Pension Funds

Our Pension Funds group has experience serving Canadian pension funds and institutional investors on all manner of investments in Canada and internationally. An example of our experience includes the following:

• OMERS on its C$1.35-billion sale of LifeLabs to Quest Diagnostics Incorporated

• CPP Investments on a C$50-million investment in WSP Global Inc.

• Ontario Teachers’ Pension Plan Board on its acquisition of HomeQ Corporation, the parent company of HomeEquity Bank.

• Caisse de dépôt et placement du Québec, Investissement Québec and other participants on their investment in Inovia Capital’s C$450-million backing of domestic tech champions.

• Canadian counsel to TricorBraun, Inc. on its acquisition by Ares Management Corporation and Ontario Teachers' Pension Plan Board.

• Healthcare of Ontario Pension Plan in its €196-million sale of a 150-million-square-metre German logistics portfolio to Apeiron Capital Limited.

• Canadian counsel to Dell Technologies Inc. on its US$2.075-billion sale of RSA Security LLC to a consortium of investors led by Symphony Technology Group and including Ontario Teachers’ Pension Plan Board and AlpInvest Partners.

• Pattern Energy Group Inc. on its approximately US$6.1-billion proposed all-cash acquisition by Canada Pension Plan Investment Board.

• Public Sector Pension Investment Board and the Alberta Teachers’ Retirement Fund Board in their C$1.7-billion acquisition of AltaGas Canada Inc.

• Ontario Teachers' Pension Plan on an agreement with IFM Investors and British Columbia Investment Management Corporation to become equity partners in GCT Global Container Terminals Inc.

• Healthcare of Ontario Pension Plan on multiple acquisitions across Europe of large-scale build-to-suit logistics development properties.

• U.K. pension claimants in successfully obtaining a landmark "modified pro rata" allocation of US$7.3-billion raised from the sale of the Nortel Networks global business units and patent portfolio.

• Healthcare of Ontario Pension Plan or its subsidiaries on the joint venture investment in a C$287.5-million new 515-suite apartment building in Chicago known as “The Coast”; the C$240-million purchase of 50 per cent interests in Quinte Mall and Devonshire Mall; the acquisition of a 55 per cent interest in the Nexus 40-13 International Business Centre, Montréal, Quebec; the C$137-million purchase of Marlborough Mall, Calgary, Alberta; and the C$140-million purchase of Lansdowne Place, Peterborough, Ontario.

• H2O Power LP, a joint venture between the Public Sector Pension Investment Board and BluEarth Renewables Inc., on its C$400-million private placement to obtain credit facilities secured by its interest in hydroelectric facilities in Ontario.

• Ontario Pension Board and Workplace Safety Insurance Board on its C$1.9-billion purchase of an undivided 50 per cent interest in a 12-building portfolio of office buildings in downtown Vancouver, including the CF Pacific Centre regional shopping mall.

• DP World Limited on its joint venture with Caisse de dépôt et placement du Québec to create an investment platform focused on investing in ports and terminals globally.

• Oxford Properties Group in relation to the sale of a 50 per cent interest in a 4.2-million-square-foot portfolio of high-quality office properties in downtown Toronto and Calgary to Canada Pension Plan Investment Board for C$1.175-billion.

• BluEarth Renewables Inc., a portfolio company of Ontario Teachers’ Pension Plan, in connection with the acquisition of the development rights to three hydroelectric dams, known collectively as Narrows Inlet.

• Canada Pension Plan Investment Board, as Canadian counsel, on its acquisition of 40 per cent of Glencore Agricultural Products (Glencore Agri), valuing Glencore Agri at US$6.25-billion.

• Healthcare of Ontario Pension Plan in connection with a series of logistics developments in Europe.

• Borealis Transportation Infrastructure Trust, a subsidiary of OMERS Administration Corporation, in connection with a secured term loan facility for the Detroit River Rail Tunnel provided by a syndicate of lenders.

• A consortium composed of Placements CMI Inc., Caisse de dépôt et placement du Québec, Fonds de solidarité des travailleurs du Québec (F.T.Q.), Fonds Manufacturier Québécois II s.e.c. and Investissement Québec in connection with the financing of its acquisition of Manac Inc., a North American leader in the design and manufacture of specialty trailers.

• MidOcean Partners and PSP Investments in the US$560-million sale of the Noranco business to Precision Castparts Corp.

• Ontario Pension Board on its C$960-million purchase of an undivided 30 per cent interest in the six-building 4.5-million-square-foot Toronto-Dominion Centre in downtown Toronto, together with an office development site at 16 York Street in downtown Toronto.

• Canada Pension Plan Investment Board on their infrastructure fund called Wolf Infrastructure Inc.