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Canada’s pension giant to double private equity exposure by 2030

Omers' Mark Redman explains how the fund aims to allocate more to private equity using a 'cuddly capital' approach

Canada’s pension giant to double private equity exposure by 2030
Photo: Andrew Farley

The head of buyouts at one of Canada’s largest pension plans says the amount of cash it plans to invest in private equity will double to around C$30bn in the next 10 years.

Mark Redman, global head of private equity at Ontario Municipal Employees Retirement System, says the pension plan expects total assets under management to increase from C$100bn to C$200bn by 2030, with 15% of that targeted at private equity.

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