bcIMC to open London office

The British Columbia Investment Management Corporation (bcIMC) intends to establish its first foreign office in London.

“We consider the U.K. and Europe to be an important market with long-term growth opportunities,” says Doug Pearce, the organization’s CEO and chief investment officer. “Having a bcIMC presence in London reflects our global focus.

The London team will include local and Canadian investment professionals and will support bcIMC’s private and public market investment programs.

bcIMC has approximately $12.4 billion invested in infrastructure, real estate, and public and private equity investments in the U.K. and European markets. These include investment interests in Thames Water, Open Grid Europe, a German retail portfolio and Canary Wharf.

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