OMERS launches investment subsidiary to invest in private companies

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CANADA - The Ontario Municipal Employees Retirement System (OMERS) has launched OMERS Strategic Investments, a new entity which will invest in a portfolio of global private companies.

The pension fund has also nominated Jacques Demers, a senior partner with law firm Ogilvy Renault in Toronto, as president and CEO of OMERS Strategic Investments effective 1 January 2009. Micha...

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