Canadian Investment Review

OMERS adds to venture team

Written by Staff on Thursday, March 7th, 2013 at 3:17 pm

Omers OttawaOMERS Ventures, the venture capital investment arm of the OMERS pension plan, has added some new skills to its team.

George Babu has been hired as the new director at OMERS Ventures. With a background in the tech industry, Babu will work to identify and execute investment opportunities in the technology, media and telecommunications sectors, with a focus on human-computer interfaces, hardware platforms, mobile and enterprise software.

“OMERS Ventures is focused on investing in Canadian companies with the potential to become global leaders. As a very successful entrepreneur with diverse financial and operational knowledge, George will be a huge asset in helping us achieve this goal,” said John Ruffolo, CEO of OMERS Ventures.

Prior to joining OMERS Ventures, Babu acted as general counsel and head of U.S. operations for the Stockholm-based social gifting startup Wrapp, where he negotiated key partnerships and built out the U.S. team in New York and San Francisco.

This article appeared on BenefitsCanada.com.

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