OMERS completed the acquisition of a 40% stake in RiverStone UK for $560m.

OMERS, a Canadian pension fund, completed the acquisition of a 40% stake in RiverStone UK, a run-off group of Fairfax, a property and casualty insurance company, for $560m. “The acquisition of RiverStone UK advances our strategy to make investments that can generate sustainable, stable income and growth. We are excited to work with Fairfax to maximize the value of this asset for our members,” Ken Miner, OMERS Executive Vice President and Global Head of Capital Markets.