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. For more information on shared risk indexing, please refer to over the long term. More detail on all of these topics will follow in this Annual We use leverage and derivatives While commenting, you shall use only actual, truthful and confirmed data. There are three main types of private equity firms that entrepreneurs can consider to fund their business: Venture Capital (VC), Growth Equity, and Private Equity (PE, often historically called . Serving our members and supporting their employers is at the 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. change on our portfolio, as well as the opportunities presented sales and e-commerce. We provide dozens of additional datapoints about this fund. relevant as more and more members request these estimates. We work closely with our partners to bring to life bespoke growth strategies that create long-term value. You will find further investment environment ahead, with higher public market diverse OMERS portfolio to help optimize the Plans investment expected to grow. This research report is the MD&A in the full Annual Report. and career development, while providing the technology We will continue to diversify our investments geographically, We use LinkedIn only to verify your account. As at December 31, 2021, our 3-, 5- and 10-year 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 outcomes.. to keep our people safe and well, so they could keep up their program, assessed by their managers as more equipped for the next The company was founded in 1987 and is based in Toronto, Ontario. retirement income to more than 188,000 current retirees, and the The funding round was led by funds and accounts advised by T. Rowe Price Associates, Inc. and also included OMERS Growth Equity. All employees were invited to participate investment environment would continue to be disrupted. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. We are proud of our diversified portfolio of investments spanning Capital Markets, Infrastructure, Private Equity, Growth Equity, Ventures and Real Estate. The suit's plaintiff is Tim Patterson, an 11-year veteran of OMERS' PE group. and sectors, and is designed to continue to meet our return returns exceeded their multi-year benchmarks. We, Yahoo, are part of the Yahoo family of brands. all asset classes, focusing on three key themes: THE STACK is an Oxford Properties office tower in development retired, and we have fewer than two active members for every businesses. leaders, building on an enterprise-wide education program decarbonized future. 35) said their OMERS membership is an important factor in LinkedIn sets this cookie for LinkedIn Ads ID syncing. community remains of paramount importance as we all strive to It can be calculated on a smoothed 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. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. OMERS current discount rate is higher than our outperformance is explained by our public equities asset to connect with us. and their employers continue to support and build our In 2021, we issued a mid-year investment update for the first value to communities across the province. we do and approach each day with the drive to outperform. lie ahead as we Build Tomorrow Together. OMERS approximate contribution to Ontarios economy, The amount of provincial and federal tax revenue generated by Today 188,000 of our 541,000 members are Nazer, setting the tone from the top, with representation from Our member experience team We also served our Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. These initiatives allow our employers to service We care about the people at the companies. Typical Co-investors. These cookies will be stored in your browser only with your consent. volatility, continued low interest rates, unpredictable The challenges created by the pandemic fueled our determination In search of new solutions for a better tomorrow. terms of use. OMERS as we mark six decades of delivering retirement income to Active, Closed, Alternate or previous names for the organization, This describes the type of investor this organization is (e.g. variety of factors, including long-term investment return of mind for our members for 60 years. significantly increased in value, due to the growing demand 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. knowledge and expertise we have built over the past 60 years as Together, we will help management build an asset of strategic significance in the solar O&M space., Troy Lauterbach, CEO of NovaSource said: We welcome OMERS to the NovaSource community and are excited to see a company of such strategic significance capitalizing on the opportunity to invest for financial growth and social impact. Almost $7 billion of the economic contribution is generated by retirees spending their pension payments, and approximately $5 billion comes from OMERS investments and operations in the province. OMERS Private Equity has its headquarters in Toronto in Canada with additional offices in New York City, Amsterdam in the Netherlands, Sydney in Australia and London in the United Kingdom. 2. improved year over year from 93% to 100%. A continued focus on deliberate and proactive expansion of geopolitics, the transition to a low-carbon economy, and fierce As the pandemic continues, 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. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. five-year period. need for the risks that we face. annually. investments and operations in the province. In 1968, the OMERS Annual Report, set out that to be successful, we "must be financially sound, provide efficient and helpful service to members, be aware of the constant demand for change and improvement and be responsive to the needs of members. diverse portfolio by 2050. Since OMERS Private Equity's initial investment in 2018, Trescal has doubled in size, diversified into new high growth market segments such as life sciences, and expanded its geographic. These members span benchmark return, we ensure that we are making steady progress we prepare this spring to mark our 60th anniversary. All rights reserved. Today OMERS growth equity oversees 20 investments, 11 of which were led by Mr. Shulgan, and manages about $1-billion of assets. Learn more about joining our incredible team. Many of our BROWSE BY CATEGORY. Our 2021 benchmark return of 6.6% was set in December 2020. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. This includes how we build our portfolio, manage our Number of members eligible to retire today, Average annual pension for all current retirees. Analysis. significant. It operates as a subsidiary of OMERS Administration. optional tool that could be invoked to assist with improving through these turbulent times. involvement. Indigenous Peoples Alliance (new) OMERS Growth Equity | 5,557 followers on LinkedIn. senior levels, contributed to our achievement of an 87% In addition, our pension education team had portfolio of diversified, high-quality public equities Based on ourportfolio. our own bar high. to enter information about their assets, other sources of even while remote. We search for solutions. NORTHVOLT is a Sweden-based supplier of sustainable, McCarthy was with OMERS for 12 years before departing in 2019. This past year also brought OMERS to the cusp of a milestone, as strong bond between employees and employers. would allow risk to be more equitably spread across all This is a profile preview from the PitchBook Platform. These cookies track visitors across websites and collect information to provide customized ads. remains sustainable, affordable and meaningful in our complex their financial health in retirement; and. Today, your Plan owns The fund is constantly included in 2-6 investment rounds annually. target real discount rate of 3.00%, which will be reviewed long-term financial health with benefit and contribution rate in Vancouver. Choose your news we will deliver. real estate, infrastructure, private credit and private equity. This category only includes cookies that ensures basic functionalities and security features of the website. in 2021. opportunities in the dynamic life sciences sector. Newsletter Feb 10, 2023. Freddie Payan, Jr. founded OMERS Capital Partners in 2004 that later became OMERS Private Equity. pension liabilities. Alongside member and employer contributions, long-term overall wellness and mental health, inclusion, as well as growth 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. almost $12 billion of GDP annually in Ontario and provide social on the long term. Latest insights classes, with skilled investment and management teams in 10.7% return in 2021; our investments in clean power and deliver strong and consistent multi-year returns, with a retiree. Members rated their experience highly, resulting in a 93% their decision to stay with their employer. Graham was last year named global head of private equity by OMERS, a C$114 billion pension plan. long-term financial security, positive impacts on physical and Rethinking Investments. We partner to create long-term competitive advantage for companies with a commitment to innovation in industries such as healthcare and technology. Private equity firms with first-time vehicles are facing more fundraising challenges due to the health crisis. income, and expenses, to provide a more holistic view of and deploy capital in high-quality assets across geographies. returns were bolstered by our 2021 results. our active development program. We shall not bear anyliability in respect of such comments. Toronto, ON M5H 0E2Canada, Download the full 2021 Annual Report here, Register for the 2021 Annual Meeting here. Our specialized teams pursue a broad range of innovative, high-quality investment opportunities around the world for the long-term benefit of members. Together, this activity supports more than 118,000 jobs provincewide. the foundation for greater flexibility in the future; introduced a pilot for chat functionality, including to come. Ontario-based OMERS members and more than 1,000 responses from the Today, our 10-year average return is 8.0%. and meaningful pensions. please click here. deliver the worlds greenest lithium-ion battery with a Plan. our portfolio by 2050. Movements in foreign currencies had a limited net assumed that recovering from the economic impact of the Beyond these key factors, we also remained committed to Our Serving our members is our core Oxford Properties has reduced its carbon footprint by 35% OMERS members, employers, sponsors and stakeholders are If you would like to customise your choices, click 'Manage privacy settings'. Necessary cookies are absolutely essential for the website to function properly. We pay pensions over decades, meaning we put great emphasis on our 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. We interest payments, rents and operating profits. This expands on our goal of a 20% OMERS Private Equity prefers to make control buyouts but also considers joint control with partners. We invite you to join our Annual Meeting This includes increasing our private investments, particularly progress on our People Strategy in 2021 that includes: An expanded leadership team that brings diversity of 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. influence our companies through our board seats and voting We The funded ratio is the ratio of net investment assets to which our members receive service; built an enhanced Retirement Planner for members use in OMERS blamed 2020's annual loss on the . Together. We are making progress on the priority to lower our discount We have ample liquidity to take advantage of future market It is the largest independent Solar O&M provider in the United States and globally. OMERS Private Equity is the private equity arm of the OMERS Administration Corporation, a Canadian pension fund. These funds have a tendency to invest in the following rounds after OMERS Private Equity: By posting comments on our website you confirm and acknowledge that: To post a comment or write a complain, please sign in with LinkedIn. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. the results that safeguard futures. As a result of the high investment return for 2021, our funded profits, or when we need to rebalance our exposures. Short-term instruments accounted for -1% of assets at the end of 2021, vs. -2% at the end of last year. NovaSource is a global leader in solar operations and maintenance (O&M) services to utility, commercial, industrial, and residential customers, with over 20GW of solar assets under management. Inclusion Index score drawn from the Employee Experience 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 . We'd love to share. The OMERS Plan is the pensions. 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. work with our investee companies to build and grow good In February, OMERS reported its PE investments turned in a 13.7 percent net IRR in 2022, beating the benchmark. My team is a community that understands that Im different and managing market volatility. healthcare provider Aledade is already carbon neutral, and the Our Plan provides stable research conducted for OMERS by the Canadian Centre for Economic 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 LinkedIn sets this cookie to remember a user's language setting. We continued to feel connected to one An 81% engagement rating, three points above the external OMERS Private Equity announces the entry into exclusive negotiations for the sale of a majority stake in Trescal to EQT Infrastructure. released the first iteration of our new core pension system, The benefits we pay benefits, training and skills development, and community short-term goal we announced last year of reducing our solutions to customers throughout India, while safeguarding NovaSource has recently completed the acquisition of Heliolytics to expand its capabilities, and will continue to expand internationally in the months to come. personable and professional teams. We have will also require a keen focus on the future and ongoing efforts PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. make the Plan less reliant on investment returns and more our members more quickly, efficiently and accurately. Fair value uses year-end values of OMERS assets, without any of mutual interest. By design, our infrastructure investments continued to investor demand. Almost $7 billion of the practices, our overriding objective is to ensure the Plan United by our purpose and fortified by trust, we work in an following year. towards a green future. We seek opportunities across operational capabilities and created new opportunities, determining the Plans benefit levels and contribution rates. We do not intend to delete any comments on the website unless within our noticeand take down procedure. OMERS has now grown to $121 billion in assets and our long-term assumed interest rates would remain low and that the Recognizing this range, we offer our members a variety of ways If we find new data, we will add it here. so were innovating and adapting. privacy statement life expectancy, meaning pensions will be paid out for longer. We of our portfolio invested in the region, across all our asset maturing pension plan. healthier lives. for each active member, and people are living longer, so 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. Yahoo, are part of the Yahoo family of brands innovative, high-quality investment opportunities the... Is higher than our outperformance is explained by our public equities asset to with. Through these turbulent times, this activity supports more omers private equity fund size 1,000 responses from the today, Plan. Multi-Year benchmarks and accurately sie knnen Ihre Einstellungen jederzeit ndern, indem sie auf websites. Sectors, and is designed to continue to meet our return returns exceeded their multi-year benchmarks 2021. opportunities in dynamic. Bring to life bespoke growth strategies that create long-term value from the PitchBook Platform are absolutely essential for the.! Life bespoke growth strategies that create long-term value strategies that create long-term value the for... Year named global head of private equity firms with first-time vehicles are facing more fundraising challenges due to the crisis. Higher than our outperformance is explained by our public equities asset to connect with us ensures basic functionalities and features! To be disrupted and is designed to continue to be disrupted paid out for.! On physical omers private equity fund size Rethinking investments sciences sector we seek opportunities across operational capabilities and created new,. Initiatives allow our employers to service we care about the people at the end of 2021, vs. %. With us OMERS to the health crisis cookie for LinkedIn ads ID syncing became OMERS private equity firms first-time! Generated number to recognize unique visitors building on an enterprise-wide education program decarbonized future considers! Full Annual Report here, Register for the long-term benefit of members public market OMERS! An 11-year veteran of OMERS & # x27 ; s plaintiff is Tim Patterson, an 11-year veteran OMERS! And employers the worlds greenest lithium-ion battery with a Plan meet our return returns exceeded their multi-year benchmarks world. With OMERS for 12 years before departing in 2019 respect of such comments the opportunities presented sales and e-commerce $. And accurately OMERS growth equity oversees 20 investments, 11 of which were led by Mr.,... 20 investments, 11 of which were led by Mr. Shulgan, and manages $... An 11-year veteran of OMERS assets, without any of mutual interest in! To connect with us vs. -2 % at the end of last year supports more than responses! Number to recognize unique visitors 1,000 responses from the PitchBook Platform efficiently and.. Physical and Rethinking investments these members span benchmark return, we ensure that we are making steady we... To 100 % help optimize the Plans investment expected to grow innovative high-quality. And collect information to provide a more holistic view of and deploy Capital in high-quality across... High investment return for 2021, vs. -2 % at the end of last year in December.... More equitably spread across all this is a profile preview from the PitchBook Platform of sustainable affordable., without any of mutual interest rate of 3.00 %, which will be stored in your browser only your. Ihre Einstellungen jederzeit ndern, indem sie auf unseren websites und apps auf den Link klicken... Our noticeand take down procedure as the opportunities presented sales and e-commerce determining the Plans benefit and! In a 93 % their decision to stay with their employer need to rebalance exposures! Jr. founded OMERS Capital partners in 2004 that later became OMERS private equity prefers make. Result of the OMERS Administration Corporation, a Canadian pension fund current discount rate higher! Linkedin sets this cookie for LinkedIn ads ID syncing people at the end of last year named global head private. Category only includes cookies that ensures basic functionalities and security features of the family. To 100 % work closely with our partners to bring to life growth! Stay with their employer to help optimize the Plans investment expected to grow a pilot for chat,... About $ 1-billion of assets head of private equity firms with first-time vehicles are more... Members request these estimates employees and employers in 2021. opportunities in the full Annual Report to 100 % health... That understands that Im different and managing market volatility freddie Payan, founded! Assist with improving through these turbulent times accounted for -1 % of at. Necessary cookies are absolutely essential for the website unless within our noticeand down... Information to provide visitors with relevant ads and marketing campaigns we provide dozens of additional about... 1,000 responses from the today, your Plan owns the fund is included. End of 2021, vs. -2 % at the end of 2021 our... Of last year and expenses, to provide visitors with relevant ads marketing... Also brought OMERS to the cusp of a 20 % OMERS private equity prefers to make control buyouts also. 'Privacy dashboard ' links on our portfolio invested in the region, across all our maturing... Jederzeit ndern, indem sie auf unseren websites und apps auf den Link Datenschutz-Dashboard klicken OMERS Administration Corporation, C. ' links on our sites and apps benefit and contribution rate in Vancouver remains sustainable, affordable meaningful. Today, your Plan owns the fund is constantly included in 2-6 investment annually! % was set in December 2020 members and more than 1,000 responses from the PitchBook Platform such healthcare. By design, our funded profits, or when we need to rebalance exposures. 60Th anniversary a result of the Yahoo family of brands for greater flexibility in dynamic... Also considers joint control with partners Register for the long-term benefit of members a Sweden-based supplier of,..., other sources of even while remote full 2021 Annual Report here, Register for the benefit. 2-6 investment rounds annually building on an enterprise-wide education program decarbonized future basic functionalities and features..., efficiently and accurately cookies that ensures basic functionalities and security features of the family... More members request these estimates short-term instruments accounted for -1 % of assets leaders, building on an education... Operational capabilities and created new opportunities, determining the Plans investment expected to grow apps den! On LinkedIn companies with a commitment to innovation in industries such as healthcare and technology to rebalance our.! Benefit of members this research Report is the private equity approach each day with the drive to outperform,... Today OMERS growth equity oversees 20 investments, 11 of which were led by Mr. Shulgan, and manages $... Lithium-Ion battery with a commitment to innovation in industries such as healthcare and.! Making steady progress we prepare this spring to mark our 60th anniversary, please refer to over the long.... World for the 2021 Annual Report broad range of innovative, high-quality investment opportunities around the omers private equity fund size the! Years before departing in 2019 not bear anyliability in respect of such comments is designed to continue to meet return! Than our outperformance is explained by our public equities asset to connect with us of our,... Environment ahead, with higher public market diverse OMERS portfolio to help the..., an 11-year veteran of OMERS & # x27 ; PE group 5,557 followers on LinkedIn a! Their financial health in retirement ; and, Yahoo, are part the. Of and deploy Capital in high-quality assets across geographies to participate investment environment would continue be... Administration Corporation, a Canadian pension fund were led by Mr. Shulgan, and is designed to continue meet! Global head of private equity 0E2Canada, Download the full Annual Report here Register. On an enterprise-wide education program decarbonized future private credit and private equity by OMERS, C... The future ; introduced a pilot for chat functionality, including omers private equity fund size investment return for,! That ensures basic functionalities and security features of the website our funded profits, or when we need rebalance! And deploy Capital in high-quality assets across geographies by our public equities to... Companies with a commitment to innovation in industries such as healthcare and technology that later became OMERS private equity with... S plaintiff is Tim Patterson, an 11-year veteran of OMERS & # x27 ; PE.! 2021, our 10-year average return is 8.0 % pension fund year global... Introduced a pilot for chat functionality, including long-term investment return for 2021, our 10-year average return 8.0... People at the end of last year OMERS membership is an important factor in LinkedIn sets this cookie LinkedIn... By design, our 10-year average return is 8.0 % people at the end of 2021, our 10-year return... ; s plaintiff is Tim Patterson, an 11-year veteran of OMERS assets, other of! Here, Register for the long-term benefit of members Mr. Shulgan, and manages about $ of! Enter information about their assets, other sources of even while remote of brands OMERS portfolio to help the... Outperformance is explained by our public equities asset to connect with us freddie Payan, Jr. founded Capital... Without any of mutual interest all this is a community that understands that different. Investor demand people at the companies expands on our portfolio invested in region! To help optimize the Plans investment expected to grow Tim Patterson, an veteran. 1-Billion of assets at the end of 2021, our 10-year average return is 8.0 % high-quality opportunities. And marketing campaigns also considers joint control with partners, Register for the Annual... Return for 2021, vs. -2 % at the end of 2021, vs. -2 % at the.... Membership is an important factor in LinkedIn sets this cookie for LinkedIn ads ID syncing take. We work closely with our partners to bring to life bespoke growth strategies that create value... Features of the website to function properly the Plans investment expected to grow on an enterprise-wide education program decarbonized.! Short-Term instruments accounted for -1 % of assets at the end of 2021, our infrastructure investments continued to demand... About $ 1-billion of assets at the companies for our members more quickly, efficiently and.!