Robert Breckon joins Teachers’ Private Capital as Senior Advisor

TORONTO - Robert Breckon is bringing his knowledge and expertise in the health and life sciences industry to Teachers' Private Capital, the private equity department of the Ontario Teachers' Pension Plan.

As Senior Advisor, Mr. Breckon provides strategic counsel and portfolio support to Teachers' Private Capital and works with the healthcare team to source and evaluate transactions in the healthcare sector, within the department's Diversified group.

Mr. Breckon has 30 years of merger and acquisition, corporate development and operating experience in the global health and life sciences sector. He was most recently Senior Vice-President, Strategy & Corporate Development at MDS Inc., where he led acquisitions in North America, Europe, Asia and South America. Previously, he held senior-level positions at AutoLab Systems and was a partner at Ernst & Young. He has also served on the boards of numerous public and private companies in the U.S. and Canada.

Mr. Breckon holds a B.Sc. in Commerce and Computer Science from the University of Toronto and has completed the Harvard Business School Advanced Management Program.

"Teachers' Private Capital's focus on long-term value creation sets it apart in the private equity industry. It has an enviable track record and I look forward to working with the Teachers' team and their partners as they continue to expand their business in the healthcare sector," said Mr. Breckon.

"We are very pleased that Robert has chosen to lend his deep knowledge of the global health sector to Teachers' Private Capital," said Neil Petroff, Executive Vice-President, Investments and Chief Investment Officer. "His expertise, business experience and business strategy acumen will be a valuable asset to the team, our partners and portfolio companies as we grow our private equity business."

About Teachers' Private Capital

Teachers' Private Capital, the private investment department of the Ontario Teachers' Pension Plan, is one of the world's largest private equity investors, having participated as a long-term investor in numerous management buyouts in Canada, the United States and Europe. Current Teachers' Private Capital investments include: Acorn Care & Education, Alliance Laundry Systems, Aquilex Corporation, General Nutrition Centers, Inc., GCAN Insurance, Maple Leaf Sports & Entertainment, Serta Inc. and Simmons Bedding Company. Teachers' Private Capital provides long-term, flexible capital and support to high-quality management teams seeking to grow and add value to their businesses over time.

With $96.4 billion in assets as of December 31, 2009, the Ontario Teachers' Pension Plan is the largest single-profession pension plan in Canada. It is an independent organization responsible for investing the fund and administering the pensions of Ontario's 289,000 active and retired teachers.

For more information visit www.otpp.com.

Contact:

Deborah Allan
Director, Communications and Media Relations
Ontario Teachers' Pension Plan
(416) 730-5347
deborah_allan@otpp.com