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Borealis Infrastructure announces name change to OMERS Infrastructure

TORONTO, Aug. 30, 2017 (GLOBE NEWSWIRE) -- Borealis Infrastructure, the infrastructure investment advisory and management arm of OMERS, the Canadian-based pension plan for Ontario’s municipal employees, announced today that it 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,” said 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,” added Mr. 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 $85 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 said.

“While the name is changing, our patient and disciplined approach that emphasizes 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 concluded.

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.

About OMERS Private Markets:

OMERS Private Markets, including OMERS Infrastructure and OMERS Private Equity, invests globally in infrastructure and private equity assets on behalf of OMERS, the pension plan for Ontario’s municipal employees. Investments are focused on steady returns to help deliver strong and sustainable pensions to OMERS members. OMERS diversified portfolio of large-scale infrastructure assets exhibits stability and strong cash flows. OMERS Private Markets has offices in Toronto, New York, London, Amsterdam and Sydney. Visit www.omersprivatemarkets.com

About OMERS:

Founded in 1962, OMERS is one of Canada’s largest defined benefit pension plans, with more than $85 billion in net assets, as at December 31, 2016. OMERS invests and administers pensions for more than 470,000 members from municipalities, school boards, emergency services and local agencies across Ontario. OMERS has employees in Toronto and other major cities across North America, the U.K., Europe and Australia – originating and managing a diversified portfolio of investments in public markets, private equity, infrastructure and real estate. For more information, please visit www.omers.com.


Contact: Neil Hrab, nhrab@omers.com 416-369-2418

Source: OMERS