British Columbia's $168 Billion Fund Posts Big Equity Gains, Boosts Credit Bets [Financial Post (Toronto, Ontario, Canada)]
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Wells Fargo & Company (WFC)
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Source: Financial Post
private credit and infrastructure debt — during a prolonged soft patch for dealmaking. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Executives at British Columbia's public pension manager say they're getting creative in allocating money — making bets on asset classes including private credit and infrastructure debt — during a prolonged soft patch for dealmaking. British Columbia Investment Management Corp. is also eyeing opportunities in real estate debt in sectors including industrial, multifamily and student housing, according to Ramy Rayes, executive vice-president of investment strategy and risk. Article content “The markets are still relatively slow, so we need to be creative in our dealmaking activity,” Rayes said in an interview. “In our case, it's going to be about value creation, about how we can engineer returns in areas that we haven't necessarily done in the past.” BCI closed
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WFC
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- 6/27/24 - Form 4
- 6/20/24 - Form 424B2
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