Marlene blowfish He was appointed Chief Investment Officer (CIO) of Alberta Investment Management Corporation (Edmonton), effective January 30. sandra LauHe has decided to leave the company, according to a news release on Tuesday.
As CIO, Mr. Puffer serves clients as head of both public and private investments covering real estate, infrastructure, private equity, private debt and loans, fixed income, private mortgages, economics and fund strategy, and public equity. The release indicates that both liquid and illiquid investments are required.
Back in February, AIMCo announced the appointment of Lau and James Barber as co-Chief Investment Officers. Specifically, Mr. Lau was appointed Co-Chief Investment Officer of the Public Investment Division and Mr. Barber was appointed Co-Chief Investment Officer of the Private Investment Division.
AIMCo spokesman Denes Nemeth was not immediately available to provide details about Barber. News Tuesday’s release noted that Lau had served as interim CIO.
Investing globally on behalf of 32 Alberta pension funds, endowments and government funds, AIMCo had C$136.6 billion ($106.1 billion) in assets under management as of June 30.
Most recently, he served as President and Chief Executive Officer of CN Investments, based in Montreal. This division manages the Canadian National Railways Pension Fund.
clifton icings Canadian National Railways officials said in an email that they have been appointed interim president and CEO of CN Investments to succeed Puffer.
Isings, who most recently served as chief investment officer and vice president, plans to retire in March and said, “I hope he will support us while we continue our search for a permanent president and CEO of CNID.” Thank you for that,” the official said. Information about who would replace Isings as his CIO was not immediately available.
CN Investments manages approximately C$19 billion for approximately 50,700 pensioners and pension plan participants, according to its website.
AIMCo’s Director of Private Funds and Asset Management, Mark Cormier, also recently left the company for health care at the Toronto-based Ontario Pension Plan. HOOPP’s net worth was C$114.4 billion as of December 31st.
