Koru will be a partnership with Boston Consulting Group Digital Ventures and work with companies in the Ontario Teachers’ Pension Plan’s $201.4-billion portfolio to protect them from disruption by building new firms, as The Logic reported earlier this week. On Wednesday, Teachers’ announced Koru is incubating three companies and plans to launch four more in 2020. Bryan Marcovici will be managing partner of Koru, which plans to hire 35 people. (The Logic)

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Talking point: Teachers’ is increasingly relying on partnerships as it seeks to catch up with other pension funds in the tech space. In August, the pension fund announced a partnership with Google sister company Sidewalk Labs to focus on cutting-edge infrastructure innovations. Rivals Caisse de dépôt et placement du Québec, the Ontario Municipal Employees Retirement System and the Canada Pension Plan Investment Board are also trying to protect their existing investments from disruption while making new ones, but are looking to do so on their own. The Caisse, for example, is building a “Disruptive Technologies strategy” for its $310-billion portfolio that includes examining its investments in publicly traded firms and challenging them as needed.