Ex-OMERS, Teachers’ pro joins Bastion

Kevin Kerr will lead investments as a partner for the Toronto fund.

Veteran investment professional Kevin Kerr, who has worked for Canadian pension funds Ontario Municipal Employees Retirement System (OMERS) and Ontario Teachers’ Pension Plan (OTPP), has joined Bastion Infrastructure Group.

Fund manager Bastion has named Kerr a partner alongside Enrique Fuentes – a long-time Grupo Ferrovial and Cintra executive – on its “growing investment team”. Reporting to Kerr and Fuentes are vice president David Perl and senior associate Lindsay Caldwell.

Prior to joining Bastion, Kerr had been senior managing director with OMERS Strategic Investments (OSI), a five-year-old platform created to “drive certain corporate initiatives that will position OMERS as a global player”, according to its website.

Under Kerr, OSI backed the ACS&HAS Airports platform, a privately held entity with the Airport Development Corporation (ACS) and Houston Airport System (HAS). He also helped form the Global Strategic Investment Alliance (GSIA), a C$7.5 billion (€5.37 billion; $7.28 billion) platform investing directly in infrastructure.

In addition, Kerr for 13 years worked for OTPP, launching Teachers’ Infrastructure Group (TIP) with Bastion founder and former OTPP official Ron Lepin. In 2008, Kerr was named global head of investments for TIP. Lepin in a statement said he was “thrilled” Bastion had hired Kerr.

Kerr marks the latest executive appointment for Toronto-based Bastion.

In September, Aquila Infrastructure Management co-founder Anne Marie Stetler became director of investor relations for Bastion. Fuentes and former EISER Infrastructure Partners executive Wael Elkhouly have also joined the fund manager.

Lepin launched Bastion in the summer of 2012. It is currently raising a $2 billion fund.