Thursday, January 20, 2011

OMERS Eyes Shift into Private Market?

Tara Perkins of the Globe and Mail reports, OMERS eyes shift into private market:

Michael Nobrega, chief executive of the Ontario Municipal Employees Retirement System, has to figure out how to deploy about $20-billion into private investments in the next five years.

It’s a tall order, and it explains why Mr. Nobrega and his colleagues are opening new offices and courting well-connected partners in places such as London and New York.

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