TORONTO – OMERS Private Equity today announced that Michael Graham, Global Head of Private Equity, will retire from OMERS in early 2025, following a successful decades-long career with the pension plan.
“Michael’s leadership has shaped our private equity business and culture over the years,” said Ralph Berg, OMERS Chief Investment Officer. “Under his watch, OMERS Private Equity has transformed businesses within its portfolio, positioning them to positively influence their sectors and communities well beyond the reach of private equity. After his retirement, we will continue to benefit from Michael’s perspective and guidance as he will stay close to our private equity business as a Senior Advisor. I would like to recognize Michael’s dedication to delivering on the pension promise and thank him for his 20+ years of leadership.”
Michael began his career with OMERS in 2004 as a Vice President on the Private Equity team in Toronto and in 2009 he moved to New York City to open the OMERS office on Park Avenue, assuming roles of increasing responsibility until his appointment as Global Head of Private Equity in early 2020. Over the years he has worked with the team to grow our private equity business from $1.5B CAD to approximately $25B CAD in assets under management.
Moving forward, senior leadership responsibility of the private equity business will be divided at the strategy level and transition to Eric Haley and Michael Block. Eric Haley’s title will change to, Head of Private Equity, Buyout and he will lead the buyout strategy and teams. Michael Block will take on an expanded mandate, leading a new group which will be named Private Capital, and his title will now be Head of Private Capital. His portfolio includes oversight across our Ventures, Growth, Green Tech, Life Sciences, European and Asia-Pacific private equity, as well as the development and execution of the new global funds strategy.
Commenting on the appointments, Ralph Berg added, “Both Michael and Eric are proven leaders and investors, each with a strong track record. We have the deepest confidence in them and congratulate them on their new roles.”
About OMERS Private Equity
OMERS Private Equity manages investments globally on behalf of OMERS, one of Canada’s largest defined benefit pension plans, with C$128.6 billion in net assets as of December 31, 2023, including approximately C$25.1 billion in net private equity investment asset exposure. With teams in New York, London, Toronto and Singapore, OMERS Private Equity invests across Industrials, Healthcare, Business Services and Technology, deploying an evergreen capital base to partner with strong management teams and transform good companies into industry leaders around the globe.