The Globe and Mail reports in its Friday edition that Ontario Municipal Employees Retirement System has appointed Laura Lenz to head its venture capital arm while signalling a continued commitment to backing Canadian technology founders. The Globe's Sean Silcoff writes that Ms. Lenz, a veteran early-stage capital investor who joined OMERS Ventures in 2019 and oversaw its Canadian investments, replaces Saar Pikar, who left in July after just one year on the job to lead Kensington Capital Partners Ltd. He in turn had replaced Michael Yang, who departed two years after replacing Damien Steel, who left in 2023 to lead climate technology startup Deep Sky Corp. "We have a fantastic track record in Canada, and I'm excited to continue building," said Ms. Lenz, who started her career as an associate with BMO Capital Markets before taking on investor roles at EdgeStone Capital Partners, MaRS Investment Accelerator Fund and Geoff Beattie-led Generation Ventures. OMERS Ventures started in 2011 when then-chief executive officer Michael Nobrega brought on John Ruffolo to back promising Canadian tech entrepreneurs. OMERS Ventures made early bets on future Canadian champions including Shopify, Xanadu Quantum Technologies and Hopper.