Private Equity
The terror attacks in Brussels won’t change the Ontario Teachers’ Pension Plan’s strategy of investing in infrastructure, Chief Executive Officer Ron Mock said. Ontario Teachers’, Canada’s third-largest pension fund, owns 39 percent of the main Brussels airport, and at this point has no estimates on the monetary costs of the attacks or when the airport will reopen, Mock said. The pension fund had about C$15.7 billion ($12.1 billion) invested in infrastructure at the end of December. Mock said the March 22 attacks won’t change Teachers’ strategy. “Those kinds of risks are always taken into account when we conduct our due diligence,” Mock told reporters in Toronto Wednesday. “We think about these things in a very broad sense. Whether you own a shopping mall or an investment in restaurants or anything. The reality is you have to think broadly about these issues.”