Omers appoints CAAT exec to lead private equity funds strategy
Omers has appointed Adam Buzanis as head of funds as the Canadian pension fund continues to expand its private equity fund investment platform and increase its focus on co-investments and external manager relationships, according to a report by Bloomberg.
Omers has named Adam Buzanis as the head of private equity funds, as the Canadian pension fund broadens its focus on private equity investments and seeks to enhance co-investment opportunities. Bloomberg reported the move, which follows Buzanis' tenure at CAAT Pension Plan, where he served as head of private markets before leading the private equity strategy.
Buzanis is set to assume the new role on August 3rd, reporting to Michael Block, who oversees private capital investments at Omers. The appointment reflects Omers' strategic shift towards fund investments and partnerships with external managers, as opposed to traditional direct buyouts. As head of private equity funds, Buzanis will be tasked with crafting Omers' external private equity funds strategy and expanding the pension plan's co-investment programme.
This appointment is part of a string of senior leadership changes within Omers' investment division. Recently, Ralph Berg left Omers to join Temasek, while Michael Hill was promoted to global head of infrastructure and private equity, and Michael Block's responsibilities were expanded across private capital. Over the past two years, Omers has been repositioning its private equity platform, moving away from direct buyout activity in Europe to instead invest alongside strategic partners and through third-party private equity fund managers.
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