Pensions
OMERS to Expand Investments in Italy With Acquisition of Transit and Advertising Network
The pension fund, along with DWS, will fully acquire Grandi Stazioni Retail.
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.
Hill was most recently managing director and head of the sustainable energies group at Canada’s largest pension fund.
The cash flow is solid, except for occasional problems like pandemic-reduced traffic volumes.
These vital physical assets are a steady-returning opportunity that American pension programs under-utilize, fans say.