Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeFinanceHill to lead OMERS private equity as CIO's exit triggers shuffleBased in New York, Hill came to Omers in 2023 from the CPPIBAuthor of the article:Last updated 41 minutes ago You can save this article by registering for free here. Or sign-in if you have an account.Pedestrians make their way past the entrance of 100 Adelaide Street West, which is home to the offices of Ernst & Young, TMX and Omers in Toronto on November 6, 2017. Photo by Peter J ThompsonOntario’s pension fund for local government workers is doing a shakeup of its investment team, elevating Michael Hill to global head of infrastructure and private equity and Scott McIntosh to lead equities.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe changes at the Ontario Municipal Employees Retirement System were prompted by the departure of chief investment officer Ralph Berg, who’s set to join Singapore’s Temasek.Based in New York, Hill came to Omers in 2023 from the Canada Pension Plan Investment Board, where he was focused on private equity investments across the energy sector. Earlier in his career, he had stints at Nomura, Deutsche Bank and Morgan Stanley. Prior to this promotion, he was Omers’ head of infrastructure.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againToronto-based Omers had $145 billion of net assets after posting returns of six per cent in 2025. But last year its private equity group reported its first annual loss since 2020, with a 2.5 per cent dip. The division had “weak performance” in its earlier-stage growth and venture portfolios, as well as currency losses, according to its annual report.As CIO, Berg spearheaded a revamp of Omers’ private equity unit. The pension plan halted direct buyout investments in Europe, shifting its focus to investing alongside partners and through external private equity managers. After Berg announced his departure, Omers chief executive Blake Hutcheson assumed the responsibilities of CIO.As part of the new structure, Michael Block will take on a wider mandate in Omers’ private capital investments, tasked with deepening the firm’s relationships with private fund managers, according to an internal note seen by Bloomberg News. He’ll report to Hill, as will Alexander Fraser.McIntosh is an Omers veteran who’s head of global multiasset strategies — a title he’ll keep as he assumes his new responsibilities as global head of equities, the memo said.Hill, McIntosh and three other executives — total portfolio management head Kenton Bradbury, global credit chief Kal Patel and Oxford Properties CEO Eric Plesman — will report directly to Hutcheson. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.