He worked as a teacher after leaving the military, and was a commissioner of the Ontario Teachers' Pension Fund from 1971 to 1976.
The authority also wants Ontario Teachers to agree to invest $17 million in the terminal.
On major deals, the investment board joins with other pension funds like the Ontario Teachers.
She is a former management consultant and most recently a private equity investment professional at Ontario Teachers' Private Capital in Toronto.
Torstar and the Ontario Teachers' Pension Plan will take 20 percent stakes, paying 283 million Canadian dollars each.
In 2007, his board accepted an offer from the Ontario Teachers' Pension Plan to privatize the telecommunications company.
In March 2010 Ontario Teachers' Pension Plan announced that it was buying Camelot for £389m.
The Ontario Teachers' Pension Plan has also held talks with at least one private equity firm, these people said.
The company was purchased by the Ontario Teachers' Pension Plan in March 2000.
The Ontario Teachers' Pension Plan made two substantial share purchases, in 2002 and 2009.