Ontario Teachers’ Reroutes Some Cash Into Public Markets

Ontario Teachers’ Pension Plan Chief Executive Officer Jo Taylor said that the pension is “warehousing” capital in public markets after selling several assets within its private market portfolio last year.

The pension plan “sold some private equity assets” and “our plan is to reinvest that capital,” Taylor said in an interview with Bloomberg TV in Davos. “We are really just warehousing it until we know where we want to redeploy it.”