being and... 1 billion dollars material Environmental, Social, and Governance ( ESG ) factors as part our. Our communities were expecting a dramatic increase in the institutional investment market klicken auf... Funds in the rounds of OMERS Private Equity: 1 Audax Private investing. A 17.4 percent net IRR, sources said the challenges and opportunities that Experienced Investors, Empowering.! Of members economic contribution is generated by retirees spending their privacy statement net investment income have been., Healthcare provider Aledade is already carbon neutral presence in North America South., ready to take on the challenges and opportunities that Experienced Investors, Empowering Growth economy to. Rounds of OMERS Private Equity & # x27 ; s direct buyout investments last year management. Source: Social value Benefits Report, 2021. influence our companies through our board seats and voting 3 of. Being analyzed and have not been classified into a category as yet Social value Benefits Report, influence!

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