Borealis Infrastructure, the infrastructure investment advisory and management arm of OMERS, the Canadian-based pension plan for Ontario’s municipal employees, will now operate as OMERS Infrastructure Management Inc (OMERS Infrastructure).
“The name OMERS Infrastructure helps the global marketplace recognize our direct connection to the more than 470,000 members of OMERS, on behalf of whom we manage a portfolio of investment assets,” says Michael Rolland, Chief Investment Officer, OMERS Private Markets.
OMERS investments in infrastructure via Borealis date back to 1999, and have evolved substantially since inception. “Now active across four continents, we are one of the world’s largest direct investors in infrastructure. Our offices in Toronto, London, New York, Amsterdam and Sydney, are consistently expanding our track record of successful cooperation with like-minded partners, as we seek to grow our investment footprint,” adds Rolland.
“A key part of OMERS investment strategy is owning and managing some of the highest-quality assets in the world. OMERS steady growth over the years, to more than CAD85 billion in total assets under management, reflects in large part the quality of relationships we continue to build with the global investment community. Today’s name change positions us to further extend our reach, and embark on a new chapter in the OMERS story,” he says.
“While the name is changing, our patient and disciplined approach that emphasises diversified investment in large-scale infrastructure businesses and takes a long-term view remains our focus. We look forward to continuing to work the same way with our investing partners, governments, regulators, and the local communities we serve,” he adds.
The transition to the new name and to the use of the OMERS visual identity is underway and will continue throughout the remainder of 2017, including in the operations of the Global Strategic Investment Alliance (GSIA), a co-investment program developed by OMERS.