Ontario Teachers’ Pension Plan Board, a global investor with net assets of $247 billion, has partnered with Diamond Communications to grow its digital infrastructure.
Diamond is a wireless infrastructure provider supporting communications and connectivity. The company has over 4,000 owned and managed tenanted sites and over 300,000 managed properties across the country. Ontario Teachers’ has acquired a significant equity ownership position in Diamond, joining existing institutional investors including Sculptor Real Estate and Manulife Investment Management.
Milbank LLP advised Ontario Teachers’ on this transaction.