Ontario Teachers and AIMCo Sell Proxy Firm Glass Lewis
Posted on 03/16/2021
Toronto-based Peloton Capital Management and Stephen Smith have acquired Glass, Lewis & Co. from Ontario Teachers Pension Plan Board and Alberta Investment Management Corporation (AIMCo). Glass Lewis is a provider of independent global governance solutions. Glass Lewis produces research reports that provide analysis and recommendations on every proxy vote, including M&A and other financial transactions, along with its proxy vote management solutions drive value across all governance activities for institutional investors. Glass Lewis covers 30,000 meetings each year, across approximately 100 global markets. Glass Lewis competes against proxy giant Institutional Shareholder Services (ISS).