OMERS invests in Converge Information and Communications Technology Solutions
Client(s) OMERS Administration Corporation
Jones Day advised OMERS, the pension plan for Ontario's municipal employees, in connection with its cornerstone investment in Converge Information and Communications Technology Solutions ("Converge"), the largest fibre broadband provider in the Philippines, as part of Converge's initial public offering on the Philippine Stock Exchange. Converge raised approximately US$523 million in the largest listing in the Philippines since 2016, from investors including OMERS, Macquarie Funds Management, Genesis Investment Management, and Frontier Opportunities Fund.