Pensions
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 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.