alberta investment management corporation subsidiaries

In May 2019, AIMCo announced that it was acquiring an 85 per cent interest in the $1.15 billion 90-kilometre Northern Courier pipeline system owned by the Calgary-based TC Energy's—formerly known as TransCanada Corporation. [1], When AIMCo was created on January 1, 2008, it had a staff of 137. AIMCo's Infrastructure investments match long duration real return asset characteristics with inflation indexed-pension liabilities. Minister Toews said that AIMCo had "provided an annual return of 9.9 per cent on Albertans' investments" in the decade ending in 2019. Explanatory Notes 1 . Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management Corporation (AIMCo) is a Sovereign Wealth Fund located in Edmonton, AB Canada, North America. In 2017, AIMCo, in partnership with MSD Capital and CCMP Capital acquired Hayward Industries in 2017. By December 31, 2016 the number of employees has grown to 425, across the organization's Investment Management and Risk teams, Investment Operations, and Corporate Services. AIMCo, in partnership with U.S. based AES Corp. acquired a 100% stake in FTP Power LLC from FirTree Partners for $1.6 billion in cash and debt. [11] representing a loss of 10.1%, according to their 2009 Annual Report. 08:00 – 17:30 AIMCo is still a major stakeholder in this company. In the same year, AIMCo, under a landmark transaction, acquired Morgan Stanley Infrastructure Partners 50% interest in the Chilean company from Inversiones Grupo Saesa Limitada (Grupo SAESA). In June 2020, Mark Wiseman was named the new chair of AIMCO. [citation needed], Learn how and when to remove this template message, Ontario Municipal Employees Retirement System, International Forum of Sovereign Wealth Funds, "Alberta pension manager loses $4-billion on investment bet gone wrong", Legislation establishes new provincial corporation to manage Alberta's investments, "AIMCo Posts 7.9% Gross Return for the Latest Fiscal Year", "AIMCo Announces Strong Returns for Clients in 2015", "Union attack on Alberta's pension plans is 'absolute nonsense, "AIMCo's $3 Billion Volatility Trading Blunder", "AIMCo loaned an oil company $45 million, let that company pay out millions to shareholders and now it can't make the interest payments", AIMCo Annual Report 2013: Access to Opportunity, AIMCo Annual Report 2018: Your future is our every day, "Former head of CPP, who was ousted from BlackRock, named chair of AIMCo", "AIMCo Announces Incoming Appointments to Board of Directors and Designation of Mr. Richard Bird as Chair", "AIMCo CEO Leo de Bever succeeded by veteran investment exec Kevin Uebelein: Long-time investment industry executive Kevin Uebelein has been name", "Alberta Investment Management Corporation Regulation", "Research Study on the Canadian Retirement Income System", Canadian Responsible Investment Trends Report 2018, "AIMCo announces sale of Autopista Central toll road in Chile", "AIMCo Completes Aquistion of 50% interest in Grupo Saesa", "Calfrac Well Services legal fight seeks to show Texas billionaires have ulterior motives", "Calfrac announces CDN$200 million debt-with-warrants financing", "Consortium agrees to purchase 100% of London City Airport from Global Infrastructure Partners and Highstar Capital", "AIMCo, Allianz and Hastings successfully bid for Acquisition of Porterbrook", "AIMCo to buy 85 pct of Northern Courier Pipeline in $1.15 bln deal", "Fort Hills-produced oil named for its lower-carbon quality", "Alberta Heritage Savings Trust Fund Act", "About MEPP Section - Management Employees Pension Plan Website", "Provincial Judges and Masters in Chambers Pension Plan", "About SRP Section - Alberta Pensions Services Corporation Website", Government of Alberta departments and agencies, Culture, Multiculturalism, and Status of Women, https://en.wikipedia.org/w/index.php?title=Alberta_Investment_Management_Corporation&oldid=992227147, Financial services companies established in 2008, Investment management companies of Canada, Articles with dead external links from June 2017, Articles with permanently dead external links, Wikipedia articles that are excessively detailed from February 2017, All articles that are excessively detailed, Wikipedia articles with style issues from February 2017, Articles containing potentially dated statements from 2020, All articles containing potentially dated statements, Articles with unsourced statements from November 2019, Articles with unsourced statements from March 2010, Creative Commons Attribution-ShareAlike License. ATBSI 2 is a wholly owned subsidiary of ATB Financial and a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF).. 2 Section 6(1) of the Alberta Investment Management Corporation Regulation “is amended by striking out the appointment of any individual to the board” and substituting “the appointment of any individual to the board by the Lieutenant Governor in Council”. Dale Mac Master Chief Investment Officer Alberta Investment Management corporation … Alberta Investment Management Corporation (AIMCo) is one of Canada's largest and most diversified institutional investment managers with more than $115 billion of assets under management. Alberta Investment Management Corp Info: Size ($ in 1000's) At 09/30/2020: $9,242,911 … In 2015 AIMCo earned a 9.1% total fund net return on behalf of its clients. [7][8] The change was made as part of the UCP's 2019 budget presented by Finance Minister, Travis Toews. AIMCo seeks to maximize risk-adjusted returns by integrating environmental, social and governance (ESG)) factors into investment analysis across all asset classes. [17]:55, According to the 2018 Canadian Responsible Investment Trends Report, recognised the progress of major Canadian investors like the Alberta Investment Management Corporation, Canada Pension Plan Investment Board, Ontario Teachers' Pension Plan that are firmly involved in responsible investing as they acknowledge that "sustainability equals profitability."[27][28]. Description Alberta Investment Management is an institutional investment fund managers established as a Crown corporation in 2008 based in Edmonton, Canada. Section 7 AR 225/2007 6 ALBERTA INVESTMENT MANAGEMENT CORPORATION REGULATION (2) The Corporation may provide advisory or other shared services to the subsidiary corporation. Provincial Judges and Masters in Chambers Pension Plan (Registered) and Supplementary Retirement Plan for Provincial Judges and Masters in Chambers (Unregistered); Supplementary Retirement Plan for Public Service Managers, This page was last edited on 4 December 2020, at 04:32. AIMCo's Responsible Investment processes include: In December 2010, in an AIMCo-led private equity investment, it acquired a 50 per cent interest in Chile's Autopista Central's 61-kilometer, six-lane toll highway in Santiago on behalf AIMCo clients. The Fund is managed with the goal of maximizing long-term real returns at a prudent level of risk. [38], AIMCo lost much more than "comparable funds" during the coronavirus recession by "investing in contracts that pay off only if stock markets remain stable". [ 36 ] [ 38 ] FRB is produced through a Froth method! 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alberta investment management corporation subsidiaries