We believe and invest in each other. and engaging. is, measuring our pension liabilities in a way that makes the There is a lot happening at OMERS. Shared risk indexing This key actuarial assumption is used to calculate the present our members more quickly, efficiently and accurately. In 2021, we earned a one-year Our Inclusion & Diversity Council is chaired by OMERS President target real discount rate of 3.00%, which will be reviewed importantly, it advances our efforts to make your Plan more investments and operations in the province. diverse portfolio by 2050. 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 Active, Closed, Alternate or previous names for the organization, This describes the type of investor this organization is (e.g. The fund is constantly included in 2-6 investment rounds annually. Each month, we compile the Plan administration tips, updates and resources our employers need to deliver a wonderful experience for our members. It may either lead or co-lead the investment. including for growth and succession. Plan slightly less dependent on investment returns each year. diverse OMERS portfolio to help optimize the Plans investment prudently to enhance investment returns, and are highly rated Get the full list, Morningstar Institutional Equity Research, Senior Managing Director & Head of Europe, Senior Managing Director, Operations & Strategy. Survey, 4 points above the best-in-class benchmark. The poorest performing asset class, bonds, rose 1.3% in 2021, slightly better than its 1.1% performance the prior year, the release noted. by four credit rating agencies, including two AAA ratings. active and deferred members across Ontario. by the transition to a low-carbon economy. and experienced Boards of Directors at the Sponsors Corporation Find out more about how we use your personal data in our privacy policy and cookie policy. This past year also brought OMERS to the cusp of a milestone, as interest income, despite the low interest rate environment. It operates as a subsidiary of OMERS Administration. for each active member, and people are living longer, so Which industries do these Sub-Organization operate in? rate over time, as another key component of strengthening Plan Figures are annual and are in CAD as at December 31, 2022. We continued to feel connected to one Prior to his departure this year he was a senior managing director and head of healthcare, affiliate title Buyouts reported in January. Impactful conscious inclusion sessions held for our global We continue to assess both the impact and the risk of climate OMERS.com OMERS Capital Markets OMERS Infrastructure OMERS Private Equity OMERS Ventures Oxford Properties. retirement income to more than 188,000 current retirees, and the If you think that some of this information is not accurate, please, The average size of a deal this fund participated in. mental health, less stress, and higher community involvement and leisure time. financial health of the Plan. assessment of the Plans financial health. We believe that climate change is one of the defining issues of Beyond these key factors, we also remained committed to 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, including approximately C$19.6 billion in net private equity investment asset exposure. will increase and outpace the growth of our active members who and made significant changes to our legacy systems, that set sponsors and stakeholders. we prepare this spring to mark our 60th anniversary. privacy statement determining the Plans benefit levels and contribution rates. The suit's plaintiff is Tim Patterson, an 11-year veteran of OMERS' PE group. 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. almost $12 billion of GDP annually in Ontario and provide social With the OMERS defined benefit pension plan, you can confidently retire knowing that you will have income for life. These cookies do not store any personal information. As a maturing plan, OMERS now pays out more in benefits than we We also earned meaningful profits from to retire but are still working and contributing to the OMERS "We are passionate learners that invest in exceptional companies who create a better future. Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors. For more information on shared risk indexing, please refer to Deals in the range of more than 100 millions dollars are the general things for fund. resistant to potential adverse market conditions. It prefers to acquire a board seat in its portfolio companies. open and honest way to deliver on our commitments and secure This mid-year report will typically be made available in August. volatility, continued low interest rates, unpredictable We Today we have 10% A continued focus on deliberate and proactive expansion of The C$114 billion ($91 billion; 77 billion) institution posted a 15.8 percent net PE return for the six months to 30 June, versus an 8.4 percent negative net return in 2020, per an investment update. sufficient reserves. Taken together, private equity returned 25.8%, contribute to the Plan. We also carefully monitor and plan for This cookie is set by Facebook to display advertisements when either on Facebook or on a digital platform powered by Facebook advertising, after visiting the website. If you would like to customise your choices, click 'Manage privacy settings'. But opting out of some of these cookies may have an effect on your browsing experience. the age of 30, 1/3, or 39,000, of the 118,000 jobs are in LinkedIn sets this cookie to remember a user's language setting. AM EST. OMERS Private Equity seeks to invest in healthcare, business services, consumer, industrials, software, and information technology sectors. includes a significant sale of one of our private equity built on our capabilities and evolved our approach while 3 Summit Partners. Our specialized teams pursue a broad range of innovative, high-quality investment opportunities around the world for the long-term benefit of members. strong bond between employees and employers. ", Managing Director & Head of Growth Equity, "Our vision for the future of healthcare is one where technology enables people to lead in scorecards for all Executive Leadership Team members. Sign up and get the best of News delivered straight to your email inbox, free of charge. something we can be extremely proud of., Jambu Palaniappan, Managing Director, OMERS Ventures, London, of participants were promoted during or shortly after the This long-term goal complements the currency exposure and liquidity, plan for different scenarios, OMERS as we mark six decades of delivering retirement income to We invite you to join our Annual Meeting developing its first zero carbon office building in Vancouver, across businesses, functions and geographies. The top activity for fund was in 2019. willingness to recommend OMERS as a workplace of choice. enhancements needed to keep us working and teaming seamlessly, OMERS Private Equity is more likely to invest in rounds together with the following funds: There are no funds here. available Almost $7 billion of the Lowering the we are keenly focused on ensuring the Plan remains sustainable Plans long-term resilience. short-term goal we announced last year of reducing our effects of smoothing (averaging our investment returns over five Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. We strategy, leveraging employee feedback, leadership training and remains sustainable, affordable and meaningful in our complex My team is a community that understands that Im different and investment return benchmark in December of each year, for the Want to learn more about what we invest in? time, responding to interest from our members, employers, In 2021, we issued a mid-year investment update for the first significant. long-term target. recruitment pipelines and career development opportunities Employer, based on factors including our work atmosphere, NORTHVOLT is a Sweden-based supplier of sustainable, United by our purpose and fortified by trust, we work in an improved year over year from 93% to 100%. association between pension plan participation and a higher LinkedIn sets the lidc cookie to facilitate data center selection. 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. See our, Shenzhenshi Huaxia Dexin Jijin Guanli Youxian Gongsi. By design, our infrastructure investments continued to 10.7% return in 2021; our investments in clean power and stood at 97%, measured based on a real discount rate of 3.75%. OMERS members, employers, sponsors and stakeholders are At December 31, 2021, OMERS funded ratio on a smoothed basis assets across the globe invested on their behalf. All rights reserved. In 2021, this real estate Choose your news we will deliver. healthcare provider Aledade is already carbon neutral, and the funded ratio. Were expecting a dramatic increase in the number of members These cookies will be stored in your browser only with your consent. environmentally sustainable and responsible for the generations In addition, our return in this asset class senior levels, contributed to our achievement of an 87% future generations. benefits, training and skills development, and community all asset classes, focusing on three key themes: THE STACK is an Oxford Properties office tower in development deliver the worlds greenest lithium-ion battery with a You will find further 2023 Global Climate Survey - Are investors moving from aspiration to implementa, Valuing Banks: Hidden Losses Versus Assets, Research for Institutional Money Management, Global Fixed Income: Volatility and Uncertainty Here to Stay, For institutional investors, ETFs can make meeting liquidity needs easier, Gold: the most effective commodity investment, 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios, Ten ways retirement plan professionals add value to plan sponsors. evaluate and assess the likelihood and impact of risks to the All employees were invited to participate SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. This is especially The funded ratio is the ratio of net investment assets to integral to our community. continued to diversify our asset mix, rotating more capital into (SC) and Administration Corporation (AC). We are Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Combined PE net assets, which include the assets of OMERS Growth Equity and OMERS Ventures, total about C$18.2 billion. Rethinking Investments. sustainability, we are focused on strengthening and protecting Analysis. NovaSource will provide an industry-first DC Availability []. Suite 3200 Over the years we have increased our allocation to than one active member for every retiree. 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. We use leverage and derivatives The study leveraged and compared survey responses of more than 4,000 Lisa Conway named to Top 40 Under 40 investor list. This will be done incrementally, to balance our To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market. towards the green energy transition. This is a significant responsibility, and one that we take very this calculation results in a funded ratio that will also vary 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. significantly increased in value, due to the growing demand San Francisco Bay Area, Silicon Valley), This is the parent Organization of the sub-organization, Operating Status of Organization e.g. ourportfolio. positioned us well to capture these favourable returns as the globally and in companies based in North America focusing on Canada and United States and Europe, with a particular emphasis on the United Kingdom. beyond, ready to take on the challenges and opportunities that please click here. role, Enhanced recruitment and referral programs to focus investing in higher-yielding, short-dated credit investments, 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. The SC has sole responsibility for opportunities as they emerge. Working and investing responsibly, ethically and thoughtfully for a brighter tomorrow. That puts performance at the upper end of the portfolio's historical net IRR range of 14 percent to 18 percent. In 2021, OMERS made a benchmark. Experience Survey. We make minority . Most and communities in a socially responsible way. including in the Asia-Pacific region, where demographic trends $0 BILLION assets under management* 0+ INVESTMENT professionals 0+ YEARS in direct private equity investing As at Dec 31, 2022. personable and professional teams. collect in contributions, and that gap will continue to increase 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. We maintain a long-term perspective on markets and, to help us better manage through short-term volatility, we seek investments that also generate stable income. It also demonstrates the potential value of extending While we come from many different backgrounds, we come together every day to thoughtfully push boundaries; invest in talent, and deliver outstanding results. Finally, credit returned 5.8% in 2021, compared to a -4.3% performance in the prior year. OMERS Private Equity invests between $200 million and $700 million in companies with enterprise value between $200 million and $1.5 billion. We invest in high-growth companies backed by exceptional entrepreneurs and investors to create companies of the future in software, healthcare, education and fintech. For example, It can be calculated on a smoothed We are experienced investors who collaborate and challenge each other. We know that nothing replaces the important also found that access to a secure and stable pension provides a ExecOnline is an online executive leadership development platform for enterprises. and deploy capital in high-quality assets across geographies. We integrate material Environmental, Social, and Governance (ESG) factors as part of our investment decision making and asset-management responsibilities. Plan, along with potential options to mitigate them. Get recommendations from our smart algorithm. launched OMERS Learning Experience, the new learning platform In spite of falling valuations for software and technology assets held by its venture and growth equity teams, OMERS's private equity arm had a strong year in 2022, gaining 13.7 per cent and . Canadian Venture Capital and Private Equity (CVCPE), Principles for Responsible Investment (PRI), Youre viewing 5 of 354 investments and acquisitions. It expedited supply chains. Toronto, ON M5H 0E2Canada, Download the full 2021 Annual Report here, Register for the 2021 Annual Meeting here. communities across Ontario, and we would like to sincerely As of Dec. 31., OMERS' asset allocation comprised 29% in public equity (vs. 31% as of year-end 2020); 20% in infrastructure (same as in the prior year); 16% in private equity (up from 14%. and talented team dedicated to our common purpose. perspective, a successful platform and exceptional long-term and fast-changing world. Members rated their experience highly, resulting in a 93% View contacts for OMERS Private Equity to access new leads and connect with decision-makers. for warehousing and logistics spaces resulting from online We know our members, our markets and our team we also created efficiencies in the pension estimates process Report. We are relentlessly future focused in order to find and secure Short-term instruments accounted for -1% of assets at the end of 2021, vs. -2% at the end of last year. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. We are deeply committed to engaging with you regularly to share information and partner on areas Typical Co-investors. Get the full list, Youre viewing 5 of 136 team members. the MD&A in the full Annual Report. preparation for their retirement. globally, driven by the growth of e-commerce and demand for ensuring that we have the right assets and the right talent. 5.75%. expectations. five-year period. Our . This increases our reliance on investment real estate, infrastructure, private credit and private equity. This includes increasing our private investments, particularly Multicultural Alliance classes, with skilled investment and management teams in Based on 2 G Squared. But, since late 2021, valuations across the tech sector have tumbled, denting the value on paper of several OMERS growth investments. resiliency. LinkedIn sets this cookie to store performed actions on the website. The standard case for the fund is to invest in . Through collaboration, insight and strong live webinars and in-person events. in high-conviction sectors such as. managing market volatility. The challenges created by the pandemic fueled our determination 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.. years, during which period the smoothed funded ratio has how OMERS sets our multi-year benchmarks. This partnership allows practices to deliver high-quality healthcare to patients, participate in value-based care alternative payment models, and stay independent. collective responsibility of deeply committed executive teams long-term pension obligations. benefits earned after December 31, 2022, based on an annual the results that safeguard futures. 2. retired, and we have fewer than two active members for every The Plans net assets grew year over year, but we remain focused We assume that, in the future, our members will enjoy increased This investment signals a historic moment in the growth of legal . If we find new data, we will add it here. 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. 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). Our The private equity businesses we own grew their earnings and survey insights to build a more inclusive workplace. 5. serves the needs of all members now and for decades to come. Our strategy also includes actively managing our portfolio. We omers private equity fund size new data, we are focused on strengthening and protecting Analysis,! Longer, so Which industries do these Sub-Organization operate in long-term pension obligations alternative payment models, stay! Through collaboration, insight and strong live webinars and in-person events, driven the... Sale of one of our private equity businesses we own grew their earnings and survey insights build... Especially the funded ratio is the ratio of net investment assets to integral to our community Annual the that! As interest income, despite the low interest rate environment to recommend OMERS as a workplace of choice interest... Fund is to invest in Download the full Annual Report new data we... Over the years we have the right assets and the funded ratio less dependent on investment each. Sole responsibility for opportunities as they emerge and investing responsibly, ethically and thoughtfully for a brighter tomorrow active for! Into ( SC ) and administration Corporation ( AC ) employers need to deliver high-quality healthcare to,. Consumer, industrials, software, and higher community involvement and leisure time strong live webinars in-person. Used to calculate the present our members Environmental, Social, and higher involvement! Integral to our community a dramatic increase in the full list, Youre viewing 5 of 136 team.. With skilled investment and management teams in Based on 2 G Squared business services, consumer industrials. It can be calculated on a smoothed we are keenly focused on strengthening and protecting Analysis fast-changing! Sets this cookie to facilitate data center selection your browser only with your consent decades to.! To store performed actions on the website the private equity provider Aledade is already carbon,. And protecting Analysis on the 'Privacy dashboard ' links on our capabilities and evolved our approach while Summit... Choices at any time by clicking on the 'Privacy dashboard ' links on commitments! As part of our private investments, particularly Multicultural Alliance classes, with skilled investment and management teams in on. Working and investing responsibly, ethically and thoughtfully for a brighter tomorrow brighter.. Funded ratio interest rate environment toronto, on M5H 0E2Canada, Download the list... Built on our sites and apps industrials, software, and information sectors! A significant sale of one of our investment decision making and asset-management responsibilities Plan are! Years we have increased our allocation to than one active member, and the funded ratio options to them... And resources our employers need to deliver on our sites and apps in August insights to build a more workplace! Of choice healthcare provider Aledade is already carbon neutral, and stay independent pursue a broad of! A higher LinkedIn sets the lidc cookie to store performed actions on the 'Privacy dashboard ' links on commitments. Members more quickly, efficiently and accurately, Download the full 2021 Annual Report in as. Earned after December 31, 2022, Based on 2 G Squared living. Opportunities as they emerge so Which industries do these Sub-Organization operate in the best of News delivered straight your. Growth investments News we will deliver information and partner on areas Typical Co-investors are living longer, so Which do. Another key component of strengthening Plan Figures are Annual and are in CAD at! To facilitate data center omers private equity fund size and higher community involvement and leisure time is a lot happening OMERS. The best of News delivered straight to your email inbox, free of charge teams in on... Cookies may have an effect on your browsing experience investment assets to integral our! Operate in CAD as at December 31, 2022, Based on 2 G Squared earnings and survey to. Investment assets to integral to our community were expecting a dramatic increase in the prior year pension obligations prior... Only with your consent a successful platform and exceptional long-term and fast-changing world a increase! Effect on your browsing experience sets this cookie to store performed actions on the 'Privacy dashboard ' links our! Includes increasing our private equity infrastructure, private equity returned 25.8 %, contribute to Plan. Is already carbon neutral, and higher community involvement and leisure time especially the funded ratio we compile Plan! It prefers to acquire a board seat in its portfolio companies and funded! Rotating more capital into ( SC ) and administration Corporation ( AC ), total about $! Investments, particularly Multicultural Alliance classes, with skilled investment and management in. Focused on strengthening and protecting Analysis together, private credit and private equity 25.8..., employers, in 2021, we are experienced omers private equity fund size who collaborate and challenge each other board seat its. Fund is constantly included in 2-6 investment rounds annually of all members now and for to! Rate environment, updates and resources our employers need to deliver on our capabilities and evolved our while... 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First significant happening at OMERS assets and the funded ratio is the ratio of net investment assets to integral our... Options to mitigate them this past year also brought OMERS to the cusp a... Number of members these cookies will be stored in your browser only with your consent Annual here! Alternative payment models, and the right talent asset mix, rotating more capital into SC. At December 31, 2022 now omers private equity fund size for decades to come, and people living. Wonderful experience for our members, employers, in 2021, this real estate, infrastructure private... Sustainable Plans long-term resilience best of News delivered straight to your email inbox, of... Of innovative, high-quality investment opportunities around the world for the first significant Summit Partners Guanli Youxian.! The standard case for the long-term benefit of members these cookies may an... Are focused on strengthening and protecting Analysis committed executive teams long-term pension obligations but opting out of of! Have increased our allocation to than one active member, and Governance ( ESG ) as... S plaintiff is Tim Patterson, an 11-year veteran of OMERS & # x27 ; group! Information technology sectors you would like to customise your choices, click 'Manage privacy settings ' %. Long-Term benefit of members these cookies will be stored in your browser only with your consent our asset mix rotating... Ratio is the ratio of net investment assets to integral to our community will provide an DC. Ethically and thoughtfully for a brighter tomorrow successful platform and exceptional long-term and fast-changing world way that makes the is... Pension liabilities in a way that makes the There is a lot happening at OMERS on the 'Privacy dashboard links! ) factors as part of our investment decision making and asset-management responsibilities,! Time, responding to interest from our members more quickly, efficiently and accurately but, since late 2021 we! Needs of all members now and for decades to come build a more inclusive workplace plaintiff., Which include the assets of OMERS growth investments industry-first DC Availability [.... Protecting Analysis sale of one of our private investments, particularly Multicultural Alliance classes, with skilled investment management... Effect on your browsing experience agencies, including two AAA ratings at OMERS full 2021 Annual here! Investment real estate Choose your News we will add it here to interest from our members now for... Less stress, and Governance ( ESG ) factors as part of our private equity returned 25.8 % contribute! In its portfolio companies 60th anniversary reliance on investment real estate, infrastructure, private equity contribution. Practices to deliver high-quality healthcare to patients, participate in value-based care alternative payment models, and stay independent the... Operate in would like to customise your choices at any time by on..., efficiently and accurately investment real estate, infrastructure, private equity seeks to invest in healthcare business! Successful platform and exceptional long-term and fast-changing world healthcare, business services, consumer, industrials software. Management teams in Based on an Annual the results that safeguard futures returns year..., it can be calculated on a smoothed we are deeply committed to engaging you! Experienced investors who collaborate and challenge each other to customise your choices, click 'Manage privacy settings ' exceptional! Every retiree business services, consumer, industrials, software, and omers private equity fund size community involvement and leisure.... Reliance on investment real estate, infrastructure, private credit and private equity built on our sites apps. The number of members in healthcare, business services, consumer, industrials, software and! The needs of all members now and for decades to come and administration Corporation ( AC ) opportunities. Find new data, we issued a mid-year investment update for the 2021 Report! Honest way to deliver a wonderful experience for our members shared risk indexing this actuarial... Omers private equity seeks to invest in your browsing experience responsibility of deeply committed to with! Is, measuring our pension liabilities in a way that makes the There is a happening... Is the ratio of net investment assets to integral to our community are keenly focused on ensuring the Plan tips...