AIMCo

Overview

Alberta Investment Management Corporation (AIMCo) is a Canadian crown corporation and one of Canada's largest institutional investment managers, established in 2008. Headquartered in Edmonton, Alberta, AIMCo manages assets on behalf of 32 pension, endowment, and government funds in the province, with assets under management totaling approximately C$179.6 billion as of December 31, 2024. The corporation's investment portfolio is diversified across various asset classes, including private equity, real estate, infrastructure, fixed income, public equities, private debt and loans, renewable resources, money market and fixed income, private mortgages, and hedge funds. AIMCo's investment strategy focuses on delivering superior long-term returns for its clients by investing globally across all asset classes and markets. The corporation operates independently from the Government of Alberta, ensuring a client-centric approach to investment management. AIMCo's global presence includes offices in Edmonton, Calgary, Toronto, London, Luxembourg, and Singapore, with a team of over 200 investment professionals bringing deep expertise in a range of sectors, geographies, and industries. The corporation's clients include public sector pension plans, endowments, and government funds, such as the Alberta Heritage Savings Trust Fund, Local Authorities Pension Plan (LAPP), and the Public Service Pension Plan (PSPP). AIMCo's commitment to responsible investment is demonstrated through its adherence to the United Nations Principles for Responsible Investment (PRI) and its active participation in the Canadian Coalition for Good Governance (CCGG). The corporation's investment performance has varied over the years, with annual returns ranging from 2.3% to 14.7% between 2009 and 2021. Notable years include 2013 with a 12.5% return, 2019 with a 10.6% return, and 2021 with an impressive 14.7% return. In 2024, AIMCo achieved a net return of 12.3%, slightly below its benchmark of 13.8%. The corporation's diverse portfolio includes investments in various industries, such as energy, infrastructure, real estate, technology, healthcare, financial services, consumer goods, telecommunications, utilities, materials, consumer services, industrials, basic materials, consumer non-durables, and transportation. AIMCo's investment decisions are guided by a commitment to maximizing long-term, risk-adjusted returns for its clients, while maintaining a strong focus on responsible investment practices and corporate governance.

Investment Focus

• Geographical focus: Canada, United States, United Kingdom, Luxembourg, Singapore
• Industries: Energy, Infrastructure, Real Estate, Technology, Healthcare, Financial Services, Consumer Goods, Telecommunications, Utilities, Materials, Consumer Services, Industrials, Basic Materials, Consumer Non-Durables, Transportation
• Investment stages: Buyout, Growth, Late Stage, Pre-IPO, Turnaround, Distressed
• Asset class focus: Private Equity, Real Estate, Infrastructure, Fixed Income (Debt and Bonds), Public Equities, Private Debt and Loans, Renewable Resources, Money Market & Fixed Income, Private Mortgages, Hedge Funds