The Ontario Teachers’ Pension Plan (Teachers’) today stated that the Ontario Government’s recent announcement to modernize the province’s pension legislation is an important step in recognizing the unique governance of jointly sponsored pension plans such as Teachers’, where the employer and the member are jointly responsible for pension funding.

Michael Wissell, Senior Vice President of the Ontario Teachers’ Pension Plan Tactical Asset Allocation department, has been appointed to the Ontario Securities Commission's newly formed Investor Advisory Panel.

Members of the Ontario Teachers’ Federation Board of Governors heard today about the impact of the current economic climate on the pension plan, ongoing efforts to ensure pension plan stability, and the pension plan board members’ responsibilities to the province’s teachers.

Avista Capital Partners, a leading private equity firm, and Ontario Teachers’ Pension Plan through its private investor department, Teachers’ Private Capital, announced today that they have signed an agreement to acquire INC Research, Inc. (“INC Research” or the “Company”) from an investor group led by Crosspoint Venture Partners and Adams Street Partners. INC Research is a therapeutically focused global contract research organization with deep expertise in managing late stage clinical development programs.

The Ontario Teachers' Pension Plan (Teachers’) today announced that it is selling 3,400,000 voting common shares and 10,300,000 non-voting common shares of Maple Leaf Foods Inc. (MFI) and 2,193,913 warrants exercisable into voting common shares of MFI to funds managed by West Face Capital Inc.

Teachers’ cast its vote against the proposed arrangement between Magna International Inc. (Magna) and the Stronach Trust at Magna’s shareholder meeting earlier today. In addition, we intend to join other shareholders to oppose the proposed transaction at the Ontario Superior Court of Justice fairness hearing scheduled for August 12 and 13. Our concerns are with the substance of the proposed arrangement and the governance process followed by the Special Committee and the Board.

SonicWALL, Inc. (Nasdaq: SNWL), a leading provider of IT security and data backup and recovery solutions, today announced that it has completed its merger with affiliates of an investor group led by Thoma Bravo, LLC, which includes the Ontario Teachers' Pension Plan through its private investor department, Teachers' Private Capital. This follows approval of the transaction by SonicWALL shareholders during a Special Meeting of Shareholders held today.

The Ontario Teachers’ Pension Plan (Teachers’) has applied for leave to intervene before the Supreme Court of Canada in the Reference to the court on the proposed Canadian Securities Act.

Robert Breckon is bringing his knowledge and expertise in the health and life sciences industry to Teachers’ Private Capital, the private equity department of the Ontario Teachers’ Pension Plan.

The Ontario Teachers’ Pension Plan (Teachers’) stated today that it still intends to vote against Magna’s proposed transaction to eliminate the company’s multiple-voting shares, indicating that the additional disclosure provided by Magna in its revised circular issued on July 9 does not provide any further assurance that the proposal is fair to subordinate voting shareholders.