Alberta Investment Management Corporation (AIMCo) has announced it will acquire a minority stake in the holding company of DFG Investment Advisors, a New-York based asset management firm.
AIMCo’s collaboration with DFG spans more than six years, first initiated as part of AIMCo’s Fixed Income strategy in 2009. Since that time, according to a news release, the relationship has grown to include investments in a range of strategies across public markets.
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“DFG is a trusted manager that has provided AIMCo with strong performance and comprehensive
analytical support,” said Dale MacMaster, AIMCO’s chief investment officer.
“We at DFG are thrilled to be partnering with AIMCo,” added Volkan Kurtas, DFG’s founder and managing partner. “DFG’s culture and values are integral to our approach to investing, a perspective and approach that is shared with AIMCo.
“As investors, both AIMCo and DFG appreciate the privilege of managing our respective clients’ funds, and together we will continue to strive to add value.”
The terms of the transaction has not been disclosed.