Launched in 2006 to build diversified private equity and infrastructure portfolios
OPTrust's private markets program was launched in 2006 to build diversified private equity and infrastructure portfolios that will eventually account for 30% of the Plan's total assets (15% each). In 2013, these portfolios reached a combined market value of $3.1 billion at year-end, up from $2.5 billion in 2012.Fiscal 2013 was a productive year for the Private Markets Group, with 11 new commitments made to both fund and direct investments. The current portfolio, now over 50 investments, is well diversified across a base of parameters including strategy, geography, vehicle and sub-asset class.Infrastructure investments continued to perform well in 2013, returning 11.8% net of external management fees, on an IRR basis, which is above the infrastructure benchmark return of 6% (CPI + 5%). Since the portfolio’s inception in 2006, OPTrust’s infrastructure investments have generated an average net annual return of 16.6% compared to 6.1% for the portfolio benchmark.Private equity holdings generated a net return of 11% for the year on an IRR basis, below the benchmark return of 24.6% which was exceptionally high due to very strong public markets performance. Since its inception in 2007, the portfolio has exceeded its benchmark return, producing an average annual return of 6.5% compared to 4.6% for the portfolio benchmark.Choose the tabs below for more information on our Private Markets Group, case studies from our portfolio, or contact information for our internal investment team.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Jan 4, 2022
Lineage Logistics
|
Private Equity(PE) | $1.70B | Food Delivery | — |
Mar 11, 2021
Lineage Logistics
|
Private Equity(PE) | $1.90B | Food Delivery | — |
Sep 16, 2020
Lineage Logistics
|
Private Equity(PE) | $1.60B | Food Delivery | — |
May 7, 2020
Judo Bank
|
Series C | $230M | Banking | — |
Jul 29, 2019
Judo Bank
|
Series B | $400M | Banking | — |