BETHESDA, Maryland and TORONTO, June 16 /CNW/ - Infrastructure Management
Group, Inc. (IMG) and Aurion Infrastructure Inc. (AII), a subsidiary of Aurion
Capital Management Inc. (Aurion), an investment management firm majority owned
by DundeeWealth Inc., announced today the formation of IMG Aurion
Infrastructure LLC (IMG Aurion) a strategic venture that will provide
investment advisory services to institutional investors in connection with
investments in mid-market infrastructure across North America.
"Leveraging the synergies between IMG and AII will create strategic
advantages through its strong industry network, municipal clients, and
independent market position that responds to emerging trends in the
infrastructure investment market today," said Philip F. Alfieri, Managing
Partner, IMG Aurion Infrastructure LLC.
The venture will combine the industry expertise and infrastructure market
presence of IMG and AII with Aurion's pension fund and portfolio management
capabilities to provide institutional investors with investment products
within the infrastructure asset class, including commingled funds, separate
account mandates and co-investment opportunities. IMG Aurion favors assets in
growth corridors and regions where urbanization trends and population
demographics drive infrastructure renewal and expansions in the
transportation, clean power, renewable energy, and environmental industries.
Its seasoned professional infrastructure management and finance team will
focus on value creation through development, expansions, repositioning, and
hands-on asset management.
IMG has been at the forefront of the infrastructure dialogue with
municipal government since it's founding, advising on some of the most
significant North American infrastructure public-private partnerships (P3s).
"We have seen cities and senior levels of government reach out for
private sector solutions in response to their infrastructure needs like never
before," said John Joyner, Managing Partner, IMG Aurion. "We intend to address
their significant needs through our offering."
"We are extremely excited about the formation of IMG Aurion. Our seasoned
management team and extended resources afford IMG Aurion the opportunity to
create a range of institutional investment products in the infrastructure
space." said Jerry Evans, Managing Partner of IMG Aurion. He further added,
"because of its area of focus, IMG Aurion will develop complementary
investment strategies for institutional investors with existing infrastructure
About Infrastructure Management Group, Inc.
IMG is an international, full-service advisory firm of management,
financial, development, and operations specialists supporting public and
private infrastructure owners, investors, and developers. IMG has advised on
over $200 billion of public and private sector transactions across the
infrastructure lifecycle located in the Americas, Europe, Africa, and Asia.
IMG's corporate motto, "Bringing Business to Government," is a testament to
both the demands of our times and IMG's commitment to our clients' public
service goals. IMG is headquartered in Bethesda, Maryland, with additional
offices and affiliates in other North American cities.
About Aurion Infrastructure Inc.
Aurion Infrastructure Inc. is an infrastructure fund management company,
which is a subsidiary of Aurion Capital Management Inc., an investment
counseling firm incorporated in 1996, which oversees $4.0 billion in assets
under management. As one of Canada's foremost institutional investment
solution providers, Aurion Capital Management Inc. focuses on pension funds,
endowments and sub-advisory, operating in two separate business areas:
portfolio management, specializing in equities, fixed income and alternatives
including real estate and infrastructure, and pension fund management
providing a pension investment outsourcing service.
About DundeeWealth Inc.
DundeeWealth(TM) is a Canadian owned, independent wealth management
company that oversees $58.3 billion in fee earning assets. It provides
diversified wealth management and investment solutions including alternative
and tax-advantaged products, capital markets and advisory services to
financial advisors, institutions, corporations and foundations, and innovative
wealth management through independent financial advisors across Canada. Its
award winning investment brand, Dynamic Funds(TM), managed by Goodman &
Company, Investment Counsel Ltd., is also available outside of Canada through
distribution platforms in Europe and the United States. DundeeWealth is listed
on the Toronto Stock Exchange (TSX: DW).
For further information:
For further information: Philip F. Alfieri, (516) 640-4772,
firstname.lastname@example.org, 4733 Bethesda Avenue, Suite 600, Bethesda, MD, 20814;
Jerry P. Evans, (416) 866-2443, email@example.com, 120 Adelaide
Street West, Suite 2205, Toronto, ON, M5H 1T1