Venture capitalists provide value for investors seeking to make allocations to early-stage or emerging firms, according to research from Rustam Abuzov, a PhD candidate at the Swiss Finance Institute and University of Lausanne. “There is a recent movement of pension funds to do direct investments into venture capital, getting rid of the middle man like […]
OMERS Ventures, the venture capital investment arm of the Ontario Municipal Employees Retirement System, is expanding into Europe with the launch of a 300 million euro fund. Focusing on innovative technology startups, the fund’s aim is to support a multi-year global strategy for OMERS, following a major uptick in startup activity in Europe, according to a release. […]
Private capital allocations to emerging markets hit unprecedented levels in 2018, totalling US$90 billion raised in private capital vehicles during the year and $US70 billion in disclosed capital invested according to the Emerging Markets Private Equity Association’s latest data. The capital raised represents a 39 per cent increase and the disclosed invested capital represents a […]
The Caisse de dépôt et placement du Québec is making investments totalling $127 million to two new funds formed by iNovia Capital, a Quebec venture capital firm. Initially, the Caisse will invest $100 million towards the fund targeting growing technology companies, while the remaining $27 million will be set aside for iNovia Capital’s startup fund. Read: […]
The Ontario Municipal Employees Retirement System is a direct investor across all its asset classes; however, as it continued to get bigger, it was missing a lot of growth opportunities below $100 million, said Sid Paquette, managing partner at OMERS Ventures. “I think they stepped back and said, ‘Listen, how do we capture some of […]
As alternative investments become ubiquitous among institutional portfolios, harnessing the right strategies will make all the difference in an environment where returns are proving harder to find, said John Gray, partner, Adams Street Partners at an event hosted by CI Institutional Asset Management on Wednesday. Private equity “In a world where everybody needs return . […]
OMERS Ventures, the venture capital arm of the Ontario Municipal Employees Retirement System, is expanding into the U.S. with an office in Silicon Valley, California. The firm is hiring Michael Yang, an experienced venture capital investor who’s especially familiar with investing in startup e-commerce and emerging technologies. “We are thrilled to expand our physical footprint with dedicated resources to deploy additional capital […]
Luge Capital, a venture capital fund backed by the Caisse de dépôt et placement du Québec, has completed a round of financing worth $75 million in order to begin its operations. The fund, which focuses on early-stage financial technology companies and artificial intelligence solutions applied to the financial services sector, first announced last fall that it had […]
The venture capital investment arm of the Ontario Municipal Employees’ Retirement System has successfully closed its third venture capital fund, with $300 million in commitments. The OMERS pension plan participated in the third fund alongside co-investors BMO Financial Group, CIBC, National Bank of Canada, Sun Life Financial, TD Securities and the Wafra Group. OMERS Ventures now […]
How aggregation theory is changing the world