Toronto-based pensions giant OMERS has signed on the dotted line to buy into $3 billion non-bank lender La Trobe Financial, six months after its owner Brookfield shelved an initial public offering and decided to hunt for private capital partners.
OMERS, which oversees $C151 billion ($153 billion) in client assets, has acquired an indirect minority interest in La Trobe via a Brookfield-managed fund.
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