Private Investment Groups
“AIMCo”
The funder does not disclose this information
Maximum Eligible Amount
Equity
Fund Type
AIMCo's private investment groups manage investments that do not normally trade on exchanges, such as real estate, mortgages, infrastructure, private equity and timberlands.
- Real Estate provides exposure to domestic and international real estate through direct holdings diversified across property types and geography. The group also invests in opportunity funds and other real estate-related securities. The portfolio consists primarily of direct investments with joint venture partners in high-quality office, retail, industrial and multi-unit residential properties in Canada’s major centers. High-quality core assets with stable returns make up 85% of the total portfolio with the remaining 15% in opportunistic and development positions.
- Private Equity acquires and manages equity interests in a wide range of industries in both developed and emerging markets. The private equity program has a global mandate and actively invests both in externally managed funds and directly in assets alongside funds or within equity consortia. Our emphasis in private equity is shifting from fund investments and co-investments to direct investments. A Toronto office was opened in 2009 with a staff experienced in direct investing, to complement the Edmonton-based team.
- Infrastructure acquires and manages long-term equity positions in OECD-based infrastructure assets. These assets typically provide essential services to the public, have an operating history and are either regulated or have highly contracted revenues with the potential for long-term capital appreciation. Infrastructure investments include utilities, energy/power (generation, transmission and distribution networks, pipelines) and transportation (toll roads, airports, seaports). The group invests either in externally managed funds or makes direct investments in the asset. The group intends to grow direct investments, which currently make up 50% of the portfolio.