OMERS Ventures, the venture capital investment arm of the OMERS pension plan, today announced that Derek Smyth is joining its team as Managing Director.
In this role Smyth will be responsible for helping OMERS Ventures identify and partner with high-growth companies it can finance from the early stages right through to sale or initial public offering.
“Derek has expertise as both a C-level executive at great technology companies and as a successful venture capitalist. It’s rare to find someone who has accomplished so much in both areas, and that’s what makes me really excited about welcoming Derek to our team,” said John Ruffolo, CEO of OMERS Ventures.
Prior to joining OMERS Ventures, Smyth co-managed two VC funds in his role as Partner at Edgestone Capital Partners. He led numerous successful investments for Edgestone, and acted as a board member for many of its funds’ portfolio companies. His extensive operational experience also includes his former roles as President and CEO of solutions provider Bridgewater Systems, and as COO of California-based Ironside Technologies Inc.