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OMERS
The Ontario Municipal Employees Retirement System (OMERS) is a Canadian public pension fund, headquartered in Toronto, Ontario. OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by Ontario provincial statute to administer retirement benefits and manage pension investment funds of local government employees in the Canadian province of Ontario. As of December 31, 2024, OMERS had C$138.2 billion of assets under management, and an 8.3% investment return for the year. OMERS serves over 1,000 participating employers and more than half a million active, deferred and retired employees. OMERS members are employed by municipalities, school boards, transit systems, local electrical distribution companies, police service boards, fire fighting and paramedic services, children's aid societies and associated local agencies, boards and commissions. OMERS members include union and non-union employees of municipalities, school boards, local boards, ...
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Oxford Properties
Oxford Properties is a Canadian multinational corporation, with operations in real estate investment, development and property management. Its portfolio includes office, retail, industrial, multi-residential, life sciences and hotel assets. Established privately in 1960 and later wholly owned by the Ontario Municipal Employees Retirement System (OMERS) since 2003, the company is headquartered in Toronto with regional head offices in New York City, London, Australia, Singapore and Luxembourg. The organization has 2,000+ employees and approximately C$70 billion of assets that it manages for itself and on behalf of its investment partners. Oxford's owned portfolio represents more than 150 million square feet in key cities and high-growth hubs. Some of its most notable properties include Hudson Yards, Yorkdale Shopping Centre, Fairmont Banff Springs Hotel, Olympic Tower and The Center Potsdamer Platz (formerly the Sony Center). Oxford also owns a portfolio of luxury hotels in Canad ...
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Blake Hutcheson
Blake Hutcheson (born 1962) is President and CEO of OMERS. He was appointed OMERS President and Chief Pension Officer in 2018. He previously served as President and CEO of Oxford Properties Group Inc since 2010, and in 2014 he also became Chief Investment Officer, Real Estate and Strategic Investments and added the OMERS Platform Investments portfolio. Prior to OMERS, Blake was Head of Global Real Estate with Mount Kellett Capital Management, a New York-based private equity firm. Previously, he was Chairman and President of Canadian, Latin American, and Mexican operations for CB Richard Ellis. Blake attended Upper Canada College before graduating from the University of Western Ontario. He also completed a Graduate Diploma in International and Comparative Politics at the London School of Economics and a Master's Degree in Real Estate Development at Columbia University. Hutcheson was listed in Canada's ''Top 40 Under 40''. In January 2024, he was appointed to the Order of On ...
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Maple Leaf Sports & Entertainment
Maple Leaf Sports & Entertainment Ltd. (MLSE) is a professional sports and commercial real estate company based in Toronto, Ontario, Canada. With assets that include franchises in four of the six major professional sports leagues in the United States and Canada, it is the largest sports and entertainment company in Canada, and one of the largest in North America. The primary holdings of the company are its major sports franchises, the Toronto Maple Leafs of the National Hockey League, Toronto Raptors of the National Basketball Association, Toronto Argonauts of the Canadian Football League, and Toronto FC of Major League Soccer, as well as their minor league farm teams, the Toronto Marlies of the American Hockey League (AHL), Raptors 905 of the NBA G League and Toronto FC II of the MLS Next Pro, respectively. In addition, it owns Scotiabank Arena (originally named Air Canada Centre), the home arena of the Maple Leafs and Raptors, and the OVO Athletic Centre (originally named BioS ...
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Thames Water
Thames Water Utilities Limited, trading as Thames Water, is a British private utility company responsible for the water supply and waste water Wastewater (or waste water) is water generated after the use of freshwater, raw water, drinking water or saline water in a variety of deliberate applications or processes. Another definition of wastewater is "Used water from any combination of do ... treatment in most of Greater London, Luton, the Thames Valley, Surrey, Gloucestershire, north Wiltshire, far west Kent, and some other parts of England. Like other water companies, it has a monopoly in the regions it serves. With origins dating back to the formation of the New River Company in 1609, Thames Water was established in 1989 during Water privatisation in England and Wales, privatisation of the water industry in England and Wales. The name of the company reflects its role serving the drainage basin of the River Thames; water is sourced from the Thames as well as a number of othe ...
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Maple Eight
The Maple Eight (Maple-8 or Maple 8) refers to the largest eight Canadian pension funds. The investment approach used by the Maple-8 is known globally as the 'Canadian model', in which they utilize a direct investment approach and internally manage their own assets and portfolios. Collectively, the pension funds control approximately $2.2T in assets, and are heavily influential in Canadian and global investment markets. The Maple-8 Members History In 1986, when the Government of Ontario sought to improve its public sector pension plans, investment strategist Keith Ambachtsheer recommended Peter Drucker's model, as outlined in his 1976 book, "The Unseen Revolution”. Drucker posited creating a more diversified, globally oriented investment portfolio, handled by hired, not appointed, non-political professionals who received competitive remuneration, would lead to higher returns. The Ontario Teachers' Pension Plan was the first to adopt the model in 1990 then other pension ...
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Larry Tanenbaum
Lawrence M. Tanenbaum (born 1945) is a Canadian businessman and chairman of Maple Leaf Sports & Entertainment (MLSE). He owns a 25% stake in MLSE through his holding company Kilmer Sports Inc. Early life Tanenbaum was born to a Jewish family, son of Max (owner of York Steel) and Anne Tanenbaum, and earned a Bachelor of Science degree in economics from Cornell University in 1968. The family's patriarch, Abraham Tanenbaum, left Parczew, Poland, north of Lublin, for New York in 1911. Two Toronto-bound friends from the same town persuaded Abraham to join them. Shortly after arriving in Toronto, Abraham was driving a horse and cart through residential and industrial areas of Toronto looking for scrap metal. By 1914, just before the war in Europe, Abraham had saved enough to bring his wife, Chippa Sura, and two young sons Joseph and Max to accompany him in Toronto. Abraham prospered and constructed the Runnymede Iron and Steel Company into a major steel fabrication company and rea ...
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Pension Fund
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides pension, retirement income. The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 Trillion (short scale), trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. Classifications Open vs. closed pension fund ...
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Yorkdale Shopping Centre
Yorkdale Shopping Centre is a shopping mall in Toronto, Ontario, Canada, at the southwest corner of the Ontario Highway 401, Highway 401 and Allen Road interchange. It spans of selling space and has sales of per square foot ( per square metre), making it the country's List of largest shopping centres in Canada, third-largest mall by area, and the mall with the highest sales per unit area. It is one of the country's busiest malls, with 18 million visitors annually, and many international retailers have entered the Canadian market at Yorkdale. It opened in 1964 as the largest enclosed shopping mall in the world. Yorkdale is currently owned by a joint venture between the Ontario Municipal Employees Retirement System (OMERS) through its subsidiary Oxford Properties Group and the Alberta Investment Management Corporation. Development Construction and design In the 1950s, the department store chain Eaton's, T. Eaton & Co. bought a site at Dufferin Street and Highway 401 for ...
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Bruce Power
Bruce Power Limited Partnership is a Canadian business partnership composed of several corporations. It exists (as of 2015) as a partnership between TC Energy (31.6%), BPC Generation Infrastructure Trust (61.4%), the Power Workers Union (4%) and The Society of United Professionals (1.2%). It is the licensed operator of the Bruce Nuclear Generating Station, located on the shores of Lake Huron, roughly 250 kilometres northwest of Toronto, between the towns of Kincardine and Saugeen Shores. It is the fourth-largest operating nuclear plant in the world by capacity. Bruce Power operates eight nuclear reactors on Lake Huron, where it leases the Bruce site from Ontario Power Generation. With those eight units in operation, the facility has a capacity of 6,400 megawatts and typically supplies nearly 30 percent of the electricity used in Ontario's provincial power grid. Bruce Power became the world's largest operating nuclear facility in 2012, when Units 1 and 2 returned to operatio ...
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Scarborough Town Centre
Scarborough Town Centre (STC) is a shopping mall in Toronto, Ontario, Canada. Central to the Scarborough City Centre district, it is adjacent to Scarborough Centre station, the Scarborough Centre Bus Terminal and the CTV Toronto studios ( 9 Channel Nine Court). Opened in 1973, the mall is the fourth largest shopping mall in Canada and third in Toronto by retail space. Description The mall is located on the north side of Albert Campbell Square, across from the Scarborough Civic Centre. The mall is served by Highway 401 and can also be reached through a turnaround ramp on McCowan Road, Progress Avenue, and Brimley Road. The TTC's Line 3 Scarborough had a station adjacent to the mall, Scarborough Centre, opened in 1985 with service running southwest to Kennedy station on the Bloor–Danforth line and east to McCowan Station, but it closed permanently in 2023. Scarborough Centre is a busy terminal for a number of TTC, GO Transit and Durham Regional Transit bus routes. S ...
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Pension Fund
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides pension, retirement income. The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 Trillion (short scale), trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. Classifications Open vs. closed pension fund ...
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EY Tower
The EY Tower (formerly known as the Ernst & Young Tower and 100 Adelaide Street West) is a skyscraper in Toronto, Ontario, Canada at 100 Adelaide Street West. The building was designed by Kohn Pedersen Fox and WZMH Architects. Original site At its 1928 opening, 100 Adelaide Street West, was the Concourse Building which was a 14-story Art Deco structure. The building tenant was the Toronto Industrial Commission, which promoted the city as a hub of finance and business in Ontario. The building was famous for its mosaics by Group of Seven member J.E.H. MacDonald. The Concourse was designed by the firm of Baldwin and Greene. Oxford Properties took control of the building in 1998 and released plans to replace the Concourse Building with a new tower. The Concourse's defenders tried to find a buyer for the building, though Oxford refused to sell the site. The decision to demolish the Concourse Building was controversial, but the Toronto and East York community councils ultimately ...
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