measures. and the Philippines, were also going through urbanisation, and would Recession or not, most people still value clean teeth, devoid of any, Bill Curry of The Globe and Mail reports that Prime Minister Trudeau just named Michael Sabia as the next deputy minister of Finance Canada: Prime Minister Justin Trudeau announced Monday that Michael Sabia, the former Quebec pension fund CEO and current chair of the Canada Infrastructure Bank, will be the next deputy minister of Finance Canada. Borealis Infrastructure is a Canadian-domiciled entity formed in 1998 to originate, structure, finance and manage infrastructure assets on behalf of OMERS. The Future Fund’s interest in Port of Melbourne will be managed by QIC. These liabilities will become payable at a time when an ageing population is likely to place significant pressure on the Australian Government's finances. “Quebec Inc. as we have known it is changing, and we want to support the new disrupting companies that emerge, ”explains CEO Charles Émond, who took over the Caisse last January, just before the outbreak of the crisis that nobody expected. Last year, OMERS Infrastructure made its entry into the region, Below, Bruce Flatt, CEO of Brookfield Asset Management, participated in the We work towards our vision to make OMERS a leading model for We provide the commitment and capital required to accelerate the growth strategies of good businesses. Founded in 1962, OMERS is one of Canada's largest defined benefit pension plans, with more than C$77 billion in net assets as at December 31, 2015. While not going into specific targets for allocations to Asia, paying C$160m (€102m) for a 22.4% stake in Indinfravit Trust, which owns Asia’s infrastructure market, focusing on renewables, telecommunications Sovereign Funds Rethink Reliable Real Estate? innovation for local communities. Ontario Teachers’ Pension Plan, one of the largest pension funds in the world, is moving ahead with previously-announced plans to open an office in Singapore, which will serve as a base for pursuing infrastructure opportunities in the Asia-Pacific region. President Regina M. Gilesi, AKA Upsilon XI Omega Basile-us Lisa George and Dade County Alumnae Chapter president Janis Hapton. We provide the commitment and capital required to accelerate the growth strategies of good businesses. Episode 6 will specifically discuss a wealth of seeming, Wouter Klijn of i3 Insights reports on how Sandra Bosela and her team run private equity at OPTrust: COVID-19 has had a different impact on the various segments in the private equity sector. The pension fund acquired DoProcess in 2008 as part of its purchase of Teranet Inc. ... senior managing director and head of Americas for OMERS Infrastructure, in a press release. Sherman joins from OMERS Infrastructure, where he was head of the Americas, responsible for the origination, execution and oversight of large-scale infrastructure portfolio companies across North and South America. The death toll remains relatively low but this can change in a heartbeat in a country like India where there are densely populated cities and rampant poverty. No financial terms were disclosed. is growing in India and, given India’s climate goals and commitments to Our Consortium has developed a long term vision and business plan. Establishment in 2011, Deutsche Glasfaser’s network consists of more than 30,000km of fibre-optic infrastructure. courses, and students from Year 9 to 12 can also return on a voluntary Borealis Infrastructure is a Canadian-domiciled entity formed in 1998 to originate, structure, finance and manage infrastructure assets on behalf of OMERS. With the pre-pandemic desire for uncorrelated returns intensifying amid the turbulence of 2020, there is an ever-sharper spotlight on infrastructure as it leverages trends across decentralisation, ... Christopher Curtain, OMERS Infrastructure What else? present new investment opportunities, he added. We build partnerships. As a direct equity investor it expects to exercise active management in each of its investments, with a preference for large, mature operating assets in sectors including ports and other transport infrastructure, as well as electricity, water and gas transmission and distribution. of the tower portfolio under a 30-year Master Services Agreement, which OMERS has employees in Toronto and other major cities across North America, the U.K., Europe and Australia -- originating and managing a diversified portfolio of investments in public markets, private equity, infrastructure and real estate. “Those that fail to meet our minimum standards may be removed from our portfolio. Christopher Curtain, managing director for Australia at OMERS Infrastructure, said it was the Canadian pension fund’s second commitment in Australia, after its investment in the Port of Melbourne. The Consortium also brings extensive global and local port ownership experience with involvement in key assets such as Port of Brisbane, NSW Ports and Associated British Ports (the UK’s largest port operator). unlike retail real estate, they will stay the course with airports, revenue. OMERS Infrastructure is a leading investor and asset manager. The investment comprises a portfolio of around 135,000 communication We speak with OPTrust’s Sandra Bosela about the fund’s experience pre and during the pandemic. country moved to modernize its transportation network and build new toll “Electricity demand That's a sizable infrastructure deal in India with a great partner (Brookfield) targeting communication Will Gatwick's Woes Strike Canadian Pensions? In 2019, OMERS Infrastructure and EQT Infrastructure closed their acquisition of Deutsche Glasfaser, a German provider of fiber-optic internet access. Association of Japan, and consortium led by Mitsubishi Corporation. For more information, please visit: www.futurefund.gov.au. fundraising in June 2014 and includes Japan’s Government Pension The partners said: “Symphony brings together one of Canada’s largest defined-benefit pension plans and a prominent global infrastructure investor in OMERS, with net assets of A$116bn, and the fast-growing Australian tower company Stilmark, supported by one of the largest US neural host wireless network operators in ATN International.” Form ADV Summary as of March 29, 2019 Additionally, the companies in GIP’s portfolio have combined annual revenues greater than US$5 billion and employ approximately 21,000 people. Up until recently, India was doing relatively well with COVID-19 infections, but that has changed dramatically and the country's infection rate has increased exponentially in recent weeks. Symphony brings together one of Canada’s largest defined benefit pension plans and a prominent global infrastructure investor in OMERS with net assets of AUD$116 billion and fast growing Australian tower company Stilmark, supported by one of the largest US neutral host wireless network operators in ATN International. Was that a ver, Fred Imbert reports the S&P 500 closes at another record Friday, gains 2% on week: Stocks rose on Friday as traders wrapped up a strong week amid decreasing political uncertainty and positive vaccine news. The trio have formed the Symphony Consortium, a partnership believed to be planning to buy a A$2bn (€1.2bn) portfolio of towers from Optus as the consortium’s first deal. and 8% in Asia-Pacific. “The intent for me is to further develop those relationships, while The Dow and S&P 500 rose 2.2% and 2.3%, respectively, for the week. OMERS said its net assets rose to more than C$85.2 billion, up from C$77.1 billion in 2015. Investments. Last week, I had a discussion with Jo Taylor, OTPP's CEO, on their mid-year results, and he told me will soon open up their office in Singapore and Bruce Crane, Managing Director, Infrastructure & Natural Although Borealis Infrastructure’s current investment portfolio is focused on Canada, the United States and Europe, it has a clear mandate to focus on Australia and established an Australian office in Sydney in January 2014. A country like India can ill-afford not to invest huge sums to bolster its renewable assets. OMERS Infrastructure, Australian firm Stilmark and US telecommunications company ATN International have teamed up to jointly pursue opportunities in Australian telecommunications infrastructure. Bruce Power, one of the largest nuclear power plants in the world, produced isotopes to sterilize medical equipment and provided, Canada's pensions are investing big in India, India is building a city from scratch to attract foreign investors, invest in next-generation value chains to succeed, Gatwick's woes are impacting Canadian pensions, sovereign wealth funds are rethinking real estate, OMERS Looking at Asia-Pacific Infrastructure. EQT’s latest global infrastructure fund and OMERS Infrastructure Management have paid an undisclosed sum to buy German fibre optic internet provider Deutsche Glasfaser from KKR Infrastructure and Reggeborgh. “Talks at Google” series in 2018, sharing his principles for real asset the long-term growth and demographics of the region.”. Daily Insights on Pensions and Financial Markets. Global investment company, KKR has signed an agreement with EQT Infrastructure and OMERS for the latter to jointly acquire German network operator, Deutsche Glasfaser. will provide the tower company with a secure, long-term source of In April, 2018, I wrote a comment on why Canada's pensions are investing big in India, stating this: In April, 2019, I discussed how PSP's Roadis and the National Investment and Infrastructure Fund (NIIF) invested $2 billion to create a platform that will invest in road projects infections soar, the Indian government has continued to lift lockdown Wallace’s new role begins immediately. These case studies were based on the framework and the process we discussed in the earlier episodes and provided many practical uses for TFM to solve common total fund decision challenges many institutional investors face. Through it all, I’ve been impressed by the resilience and agility displayed by my colleagues at OMERS and by our portfolio management teams as we’ve navigated this crisis together. OMERS is highly concentrated in North American assets and when you include Europe, that's 90% of its assets. to Japan, South Korea and Taiwan. Asked about Singapore’s GIC, he said the sovereign wealth fund has As at 30 June 2016 QIC managed over A$7.0 billion of infrastructure assets across 10 global direct investments, spanning transport, utilities and public-private partnership. investment,” he said. Divestment is a last resort, but it is an investment tool we can apply to com, Paula Sambo of Bloomberg News reports that Canada's largest pension says inflation could rise in a rebound: Canada’s largest pension fund says policy measures across the globe to address the Covid-19 pandemic could fuel inflation after years of under-inflation while also spurring a rebound in employment and business investment. Renewables will be huge in India, not just electric grids and transmission lines but solar and wind farms too. and transport. The stake was sold by London based Wren House Infrastructure Management, which is a captive infrastructure investment manager, and a subsidiary of the Kuwait Investment Authority. The towers were recently constructed and To deliver this it has submitted a long-term development plan which is underpinned by a strong commitment to safety, governance, productivity and sustainability. We are active investors, focused on partnership. enter a new phase of reopening on September 1 known as "unlock 4.". For example, LifeLabs, the leading provider of community laboratory services in Canada, coordinated with government partners to add critical COVID-19 testing capacity. Omers tends to invest in large infrastructure deals, in tickets of between $500 million and $1.5 billion, with a “sweet spot” of around $1 billion, he added. That's the responsibility of Prateek Maheshwari, managing director at OMERS Infrastructure, and from reading this interview, I get a sense he knows exactly what he's talking about. Founded in 1962, OMERS is one of Canada's largest defined benefit pension plans, with $109 billion in net assets (as at December 31, 2019). Canada's Largest Pension Sees Risks of Inflation? network to include new names in Asia.”. For more information, please visit: http://www.borealis.ca/. continued economic growth.". QIC currently provides investment management services to 95 institutional clients in Australia and internationally, including governments, pension plans, sovereign wealth funds and insurers, spanning Australia, Europe, Asia, Middle East and the US. We have OMERS employees in Toronto and other major cities across North America, the U.K., Europe, Australia and Singapore. Working on behalf of more than 500,000 members, OMERS has a responsibility to invest and manage the Plan’s funds to meet our long-term obligations. spearhead the investor’s expansion in the region, said: “We believe in Brookfield Infrastructure Partners L.P. and its institutional partners, Canadian-based senior analyst specializing in pension funds and investments across public/private markets. Since they are unlisted, these assets are not subject to the whims of the news cycle or the sometimes erratic behaviour of the retail market. OPM invests globally in infrastructure and private equity assets. Think about it, as more and more Indians enter the middle-class, they will be buying one or two cars, driving more and using the internet at home or their cell phones to do online shopping. 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