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AIMCo Eyes $2.04B PE Investments

The Alberta Investment Management is eyeing nearly $715 million in private equity deals in the next 12 months and as much as $2.04 billion in the next three to four years.

The Alberta Investment Management (AIMCo) is eyeing nearly $715 million in private equity deals in the next 12 months and as much as $2.04 billion in the next three to four years, Reuters reports. AimCo is mainly seeking to invest in healthcare services and in Latin America, it is also looking at opportunities in assets linked to supply-chain logistics in agriculture.

AimCo, which manages about $71.65 billion in public pensions and other government funds for the western Canadian province of Alberta, will not bid for Canadian real estate properties valued at about $921.24 million. The properties are being put up for sale by one of its partner funds, Blackstone Group.

Click here for the story from Reuters.

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