The Ontario Municipal Employees’ Retirement System’s private equity arm is backing the series B investment round for a U.S. medical company specializing in surgical and cancer care.

Carrum Health, a health-care platform for self-funded employers, secured US$45 million from investors during the funding round, with OMERS Growth Equity serving as the lead investor. The digital platform, which allows self-funded employers to buy specialized surgical and cancer care, also provides patients with access to treatment guidance and coordination.

In a press release, Teresa Lee, managing director of OMERS Growth Equity, said the company offers an innovative, scalable approach to value-based care. “The company is well-positioned to transform how health care is delivered and paid for and we look forward to supporting the management team in realizing that vision.”

Read: Caisse investing in Quebec asset management development organization, OMERS completing U$1 BN term note issuance

In other news, the Caisse de dépôt et placement du Québec and the Bâtirente are among a group of investment organizations backing a fund that will incorporate environmental, social and governance criteria and sustainable finance.

The Investi fund is managed by Innocap Investment Management Inc., a Montreal-based firm backed by the Caisse. The fund will use sustainable investment strategies and seek to raise the profile of Quebec’s ESG asset management ecosystem. So far, it has gathered $300 million in expressions of interest and aims to raise commitments of $1 billion before its launch in 2025.

“As a leader in responsible investment, Bâtirente believes that actively managing ESG risks and investing in impact strategies contribute to the economic and social development of Quebec,” said Éric Filion, the organization’s chief executive officer, in a press release. “That’s why we are proud to partner with the Investi fund and contribute to the development of Quebec’s leadership in sustainable finance.”

“Taking ESG factors into account lets us better measure a company’s long-term viability and gain a deeper understanding of the risks it faces, so it’s important to equip asset management firms with the tools to adopt best practices,” added Mario Therrien, head of investment funds and external management at the Caisse.

Read: Caisse buys shares in Montreal-based investment firm