Former CPP man takes the helm
OMERS has appointed Michael Hill to lead its global infrastructure endeavors, assuming his role on September 5. Operating from New York, Hill will directly report to chief investment officer Ralph Berg, as confirmed by OMERS on Wednesday.
Hill's appointment follows the departure of Annesley Wallace, who left OMERS in April. The company disclosed that Wallace joined energy infrastructure firm TC Energy after leaving her role. The responsibilities handed over to Hill encompass overseeing the comprehensive spectrum of global infrastructure investment and asset management programs within the organization.
OMERS Infrastructure, responsible for advising and managing the institution's infrastructure investments, currently handles a substantial portfolio valued at approximately $34 billion. For broader context, OMERS' total net assets stood at $124.2 billion at the close of December 31.
Prior to joining OMERS, Hill held positions at Canada Pension Plan Investment Board (CPP), including managing director, head of Americas, sustainable energies, and head of New York.
