We have OMERS employees in Toronto and other major cities across North America, the U.K., Europe, Australia and Singapore. Pranesh Srinivasan. Email: LKolivakis@gmail.com, This is Part 6 of a seven part series on integrated Total Fund Management brought to you by Mihail Garchev, the former VP and Head of Total Fund Management at BCI and I. Peter Costello, Chair of the Future Fund Board of Guardians, said: "The Port of Melbourne is a high quality asset and an important link between Australia and its trading partners. OMERS Infrastructure Management Inc. Borealis Infrastructure Management Inc. operates as an investment firm. 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. It is one of the largest institutional investment managers in Australia. “What we’re witnessing today, this week and this month, is a continuation in the rise of optimism,” said Mike Zigmont, head of trading and research at Harvest Volatility Management. OMERS Private Markets (Borealis Infrastructure and OMERS Private Equity) invests globally in infrastructure and private equity assets on behalf of the OMERS pension plan. Please take the time to read Mihail's synopsis on TFM capability below followed by my brief comments and a clip where he delves deeply into today's topic (minor edits and added emphasis are mine): This is now week eight of introducing the Integrated Total Fund Management ("TFM") executive series. Strategic Investment Alliance (GSIA). 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. Canadian pension fund OMERS is poised to step up its exposure to 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. 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. Team. 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. OTPP is opening an office in Singapore and has poached Bruce Crane from Omers to be its Asia Pacific head of infrastructure, Infrastructure Investor reported yesterday. telecommunication network. Asia’s infrastructure market, focusing on renewables, telecommunications 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. Dental businesses are a good example of this. strategically located for cellular network coverage across India. Jo Taylor Discusses OTPP's Mid-Year Results, Ivanhoé Cambridge and LOGOS Acquire Broadmeadows, Total Fund Management Part 6: TFM Capability. Headquartered in Brisbane, Australia, QIC also has offices in with offices in Brisbane, Melbourne, Sydney, London, New York, San Francisco, Los Angeles and Copenhagen. We look forward to meeting you. Daily Insights on Pensions and Financial Markets. OMERS INFRASTRUCTURE US LIMITED is an SEC Registered Investment Adviser (RIA). 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 OMERS is a jointly-sponsored pension plan, with 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. The Dow Jones Industrial Average closed higher by 37.90 points, or 0.1%, at 29,910.37. Global investment company, KKR has signed an agreement with EQT Infrastructure and OMERS for the latter to jointly acquire German network operator, Deutsche Glasfaser. transaction perimeter to approximately 175,000, building a robust We are active investors, focused on partnership. 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. towers. We do this by investing in a portfolio of diversified, high-quality assets around the globe. These liabilities will become payable at a time when an ageing population is likely to place significant pressure on the Australian Government's finances. OMERS Infrastructure and EQT Infrastructure closed their acquisition of Deutsche Glasfaser, a German provider of fiber-optic internet access. The GSIA, a US$12.5bn (€10.6bn) co-investment programme, ended its Our team sets us apart. Together with strong management teams, we transform good companies into industry leaders. 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. Wallace’s new role begins immediately. some more than others, and it will impact Canada's large pension funds. Florida’s Infrastructure is one of the world’s most extensive multi-modal transportation systems, featuring international airports, deep-water shipping ports, extensive highway and rail networks and multiple hubs that allow for high-speed data transmission from around the U.S. to Europe, Latin America and Africa. The Dow and S&P 500 rose 2.2% and 2.3%, respectively, for the week. 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. CANADIAN pension fund Ontario Municipal Employees Retirement System (OMERS) has acquired a 19.99% stake in Australian electricity transmission company TransGrid. In fact, BCI, alongside Borealis Infrastructure is a Canadian-domiciled entity formed in 1998 to originate, structure, finance and manage infrastructure assets on behalf of OMERS. View Form ADVs for this SEC registered investment adviser and thousands more using PredictiveOps. OMERS Infrastructure and EQT Infrastructure closed their acquisition of Deutsche Glasfaser, a German provider of fiber-optic internet access. to Japan, South Korea and Taiwan. for the first time in months, despite skyrocketing daily coronavirus infections that are showing no sign of slowing down: Interestingly, CPP Investments also has 12% in The Port of Melbourne is a strategic link between Australia and its major trading partners and the Lonsdale Consortium looks forward to working with government and industry to deliver world class facilities and ongoing growth to support future freight demand over the next 50 years. 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. towers which forms Reliance Jio Infocomm Limited's ("Jio") QIC is a global diversified alternatives investment firm offering infrastructure, real estate, private equity, liquid strategies and multi-asset investments. A country like India can ill-afford not to invest huge sums to bolster its renewable assets. The Future Fund is Australia’s Sovereign Wealth Fund. roads. However, having a framework and a process is yet not having a capability. In this context, investors often look for businesses that are not beholden to the economic cycle, but produce stable profits in any environment. Borealis Infrastructure is a Canadian-domiciled entity formed in 1998 to originate, structure, finance and manage infrastructure assets on behalf of OMERS. people has reported more than 75,000 infections for five consecutive In Australia, GIP was a major shareholder in Port of Brisbane when it was privatised in 2010, manages a stake of NSW Ports for QSuper and recently was a key member of the consortium that completed the A$12 billion Asciano take-over transaction, with GIP taking a 27% shareholding in the Pacific National rail business stemming from that transaction. KKR acquired a majority position with the operator in 2015 from Dutch investor Reggeborgh. Private equity investors seek to generate above market returns by taking an active role in the management of a company: cutting costs, expanding into new markets and attracting new talent. He also anticipates opportunities in renewables. ", Ralph Berg, Executive Vice President & Global Head of Infrastructure, OMERS Private Markets, said: "We are confident that our global expertise in managing similar assets will see the Port of Melbourne continue to operate as Australia’s leading container and multi cargo port and we look forward to working with port users and stakeholders to further improve the productivity of this important asset.". remain closed until the end of September, although up to 50% of the We build partnerships. is growing in India and, given India’s climate goals and commitments to The transaction is expected to close on October 31. Prateek Maheshwari, managing director at OMERS Infrastructure, told IPE Real Assets: “The intention is to further grow the success we have in the region.” Christopher Curtain, OMERS Infrastructure “Going forward, we will look to infrastructure assets that provide value-add in a diversified way. of the tower portfolio under a 30-year Master Services Agreement, which OMERS is currently heavily concentrated in North America. 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. The investment comprises a portfolio of around 135,000 communication The Future Fund Board of Guardians, supported by the Future Fund Management Agency, is responsible for deciding how to invest the assets of the fund. 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. Below, learn about why nuclear is the way forward if we are to tackle climate change and why Bruce Power is a leader in the field. For more information, please visit: www.qic.com. The Port of Melbourne is Australia’s largest container and multi cargo port, visited by more than 3,000 ships each year. towers are planned, increasing the total number of towers in the OMERS’ investment comes four years after the pension fund formed a consortium with Australia’s Future Fund and US Global Infrastructure Partners to acquire the Port of Melbourne from the government of Victoria state for A$9.7 billion ($6.8 billion). Ben Wilson Camilo Salomon is an investment banker with 30 years of experience providing Project Finance services to Infrastructure projects in the Global Emerging Markets. The better our companies perform, the more value we generate for the OMERS Pension Plan.” -Nina Larsen, Director, Strategic Initiatives Prateek Maheshwari, managing director at OMERS Infrastructure, told It has become one of the largest institutional investorsin Canada. 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). Sherman is responsible for utilities, renewables and transportation after leading OMERS Infrastructure’s investments in large-scale portfolio companies in the Americas. India's infection rate has increased exponentially in recent weeks. country moved to modernize its transportation network and build new toll and the Philippines, were also going through urbanisation, and would The Future Fund was established by the Future Fund Act 2006. We provide the commitment and capital required to accelerate the growth strategies of good businesses. 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. Jio is the anchor tenant 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. Lastly, I embedded a clip on FASTag, an electronic toll collection system, operated by the National Highway Authority of India (NHAI). “We’re keeping an eye on this because central banks have adjusted frameworks,” Mark Machin, chief executive officer of Canada Pension Plan Investment Board, said in an interview Tuesday. New York's Pension to Join the Divestment Crowd? The participation by GPIF and DBJ brings the total capital committed to the GSIA to USD $11.25 billion. Below, Bruce Flatt, CEO of Brookfield Asset Management, participated in the Diversity, experience and world-class talent drive great results. Great deal for BCI and its institutional partners. revenue. The Consortium is also committed to fostering close ties with industry and the local community. to Japan, South Korea and Taiwan. The towers were recently constructed and OMERS Infrastructure is a leading investor and asset manager. 72% of its total assets (C$109bn) were located there, with 17% in Europe in India. CANADIAN pension fund Ontario Municipal Employees Retirement System (OMERS) has acquired a 19.99% stake in Australian electricity transmission company TransGrid. invest in infrastructure that will play a vital role in enabling India's The larger economies of Southeast Asia, such as Indonesia, Malaysia As at 30 June 2016 it had over A$75 billion in funds under management, offering infrastructure, real estate, private equity, liquid strategies and multi-asset investment services. We do this by investing in a portfolio of diversified, high-quality assets around the globe. which they operate," said Lincoln Webb, executive vice president & Reflecting on the year, I’m particularly proud of the way our portfolio companies rose to the occasion with solutions to support our communities. OMERS is also developing a property project in New South Wales. While not going into specific targets for allocations to Asia, We look forward to working with the Victorian Government, port stakeholders and neighbouring communities to maintain, invest and grow Port of Melbourne into the future. 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. investment,” he said. As at 30 June 2016 the value of the Future Fund was A$122.79bn. unlike retail real estate, they will stay the course with airports, Mr. Sabia will replace Paul Rochon, who announced last week he was leaving the department.Mr. Our Consortium has developed a long term vision and business plan. fundraising in June 2014 and includes Japan’s Government Pension Association of Japan, and consortium led by Mitsubishi Corporation. Brookfied is one of the biggest investors in India. The Consortium said it was extremely pleased to be selected to acquire the lease and become custodians of Australia’s largest container, automotive and general cargo port. Today, I read that India is entering a new phase of reopening that will see subway trains running Although OMERS Infrastructure did not establish a presence in Asia The firm is based in NEW YORK NY UNITED STATES. (owns a controlling interest in Highway 407, it's most significant 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. 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. The investment at the time was made through KKR's Infrastructure Fund II. 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. It employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it. Maheshwari said: “When we entered Asia, we were driven by a desire to We work towards our vision to make OMERS a leading model for In the interview above, Prateek Maheshwari said India’s toll-road sector could offer further opportunities as the The country of 1.3 billion But in the context of a broader multi-asset portfolio, private equity also functions to smooth out returns. 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