“We’re not looking for capital, but some of these partners have some very interesting strategic value for us that we like a lot,” he said, adding that a deal should be closed soon. Below, John Ruffolo, founder of OMERS Ventures and co-founder of the Council of Canadian Innovators, spoke at the TechTO Health conference via a webcast earlier this summer discussing his thoughts around the impact of a global pandemic on innovation in health tech. OMERS Ventures has had 9 exits. OMERS Ventures, the venture capital investment arm of the OMERS pension plan, announces Jim Orlando is joining its team as Managing Director. It will be larger than our first fund, which was C$200 million ($183 million),” he said. David graduated from Stockholm School of Economics with a double degree in Business & Retail Management. Also headquartered in Toronto. A York Regional Police report at the time characterized the injuries as fatal. Our Standards: The Thomson Reuters Trust Principles. OMERS Ventures CEO “Our thoughts are with him and his family right now.” Ruffolo also helped found OneEleven and the Council of Canadian Innovators, where he currently serves as vice-chair. It is only the second private venture capital fund in Canadian history to launch with over a billion Canadian dollars, based on current exchange rates. Headed up by Harry Briggs, who was previously at BGF Ventures, Omers Europe will back companies at Series A … “CEO, by definition, means the head of the whole enterprise, and OMERS is one enterprise,” he noted. Location: Europe You really saw the benefit, having a diverse group of people, all tackling innovation as it relates to their industries and companies. And as soon as COVID hit, simply out of respect for those organizations and the challenges that we’re all facing, we decided to put those discussions on pause,” said Steel, adding that he plans to resume … The statement did not indicate why Ruffolo is stepping down. Damien Steel, OMERS Ventures’ head of venture capital, told The Logic COVID-19 is the main reason no other investors have committed to the fund. Previously, David ran several pet-related startups in the Nordics, growing them from early stage opportunities to exits. Canopy Rivers Appoints Former OMERS Venture Capital Specialist as President TORONTO, Jan. 17, 2019 (GLOBE NEWSWIRE) -- Canopy Rivers Inc. (the “ Company ” or “ Canopy Rivers ”) (TSXV: RIV) today announced that Narbe Alexandrian has been appointed as President of … Damien Steel: "Hopper is one of the only companies I know of in Canada that has literally no ceiling to its opportunity.” globally in high-quality private equity and infrastructure assets, across various markets and geographies -- while working in partnership with strong management teams. OMERS Ventures founder John Ruffolo has been paralyzed from the waist down following a cycling accident that took place in Markham, Ontario last week. John Ruffolo, CEO of OMERS Ventures, is leaving the firm, Ontario Municipal Employees Retirement System said. However, after months of negotiations it has not yet received the backing of any other institutional investors. TORONTO (Reuters) - The venture capital arm of one of Canada’s largest pension funds is raising a second, larger round of funding to invest in Canadian technology startups, its chief executive said on Thursday. David is the founder and CEO of FirstVet. London. OMERS Ventures has made 86 investments. My specific focus is on investing in workplace technology and consumer companies. London. John Ruffolo out at OMERS Ventures. at the Milken Institute Global Conference in Beverly Hills, California May 1, 2012. John Ruffolo, CEO of OMERS Ventures, is leaving the firm, Ontario Municipal Employees Retirement System said. VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 11/03/15 -- Canada's largest tech conference will feature the man described as Canada's most powerful business person. OMERS Ventures 544. OMERS Ventures is the venture capital investment arm of OMERS, one of Canada's largest pension funds with over $100 billion in net assets. The VC arm has already put the second fund to work in its four most recent deals, Ruffolo said. OMERS diversified portfolio includes investments in fixed income, inflation-linked bonds, public equities and real estate. Finally, we are excited to work alongside CEO Jager McConnell, the … As of December 2019, OMERS had C$109 billion in net investment assets. See here for a complete list of exchanges and delays. OMERS' "faith in the … future of that economy" — the U.K. — is further underscored by the fact it put a ventures team in London in early 2019. International expansion Year of Investment: 2016 John Ruffolo is out as CEO of OMERS Ventures, the venture division of one of Canada’s largest pension funds. We are thrilled to support CEO Fred Lalonde & the entire Hopper team. The venture capital arm of one of Canada's largest pension funds is raising a second, larger round of funding to invest in Canadian technology startups, its chief executive said on Thursday. OMERS Infrastructure is a leading investor and asset manager. OMERS Ventures … “I never anticipated for our next fund to be anyone but OMERS and now there is unsolicited interest,” Ruffolo said. OMERS Infrastructure is a leading investor and asset manager. “Along with the entire tech community, we were shocked and saddened to hear news of John’s accident,” OMERS Ventures’ managing partner and head of ventures, Damien Steel, said in a statement to BetaKit. Omers Ventures, the venture capital arm of Canadian pension fund Omers, is officially launching a new €300 million fund aimed at European technology startups. Hopper, the world's fastest growing travel booking app, today announced US $100 million (CA ~$128 million) in Series D financing led by OMERS Ventures. The firm is not looking to fill the CEO role at OMERS Ventures, Steel told The Logic. Stay tuned for more to come on this area of investment for OMERS Ventures. FirstVet is a mobile app service that offers video call veterinary consultations for pet owners to provide instant peace of mind about the health of their pets. OMERS Ventures has already secured some funding from its parent, the Ontario Municipal Employees Retirement System, for the second round and has invested some of it, but is now negotiating for more funding from outside sources, CEO John Ruffolo told Reuters on the sidelines of a technology conference. Mr. Ruffolo forged a reputation … And then COVID hit. Acting on behalf of OMERS, OPM (OMERS Infrastructure and OMERS Private Equity) invests . He joined the company as it became a venture-backed startup in enterprise data. Previously, David ran several pet-related startups in the Nordics, growing them from early stage opportunities to exits. : 8697, TSE 1st Se ction) I nqui ries: Cor porat e Communica tions ( TEL: +81-3- 3666- 1361) Business Improveme nt Orders on System Failure and Clarific ation of Locus of Responsibil ity We deeply apologize again for the inconvenience caused to investors and other market users due to the system failure on October 1, 2020. OMERS Ventures founder John Ruffolo was paralyzed from waist to toe in a cycling accident in Markham, Ont., Last week.Ruffolo posted to social media on Monday, noting that on Wednesday of last week he had an accident with a transport truck while riding a bicycle. Learn More. B2b Founded. In 2018, … OMERS was the sole provider of funds for the initial round, which sought to support Canadian tech startups, an area in which funding has floundered since the Internet bubble burst. Former Uber exec joins OMERS Ventures in Europe Read More Quorso Announces $5.2m Series A to fund global commercial expansion. We’ve been backing founders building disruptive tech businesses for nearly a decade. Tune into the series premier of The Disruptors, at 8:30 P.M ET and 5:30 P.M PT, to hear John Ruffolo, the CEO of Omers Ventures explain why … Partner It was the first time at OMERS that we brought our venture CEOs, and it was incredible. Portfolio. Their most recent investment was on Sep 9, 2020, when Klue raised $15M. OMERS Ventures OMERS Ventures is the venture arm of the Ontario Municipal Employee Retirement System (#OMERS), one of Canada's leading pension funds. The Ontario Municipal Employees Retirement System (OMERS) is a Canadian pension fund created by Ontario provincial statute in 1962 to manage the retirement benefits of all local government employees in the Canadian province of Ontario. Jager is the CEO of Crunchbase. We make long-term, direct investments in vital infrastructure assets on behalf of OMERS members. Investments The Ontario Municipal Employees Retirement System launched an in-house venture program in 2011, making it one of the few pensions worldwide to invest directly in the asset class. Show All. Isabelle Pagnotta. OMERS | 27.937 Follower auf LinkedIn We're one of Canada's largest defined benefit pension plans, with $109 billion in net assets (as at December 31, 2019). OMERS Ventures founder John Ruffolo was paralyzed from waist to toe in a cycling accident in Markham, Ont., Last week.Ruffolo posted to social media on Monday, noting that on Wednesday of last week he had an accident with a transport truck while riding a bicycle. Damien Steel is Managing Partner/Head:Ventures at Omers Ventures. A free inside look at OMERS salary trends based on 171 salaries wages for 97 jobs at OMERS. Founded: 2007 OMERS Ventures has made 4 diversity investments. Managing Director. "OMERS believes innovation is global – that entrepreneurs are disrupting industries in every region of the globe. “We have various investment classes across the enterprise, but we’re one organization and that’s important to continue to solidify.” Ruffolo led OMERS Ventures for seven years, from its founding in 2011 until December … It has become one of the largest institutional investors in Canada. Sophia Kunthara interviews WorkRamp's CEO Ted Blosser on how the OMERS Ventures lead funding will accelerate the growth of learning management systems across enterprises. Jager McConnell. OMERS Ventures is negotiating for an additional capital injection from at least one external strategic partner. All quotes delayed a minimum of 15 minutes. “Those discussions were going great. Prior to joining Crunchbase, Jager spent 11 years at Salesforce in various roles across sales, marketing, and product development. David Prien. Today, the C$85.2 billion ($67.5 billion) OMERS is feeling pretty good about that bet, OMERS Ventures Chief Executive John Ruffolo told Venture Capital Journal. We make long-term, direct investments in vital infrastructure assets on behalf of OMERS members. David is the founder and CEO of FirstVet. Executive Offi cer, Gr oup CEO ( Code No. OMERS Ventures is a multi-stage and multi-sector venture firm with offices in Palo Alto, Toronto, and London. 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