Jul 29, 2020
Osler is proud to support the Global Peer Financing Association (GPFA), an association recently formed by a group of beneficial owners. The shared goal of the GPFA is to create a more efficient and actionable way to increase and encourage peer-to-peer trading activity in the securities lending and repo markets for the benefit of asset owners.
The original members of the GPFA include the Healthcare of Ontario Pension Plan (HOOPP), the California Public Employees' Retirement System (CalPERS), the State of Wisconsin Investment Board (SWIB) and the Ohio Public Employee Retirement System (OPERS). Osler is one of three firms, and the only law firm, that has partnered with the GPFA.
The GPFA brings together beneficial owner members to promote the development of a more efficient, effective and cost-favourable marketplace for peer securities financing activities, liquidity management and collateral management.
The selection of Osler as a partner by the GPFA’s founding members reflects Osler’s position at the forefront of the securities lending industry and the firm’s strong understanding of changing market conditions. Osler’s Lisa Mantello, a partner in the firm’s Banking and Financial Services Group, serves on the association’s board of directors.
For more information, view the news release on the GPFA’s website or follow the association on LinkedIn.