ontario teachers' pension plan private equity

"We live in a world where we collude and we compete with others and that's quite a hard thing to pull off," Mr. Taylor said. The Deadline To Apply For This Role IsFebruary 14, 2023Our CompanyOntario Teachers' is Canada'sSee this and similar jobs on LinkedIn. Photographer: Cole Burston/Bloomberg , Bloomberg. Star Newspapers Limited and/or its licensors. Teachers rode big gains in private equity and infrastructure to post an 11.1-per-cent return for 2021, topping its benchmark comparison portfolio by more than two percentage points. Hongquan Gu works at Ontario Teachers' Pension Plan, which is a Venture Capital & Private Equity company with an estimated 812 employees. 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 Pension funds assets under management rose to C$241.6 billion, Private equity assets rose 29%, while resources returned 28%. The trend toward more direct and control deals by large pension and sovereign investors has picked up in recent years. Logoplaste offers unique expertise across all phases of packaging development and is used by a wide range of global blue-chip clients. The fund targets the business products and services (B2B) sector. We deploy flexible capital in compelling private companies across a variety of strategies and time horizons. We dont pound our chest. Gavin Graham's Top Picks: February 28, 2023, David Burrows' Top Picks: February 27, 2023, Eric Nuttall's Top Picks: February 24, 2023. Jan-Henrik Frster and Dinesh Nair, Bloomberg News, Workers stand under a blue glow and the Canadian flag at the Tribute Communities Centre, where the leader of the Conservative Party of Canada, Erin O'Toole, is expected to speak at an election night event in Oshawa, Ontario, Canada, on Monday, Sept. 20, 2021. In a rare interview, Taylor said OTPP is looking more closely at both the returns its private equity portfolio generates, and whether it can have sufficient influence at the companies it invests in. New York, NY 10017-4036, Chicago Office We can provide the right capital to meet the specific needs of the businesses we support, and those of our partners. Ares Managements investment groups collaborate to deliver innovative investment solutions and consistent, attractive investment returns for fund investors throughout market cycles. Today, AEAs approximately 90 investment professionals operate globally with offices in New York, Connecticut, London, Munich and Shanghai. JavaScript seems to be disabled in your browser. Serving customers since 1902, TricorBraun has grown to $1.5 billion in annual sales, with more than 1,100 team members in 50 locations throughout North America, Europe, and Asia. Why? 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. For the best experience on our site, be sure to turn on Javascript in your browser. Join 120,000 other PE professionals today. Ontario Municipal Employees Retirement System (OMERS) said Monday that it generated an investment return of 4.2 per cent in 2022, adding $4.9 billion in investment income to the plan, which had. The head of one of North America's biggest investors in private markets wants to cut its reliance on buyout firms and do more dealmaking on his own. Ontario Teachers' Pension Plan Board - OTPPB: An organization that oversees the pension plan for public school teachers in Ontario, Canada. We invest in everything from regenerative farming to real estate to renewable energy and everything in between. Ontario Teachers' Pension Plan. That this is not better known, even ininformed market circles, is due to Ontario Teachers hesitation to talk about itself, Frank said. Logoplaste is a leading global designer and manufacturer of value-added rigid plastic packaging solutions. Thats quite hard to do when you have 5 per cent to 10 per cent in somebody elses private equity deal.. Where the core of it, what we really focus on, is making sure we have deep sector knowledge, Frank said. 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. See all Private Equity salaries to learn how this stacks up in the market. We come out with very clear diversity, equity and inclusion targets in terms of gender participation on boards and how generally governance works around the businesses that we invest in.. We have just sent you an email so you can verify your account. Inflation itself has been a mixed blessing for OMERS. March 14, 2022. Republication or distribution of this content is How will the DOLs finalized rules impact ESG investing? , Bloomberg. 2023 Ontario Teachers Pension Plan. Read: Caisse highlights alternative investment portfolio as 2021 return hits 13.5%. Tenth Floor Busy Bees is the largest childcare provider in the U.K.. Ontario Teachers' Pension Plan Overview Work Here? Only logged in subscribers of this site will be able to access the shared article. For the best experience on our site, be sure to turn on Javascript in your browser. The Opportunity. Ontario Teachers acquires majority of Nvision Eye Centers, Investor Relations, Marketing & Communications Forum. Bloomberg Surveillance, covering the latest news in finance, economics and investments. To be sure, pension funds still see private equity firms as key to hitting their alternative investment allocations. The pension system was in the thick of last year's vigorous PE dealmaking, investing or committing about C$10 billion ($7.8 billion) globally, roughly 2x its outlay in 2020 and 2019. Click here. "We love the U.K.," Mr. Taylor said, describing the market in the country as "probably the most predictable" market in Europe. Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH. It reflects, Frank said, Ontario Teachers pledge to achieve net- zero greenhouse gas emissions by 2050. 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). This was helped along by exits, including the sale alongside Wind Point Partners of polyvinyl chloride maker Aurora Plastics and the sale alongside Stella Point Capital of payment tech provider First American Payment Systems. We try to be quite disciplined and ask, What is interesting, where is the best place not just for this year but for five years or even ten years?, Ontario Teachers, for example, targets opportunities in a few high- growth healthcare sub-sectors, such ophthalmology. 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. 130 E. Randolph St. Pension funds have been upping pressure on asset managers to apply more ESG awareness when investing their money, keen to show theyre not just paying lip service to issues like climate change and social mobility. We are thrilled to have the opportunity to partner with TricorBraun through its next chapter., We are proud of our work with Keith, Court, and the TricorBraun management team to help drive growth through a number of successful initiatives, creating significant long-term value, said Tom Pryma, Partner, AEA. Jo Taylor, chief executive officer of Ontario Teachers Pension Plan Board, has plans for the $242 billion (US$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. Were now leaning into sectors like financial services and healthcare services, parts of industries we feel are more resilient.. This copy is for your personal non-commercial use only. National Bank of Canada reported a first-quarter profit of $881 million, down from $930 million in the first quarter of 2022, as its provisions for credit losses ticked up. Read: OPTrust posts 15.3% net return, driven by private equity investments, We delivered strong results for our members despite the challenges brought about by a second year of a global pandemic, said Jo Taylor, president and chief executive office at the Ontario Teachers, in the release. GlobalCapital, is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730, Covered bond spreads poised to tighten as supply cools, Ruschpler leaves ADB funding team for internal move, Belgium cuts stake in BNP Paribas but keeps seat on board, Santander hops into lively Kangaroo market after NAB tier two, Credit Suisse loses two more from credit sales. In a rare interview, Mr. Taylor said OTPP is looking more closely at both the returns its private equity portfolio generates, and whether it can have "sufficient influence" at the companies it invests in. Ontario Teachers' Pension Plan, known widely as a top private equity investor, is perhaps underestimated in its foremost role as a buyer and seller of companies. 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. Private Equity salaries at Ontario Teachers' Pension Plan can range from $52,422-$57,673. Through growth equity, structured equity, buyouts or co-investing with other top-tier partners, we focus on positions where we can play a larger role in building stronger companies. Where other international investors may face capital constraints, the fund has a healthy balance sheet with about $8 billion ready to invest, he said. Ontario Teachers' Pension Plan has acquired a majority stake in Nvision Eye Centers, an Aliso Viejo, California-based provider of comprehensive eye care services. The Ontario Teachers' Pension Plan is gearing up for a fresh C$70bn push into private markets, spanning assets from infrastructure to real estate, as one of the world's largest retirement. The equities group is made up of private capital and high-conviction equities, which invests across the capital structure of listed businesses. The store will not work correctly in the case when cookies are disabled. We pay pensions and invest plan assets on behalf of 329,000 working and retired teachers. TricorBraun operates from 50 locations globally. 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. 2023 Ontario Teachers Pension Plan. The company serves consumer packaged goods companies, from cutting-edge start-ups to the worlds most iconic brands, and is a critical packaging provider for the essential personal care and household cleaning, food and beverage, and healthcare/nutraceutical industries. The private capital team has long specialized in six sectors: consumer, diversified industrials and business services, financial services, healthcare, sustainability and energy transition, and tech, media and telecom. The Ontario Teachers also invested or committed an additional $5 billion last year into green or transition assets, as part of its pledge to achieve net zero on its investment activities by 2050. 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. Teachers' Private Capital is the direct investment arm of the Ontario Teachers' Pension Plan. We believe that TricorBrauns deep expertise, entrepreneurial approach, strong track record, and exceptional culture differentiate the company from its peers, said Brian Klos, Partner, Ares Private Equity Group. Senior team members include Romeo Leemrijse and Bogdan Cenanovic, global group sector heads; Harj Shoan, global head of funds; Jean-Charles Douin, head of private capital EMEA; Raju Ruparelia, head of private capital APAC; and Maggie Fanari, head of high-conviction equities. Key stories on business-standard.com are available to premium subscribers only. TricorBrauns leadership team will also retain a significant investment in the company, as will its current majority owner, AEA Investors. 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.. All For more information, visit otpp.com and follow us on Twitter @OtppInfo. That still fell short of an internal benchmark targeting a gain of 7.2 per cent for the year, but it comes after other large pension managers, including the Caisse de dpt et placement du Qubec, reported losses in recent weeks. Subscribe to our Newsletter to increase your edge. ophthalmology investments, including last years Veonet, owe to in-house domain expertise acquired over time. The trend toward more direct and control deals by large pension and sovereign investors has picked up in recent years. We dont just invest to make a return; we invest to make a mark. Ontario Teachers' Pension Plan said equity gains helped offset fixed income and currency losses in the first half of the year, giving the Toronto-based retirement fund manager a 3.8% return for . All rights reserved. Founder Marg Randles and Group CEO Simon Irons share how Busy Bees' partnership with Ontario Teachers' helped their company grow from 230 nurseries in the UK to 910 across 10 countries, including Singapore, Australia and Canada. 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. to colleagues, clients or customers, or inquire about . A growing chorus of experts say they are, Caisse de dpt et placement du Qubec reports loss of 5.6 per cent in 2022, Ontario Teachers Pension Plan becomes second public pension to write off crypto bet, The Toronto Star and thestar.com, each property of Toronto Star This copy is for your personal non-commercial use only to learn how this stacks up in the market funds see! Now leaning into sectors like financial services and healthcare services, parts of industries feel! Rigid plastic packaging solutions investment groups collaborate to deliver innovative investment solutions and consistent, attractive investment returns fund! Managements investment groups collaborate to deliver innovative investment solutions and consistent, attractive investment for... For OMERS of industries we feel are more resilient operate globally with offices in New York, Connecticut London!, economics and investments on business-standard.com are available to premium subscribers only return we... 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