Articles from BCI - British Columbia Investment Management Corp

Option to co-invest in additional direct lending opportunities with Arini, sourced through their alliance with Lazard | Expands BCI’s exposure to European mid-market credit market

Initially Invested in 2017, ahead of private credit expansion and supported the growth of the platform

Stands firm on ESG and climate engagement to achieve real-world outcomes

VICTORIA (BC), LONDON & NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- British Columbia Investment Management Corporation (“BCI”), one of Canada’s largest institutional investors, today announced it has entered into a definitive agreement with Arctos Partners (“Arctos”), a private investment firm, to sell its majority stake in Hayfin Capital Management (“Hayfin” or the “Company”), a leading European-focused alternative asset management firm. Following completion of the transaction, BCI will remain a significant and strategic limited partner in certain key Hayfin fund strategies.

Public equities and private debt were top contributors to absolute performance

Victoria, British Columbia, Canada, Oct. 27, 2023 (GLOBE NEWSWIRE) -- British Columbia Investment Management Corporation (BCI) issued C$1.25 billion senior unsecured notes, with a coupon of 4.90% and a maturity date of June 2, 2033. The notes settled on October 26, 2023 and are rated Aaa by Moody’s Investors Service, AAA by S&P Global Ratings, and AAA by DBRS Limited. The offering was oversubscribed with over C$1.9 billion in orders from more than 50 global investors.

Victoria, British Columbia, Canada, Oct. 10, 2023 (GLOBE NEWSWIRE) -- British Columbia Investment Management Corporation (BCI) received long-term credit ratings from global credit rating agencies:

VICTORIA, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) -- British Columbia Investment Management Corporation (BCI) today released our Corporate Annual Report for the year ended March 31, 2023. The report outlines how BCI's adaptability to rapidly changing market conditions resulted in the greatest one-year value add for the second year in a row.

Achieves greatest one-year value add for the second year in a row and increases gross assets under management to $233.0 billion

Victoria, CANADA, June 13, 2023 (GLOBE NEWSWIRE) -- British Columbia Investment Management Corporation (BCI) announced today it has signed a definitive agreement in support of the proposed merger between Viterra Limited (Viterra) and Bunge Limited (NYSE:BG) (Bunge), an agriculture, commodities, and food company.

Victoria, British Columbia, April 26, 2023 (GLOBE NEWSWIRE) -- Today, British Columbia Investment Management Corporation (BCI) released its 2022 ESG Annual Report. The publication provides key updates and insight into how we capture opportunities and manage risks associated with environmental, social, and governance (ESG) factors in the best financial interests of our clients.

VICTORIA, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) -- Today, British Columbia Investment Management Corporation (BCI) released the 11th edition of our Proxy Voting Guidelines outlining our increased expectations on climate change disclosure, diversity, corporate governance roles, and protection of shareholder rights.  

Publishes white paper on modernizing trading to help establish gold standard at large institutional asset managers