Ms. Rowe plays an advisory role with respect to Ontario Teachers' investments. She provides advice and counsel on the US portfolio including Cadillac Fairview investment activities, mentors senior employees, liaises with alumni and supports the build of our alumni network, represents Ontario Teachers' at external speaking engagements and on portfolio company boards, and continues to sponsor Pride and diversity and inclusion initiatives.
Ms. Rowe joined Ontario Teachers' as head of private equity in 2010. Her mandate was subsequently expanded to include high-conviction equities, public or near-public company investments intended to generate superior financial returns. Under her leadership, net assets managed by the Equities team have grown from $11 billion to $47 billion, with an annualized rate of return before administrative costs of 18.5% as at December 31, 2019.
Prior to joining Ontario Teachers', she held senior roles at Scotiabank, Scotia Merchant Capital Corporation, the bank's Canadian private equity fund, was President and CEO of RoyNat Capital Inc., Scotiabank's wholly owned mid-market merchant bank, and was President and CEO of Scotia Mortgage Corporation. Ms. Rowe received a B.Comm (Honours) from Memorial University, her MBA from York University's Schulich School of Business, and ICD.D certification from the Institute of Corporate Directors. She is an Advisory Board Member of Memorial University's School of Business, served on the Board of Governors at York University, and served on the Advisory Board and Board of Governors for the United Way of Toronto and York Region where she currently serves as a Trustee.