AIMCo Expands Global Presence with New York Office
The Alberta Investment Management Corporation (AIMCo) has further expanded its global reach by establishing a new office in New York, bringing the total number of offices to seven worldwide. This strategic move, which includes locations in Edmonton, Calgary, Toronto, London, Luxembourg and Singapore, is aimed at strengthening AIMCo’s investment capabilities and specifically growing its private credit portfolio.
According to Evan Siddall, CEO of AIMCo: “Our physical presence in key financial markets such as New York greatly enhances our ability to source and evaluate investments for our clients. We have a significant mandate to grow our private credit portfolio and having a team based in Manhattan will accelerate these efforts.” The establishment of the New York office also provides access to top talent and sector-specific knowledge.
This latest development marks another milestone for AIMCo as it continues on its path towards diversifying assets for their clients’ benefit.