OMERS Infrastructure has reached its fundraising target for two of its largest-ever co-investment processes as part of its Strategic Partnership Program (SPP).
The co-investment processes involved two OMERS Infrastructure portfolio companies: Waveconn, a specialist developer, operator and investor in telecommunications infrastructure in Australia; and Direct ChassisLink Inc., one of the largest chassis providers in the United States. The Waveconn and DCLI processes include commitments from a number of new and existing strategic partners. Both processes reached final close in the second quarter 2023 and grew invested capital in the global third-party capital platform by C$525 million ($391 million) to more than C$6.6 billion ($5 billion).
Although specific details about the strategic partners were not disclosed, Irini Kalamakis, senior managing director and global head of strategic partnerships at OMERS Infrastructure, said, “Our strategic partners are a select group
