Ontario Municipal Employees Retirement System (OMERS) is Ontario’s second largest PPFs, just behind Teachers. It is the Canadian PPF with most allocation to alternatives (61%) and it conducts its investment pursuits through its wholly owned subsidiaries Oxford Properties (real estate), OMERS Infrastructure (formerly known as Borealis) and OMERS Private Equity and Ventures. With ten satellite offices besides the Toronto HQs, it is one of the most prolific SWFs or PPFs growing tentacles abroad.