Ontario Teachers’ Pension Plan (Teachers’) and Hastings Funds Management (Hastings) have jointly entered into a binding contract with the government of New South Wales for a 50-year lease of the Sydney Desalination Plant (SDP).

The Ontario Teachers’ Pension Plan has articulated concerns about compensation directly to senior management and the board of Sprint Nextel frequently during the past year. The concerns are based on the poor linkages between operating performance and the structure of senior management pay, as well as the continued compensation increases relative to the company's sustained operational and share price underperformance during the tenure of the current Chief Executive Officer.

The Ontario Teachers’ Pension Plan (Teachers’) today reported that net assets reached an all-time high in 2011. Its 11.2% rate of return added $11.7 billion to the plan’s net assets, reaching $117.1 billion at December 31, despite the crisis of confidence and market volatility that followed the European debt crisis.

Ontario Teachers’ Pension Plan (Teachers’), through its private investment department, Teachers’ Private Capital (TPC), today announced that it has entered into a definitive agreement for the acquisition of a majority interest in BroadStreet Capital Partners (BroadStreet), a U.S. holding company that makes majority interest investments in high-performing independent insurance agencies.

In recognition of its global investment portfolio and differing national issues related to corporate governance, this year Teachers’ distributed letters to public companies specific to Canada, the United States and the United Kingdom.

Jane Rowe, Senior Vice-President of Teachers’ Private Capital, the private investment department of the Ontario Teachers’ Pension Plan, appeared January 20 on Bloomberg Television's "Money Moves".

The Ontario Teachers’ Pension Plan (Teachers’) today announced that Jo Taylor has been appointed as the new head of the London office of Teachers' Private Capital (TPC).