Adam Mendes, a managing director on the investment tax team for the Ontario Municipal Employees' Retirement System, Toronto, is leaving the pension fund next month, according to an internal memo obtained by Pensions & Investments.
Mr. Mendes, who joined OMERS in January 2016, is responsible for the tax structuring and tax oversight of OMERS investments in the Americas and Asia-Pacific, according to the pension fund's website.
His last day at OMERS will be April 10, and he is leaving to pursue an opportunity related to his family's business, the internal memo sent Thursday to OMERS staff said.
"Adam has been a valued contributor to OMERS, he has led the tax stream on many significant transactions including Port of Melbourne, St. John's Terminal, IDI Logistics, Puget Sound, Leeward (to name a few)," the OMERS memo said.
On Thursday, an OMERS spokesperson declined to comment on when a successor for Mr. Mendes would be named.
The pension fund had C$109 billion ($83.4 billion) in assets as of Dec. 31.