OMERS Capital Partners catapulted into existence in 2004 as the $48 billion (€31 billion) Ontario Municipal Employees Retirement System dramatically shifted its attention to alternatives.
Looking to move away from a heavy 80 percent allocation to publicly traded stocks and bonds, and more towards real estate, private equity and infrastructure – asset classes in which it had been successfully investing for years – the Canadian pension upped its alternatives target to 35 percent from 18 percent and created three investment companies, one for each asset class.
