The Ontario Municipal Employees Retirement Systems assets grew by 4.2 per cent to $124.2 billion in 2022, according to its annual results. To order Join 120,000 other PE professionals today. Looking ahead, OTPP is considering opening an office in India as part of its expansion into fast-growing emerging markets and is also looking to set up a credit investment team in London. AEA Private Equity invests across three sectors: value added industrials, consumer and services. See all Private Equity salaries to learn how this stacks up in the market. Pension funds assets under management rose to C$241.6 billion, Private equity assets rose 29%, while resources returned 28%. TricorBrauns management team, including Executive Chairman Keith Strope and President and CEO Court Carruthers, will continue to lead the Company following the close of the transaction. Teachers' Venture Growth (TVG) is an investment department within Ontario Teachers' Pension Plan that is focused on late stage venture and growth equity investments in . Canadian Prime Minister Justin Trudeau is poised to win a third term in a snap election but fall short of regaining the parliamentary majority he was seeking. Hongquan Gu works at Ontario Teachers' Pension Plan, which is a Venture Capital & Private Equity company with an estimated 812 employees. In large industries like consumer and healthcare, the goal is to dig into and explore niche opportunities. You should only be asked to sign in once. Since January 2020, President and Chief Executive Officer, Ontario Teachers' Pension Plan. 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Ontario Teachers Pension Plan returned 11% last year, helped by big gains in private equity and natural resources investments that mitigated losses in its bond portfolio. Millan Mulraine sits down with our Multicultural ERG to discuss Black History Month, workplace progress and why he chose Ontario Teachers'. Claim your Free Employer Profile Website: www.otpp.com Headquarters: North York, Canada Size: 1001 to 5000 Employees Founded: 1990 Type: Company - Private Industry: Investment & Asset Management Revenue: $10+ billion (USD) Competitors: CPP Investments, OMERS, Caisse de dpt et placement du Qubec By: Staff. Teachers' can support direct private equity investments between $100 million and $3 billion. We dont pound our chest. We provide the capital and support to help high-performing management teams and boards grow and become leading global franchises. Private Equity salaries at Ontario Teachers' Pension Plan can range from $52,145-$58,170. The Ontario Teachers Pension Plan investments returned 11.1 per cent in 2021, with its result driven by the strong performance of its private equity portfolio. All rights reserved. No financial . Posted 5:35:34 PM. We use our agile team, deep sector expertise and global network to help our portfolio companies grow. The equities group is made up of private capital and high-conviction equities, which invests across the capital structure of listed businesses. Investment Stage Late Stage Venture, Private Equity Number of Exits 39; Contact Email inquiry@otpp.com; Phone Number (212) 888-5799; Ontario Teachers' Pension Plan invests and administers the pensions of active and retired teachers. At Ontario Teachers we invest to deliver outstanding service and retirement security for our members while leaving a lasting, positive impact on the world. Ontario Teachers returns 11.1% for 2021, led by private equity investments. Dont miss our weekly curated news and insights, By signing up for our newsletter, you accept our terms and conditions as outlined under. When Frank arrived at Ontario Teachers two years ago from Barclays Private Bank, she thought this an enviable track record for any GP. Im pretty with happy with the strategic as well as the performance part of the size of the direct book vis--vis the size of the funds book and the size of public book.. Read More Click Why? About AEAAEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors (Participants) and/or join its portfolio company boards or act in other advisory roles. Were now leaning into sectors like financial services and healthcare services, parts of industries we feel are more resilient.. INDUS Realty to be taken private in $868m deal, NextPower UK ESG Exceeds 500m Target Within Six Months, Brookfield consortium trims offer for Australias Origin Energy to $10.5bn. We look. From rigid to flexible packaging, stock and custom capabilities, and countless options of materials, industries, and markets served, TricorBrauns range of packaging solutions sets it apart. OTPP is looking to increase the active risk taking and scale of its credit platform across various strategies and geographies, according to its website. Suite 3200 The economy and markets are "under surveillance". Singapores state-owned investor Temasek Holdings Pte bought testing company Element Materials from buyout firm Bridgepoint Group Plc for US$7 billion earlier this year, while Brookfield Asset Management Inc. this week agreed toacquireemergency household repairs provider HomeServe Plc for 4.1 billion (US$5 billion). $57B in assets under management 500+ company and fund investments since 1991 75+ global investment professionals ST. LOUIS, January 7, 2021 Global packaging leader TricorBraun (the Company) announced today that it has entered into a definitive stock purchase agreement with funds managed by Ares Management Corporations (NYSE: ARES) Private Equity Group (Ares) and Ontario Teachers Pension Plan Board (Ontario Teachers). 1,300 Employees . The Ontario Teachers' Pension Plan Board ( French: Rgime de retraite des enseignantes et des enseignants de l'Ontario) [5] is an independent organization responsible for administering defined-benefit pensions for school teachers of the Canadian province of Ontario. To order copies of Click below to get started. Toronto Star articles, please go to: www.TorontoStarReprints.com, Conversations are opinions of our readers and are subject to the, Are Canadas largest pensions putting your retirement at risk? We deploy flexible capital in compelling private companies across a variety of strategies and time horizons. Its an extraordinarily difficult year for any investor So, on balance, we are pleased with the outcome, OMERS CEO Blake Hutcheson told the Star. Strong ESG practices and active management have long been at the heart of what we do and will continue to support our commitment to achieve a net-zero investment portfolio by 2050. Only logged in subscribers of this site will be able to access the shared article. Where the core of it, what we really focus on, is making sure we have deep sector knowledge, Frank said. Please check your spam or junk folder just in case "If you don't deliver that, we don't do the next fund," said Mr. Taylor, a former executive at London-listed private equity firm 3i Group. Click here. Gavin Graham's Top Picks: February 28, 2023, David Burrows' Top Picks: February 27, 2023, Eric Nuttall's Top Picks: February 24, 2023. It provides pathology services to 75 percent of New Zealands population with over 2,000 staff operating across its network of 25 laboratories and 150 collection centres. Ares and Ontario Teachers are the right partners to help us expand on our steady growth as we continue to build the best place for the best people in packaging, said Carruthers. Peloton has ties to Ontario Teachers': two of its founders, Mike Murray and Faraone, were managing directors at the pension fund before they struck out on their own to start the private equity . All rights reserved. Founded in 1989, the Ontario Teachers' Pension Plan is an independent organization responsible for administering defined-benefit pensions for school teachers of the Canadian province of Ontario. We believe that integratingenvironmental, social and governance (ESG) factors into our investment decisions and backing companies to act responsibly will create greater value for our members. OTPP manages the retirement pots of teachers in Ontario. Key stories on business-standard.com are available to premium subscribers only. Ontario Teachers' is Canada's largest single-profession pension plan with $204.7 billion in net assets. Teachers' is an independent organization headquartered in Toronto. New and bigger buyout funds have come to market quicker than ever, with the cycle shortening from a typical three-year period to 18 months in some cases, according to Taylor. The Ontario Teachers' Pension Plan (OTTP) is the largest single-profession pension plan in Canada. Pension funds have been upping pressure on asset managers to apply more ESG awareness when investing their money, keen to show they're not just paying lip service to issues like climate change and social mobility. Singapore's state-owned investor Temasek Holdings bought testing company Element Materials from buyout firm Bridgepoint Group for $7 billion earlier this year, while Brookfield Asset Management this week agreed to acquire emergency household repairs provider HomeServe for 4.1 billion ($5 billion). Teachers' Private Capital considers both private equity and venture related investments in North America, Europe, and Asia. For the best experience on our site, be sure to turn on Javascript in your browser. The fund didnt invest in cryptocurrency, which has been a headache for other Canadian pension funds (Ontario Teachers Pension Plan incurred a significant writeoff after the meltdown of crypto exchange FTX). About TricorBraunFounded in 1902, TricorBraun is North Americas largest distributor of primary packaging and one of the largest purchasers of packaging in the world. Bloomberg Surveillance, covering the latest news in finance, economics and investments. That this is not better known, even ininformed market circles, is due to Ontario Teachers hesitation to talk about itself, Frank said. Mr. Taylor said raising larger pools of capital at a faster rate and a higher cost of entry, while delivering attractive returns, will become harder because of rising interest rates and previous investment mistakes. Ontario Teachers' Pension Plan Board (Ontario Teachers') is the administrator of Canada's largest single-profession pension plan, with CAD 242.5 billion in net assets as of June 30, 2022. The equities groups portfolio investments have typically averaged a one-year net IRR of about 20 percent. Register now to read this article and more for free. It currently has more than $30 billion in green investments. Found email listings include: h***@otpp.com. More . Base is in 80-85k range. We have come out with very clear climate reduction targets, he said. Equity investments generally range from $100 million to $1 billion and target well-managed companies in industries with positive secular tailwinds across North America, Western Europe, China, India and Australia. By going direct, instead of via a fund managed by a buyout firm, Taylor said OTPP is also able to save on the significant fees that exist in an industry known for rewarding itself generously. Ontario Teachers' Pension Plan. it's been delivered there. The fund targets the business products and services (B2B) sector. But I am proud of our team and I am confident (in) our strategy.. Jo Taylor, chief executive officer of Ontario Teachers' Pension Plan, Toronto, has plans for the C$242 billion ($189 billion) fund to buy more controlling stakes in businesses directly, so that it can save on fees and keep a closer eye on environmental, social and governance matters. It holds a diverse global portfolio of assets, approximately 80% of which is managed in-house, and has earned an annual total-fund net return of 9.5% since the plan's founding in 1990. If we dont start thinking about those tools that may not, per se, transform an industry but may be key to long-term competitive advantages, we will eventually be left behind.. New and bigger buyout funds have come to market quicker than ever, with the cycle shortening from a typical three-year period to 18 months in some cases, according to Mr. Taylor. But OMERS private equity holdings increased by 13.7 per cent, its infrastructure investments gained 12.5 per cent and its real estate assets were up by 13.6 per cent. See all Private Equity salaries to learn how this stacks up in the market. Ontario Teachers' Pension Plan, a Canadian fund that manages C$242.5 billion ($181 billion) of assets, has paused direct investing in private assets in China, according to people familiar. Ontario Teachers' Pension Plan Board - OTPPB: An organization that oversees the pension plan for public school teachers in Ontario, Canada. Ontario Teachers acquires majority of Nvision Eye Centers, Investor Relations, Marketing & Communications Forum. Another space of increasing interestis tech adoption. Ares and Ontario Teachers will acquire a majority interest in the Company. Photographer: Cole Burston/Bloomberg Ontario Teachers recognizes the deal environment has changed significantly because of inflationary pressures, rate hikes, Russias invasion of Ukraine and other factors, Frank said. Thrilled to announce our latest investment partnership with GraceMed, a leader in Canada's cosmetic surgery and medical spa industries. 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