OMERS Reports Strong 2010

The Ontario Municipal Employees Retirement System experienced a rise in both its net assets and total rate of return last year. The Canadian pension fund closed up 2010 with CAD53.3 billion of net assets, an increase from CAD47.8 billion at the end of 2009, and its total rate of return for 2010 was 12.01%, up from 10.6% in 2009. OMERS Private Equity, which manages the pension fund's PE investments through direct investments in private companies and through third-party funds, posted a 22.21% return for 2010.