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Cross Border News  + Alberta & Prairies + Canada  + Finance  | 
AIMCo has opened an office in New York City.

AIMCo Opens New York City Office

The Alberta Investment Management Corporation has opened an office in New York City’s financial district.

“Our physical presence in important financial markets like New York greatly enhances how we source, evaluate, and ultimately execute on investments to further diversify our asset mix for the clients we serve,” said CEO Evan Siddall in a news release. “We have a significant client mandate to grow our private credit portfolio, and having a team based in Manhattan will also help us accelerate our efforts in this key asset class.”

David Scudellari, AIMCo’s senior executive managing director and head of international investment, leads the new office.

The opening gives AIMCo seven global locations. The other six offices are located in Edmonton, where the company is headquartered, Calgary, Toronto, London, Luxembourg, and Singapore. The Singapore office opened in fall 2023.

AIMCo ranks among Canada’s largest institutional investment companies and has $164 billion in assets under management. The firm invests globally on behalf of Alberta-based pension, endowment, insurance, and government funds.

Pictured: AIMCo executives celebrate New York office opening

Photo: CNW Group/AIMCo


Inside The Story

Alberta Investment Management CorporationDavid Scudellari

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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