Borealis Infrastructure Management

Borealis Infrastructure Management, now operating as OMERS Infrastructure, is the dedicated infrastructure investment arm of the Ontario Municipal Employees Retirement System (OMERS). The firm manages a global portfolio of essential infrastructure assets across sectors including energy, digital, transportation, and social infrastructure. In the healthcare sector, the firm is most notable for its long-term ownership of LifeLabs, Canada's leading provider of laboratory diagnostic services, which it acquired in 2012. While the firm does not engage in direct drug discovery or biotechnology research, it plays a significant role in the healthcare landscape through the management of large-scale diagnostic networks and medical infrastructure. In 2024, the firm reached an agreement to sell LifeLabs to Quest Diagnostics, marking a significant transition in its healthcare portfolio.