The Investment Management Corp. of Ontario is launching its first structured pool of assets, worth approximately $3.5 billion.

The launch of the Canadian public equity pool marks a critical stage in the continued transformation of the IMCO’s clients’ portfolios, said Bert Clark, president and chief executive officer, in a press release.

Read: IMCO closes three private equity fund commitments at $1BN

The investment manager plans to offer additional public markets pools over the next few months, with pools for private markets to follow.

“IMCO is the only investment management organization purpose-built to serve Ontario’s broader public sector and we have a deep understanding of our clients’ interests,” added Clark. 

Copyright © 2021 Transcontinental Media G.P. Originally published on benefitscanada.com

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