Newsmakers
OMERS Names Luca Lupo as European Infrastructure Head
Based in London, Lupo will oversee the Ontario Municipal Employees Retirement System’s infrastructure investments in Europe.
The issuance from the Ontario pension subsidiary is the largest to date within the Canadian power and utilities sector.
The Canadian pension fund returned 2.2% during the first half of 2025 to raise its asset value to C$140.7 billion.
Institutional investors say Ofwat inaction is preventing them from providing further funding to the beleaguered utility.
That’s nearly five times its valuation in 2012, when Ontario Teachers’ sold its 79.53% stake for almost $1.3 billion.
The partnership aims to invest in senior direct lending opportunities in Asia Pacific.
Hill was most recently managing director and head of the sustainable energies group at Canada’s largest pension fund.