North America: OMERS adds to New York infrastructure team

25 January 2018 - 12:00 am UTC

Canadian pension fund Ontario Municipal Employees’ Retirement System (OMERS) has hired Michael Ryder as senior managing director to lead its Americas infrastructure team, Inframation has learned. 

Ryder, who started at OMERS’ New York office in mid-January, will be responsible for leading the Americas strategy in the OMERS Infrastructure Management vehicle through which the pension fund invests.

One of the reasons OMERS hired Ryder was his prior experience in energy, which is an area of focus for the pension, Inframation understands.

Before joining OMERS, Ryder was a senior managing director at Blackstone Energy Partners responsible for midstream energy and oilfield services investments. 

His previous stints include Morgan Stanley Private Equity, where he was a member of the investment committee responsible for sourcing, evaluating and executing investment opportunities in the energy and industrial sectors.

A spokesperson for OMERS declined to comment on the hire. 

OMERS made two investments in 2017, according to Inframation Deals. In April, the company acquired a 34.5% stake in the GNL Quintero LNG facility in Chile from Spanish utility Enagás for USD 341m.

In early November, the pension acquired a 4.36% stake in British water utility Thames Water from Hermes GPE, which increased the pension’s stake in the company to 27.43%. 

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