Canadian Pension Giant Takes 20% Stake in Australian Investment Manager
OMERS bought nearly 20% of La Trobe Financial from Brookfield.
OMERS bought nearly 20% of La Trobe Financial from Brookfield.
The combination will create creating a $571 billion manager with ‘complementary’ equity and fixed-income capabilities and a CLO and alternative credit platform.
The planned hub will be led by Apollo Capital Solutions’ Eric Needleman and Athene Holding’s Mike Downing.
Four candidates will be chosen to spend a year at Stanford University immersed in the investing program that debuted in 2024.
The combined business manages about $735 billion in assets.
The transaction’s strategic investors include the Qatar Investment Authority, Sun Hung Kai & Co. Ltd. and MassMutual.
A Janus Henderson special committee will consider the nonbinding takeover offer, which values the company at more than $7 billion.
Chief Investment Officer honored the institutional investors, asset managers and service providers driving innovation in their fields at the 2025 Industry Innovation Awards dinner.
A photo gallery from the Influential Investors Forum and the awards event is available here.