EDMONTON, AB, Jan. 9, 2023 /PRNewswire/ – Alberta Funding Control Company (AIMCo) is happy to announce the appointment of David Scudellari as Senior Govt Managing Director, Head of World Funding. He’s going to suppose his new function instantly, bringing with him greater than 30 years of leveraged finance and capital markets revel in throughout North The us.
In his new function, Mr. Scudellari will act as Vice-Chair of AIMCo’s Funding Committee and oversee a number of key funding purposes together with world enlargement, Credit score and Personal Debt, and control of key exterior relationships.
Mr. Scudellari joins AIMCo after seven years at Public Sector Pension (PSP) Investments the place, as a member of the manager committee, he’s credited with: opening the New York place of work; development a world credit score industry with a internet AUM of $21.9 billion as at March 31, 2022, and conserving the function of intervening time CFO prior to being named the International Head of Credit score Investments and Personal Fairness.
“David is a extremely skilled investor with remarkable world viewpoint and a constant observe file of efficiency, having constructed a number one credit score funding industry at PSP. His talents might be massively really useful to AIMCo as we keep growing our world footprint to extract most worth for our purchasers,” mentioned Evan Siddall, CEO of AIMCo. “Along with main our world enlargement and third-party relationships, David will play a vital function in funding management building and succession making plans at AIMCo, in order that we will be able to spice up organizational alternatives for our staff.”
Previous to becoming a member of PSP Investments, David Scudellari held management roles at Barclays and Goldman, Sachs & Co., together with as International Head of Finance and Possibility – Canada for Barclays in New York. He additionally spent two years in Calgary, the place he served each as Senior Vice President and Leader Monetary Officer for North West Upgrading Inc. and as a Board member at Teine Power. Mr. Scudellari holds a Grasp of Industry Management from Tempo College – Lubin Faculty of Industry and a Bachelor of Science in Economics from the College at Albany, SUNY.
ALBERTA INVESTMENT MANAGEMENT CORPORATION
AIMCo is certainly one of Canada’s biggest and maximum assorted institutional funding managers with greater than $160 billion of belongings underneath control. AIMCo used to be established on January 1, 2008, with a mandate to supply awesome long-term funding effects for its purchasers. AIMCo operates at arms-length from the Govt of Alberta and invests globally on behalf of 32 pension, endowment and govt budget within the Province of Alberta. For more info about AIMCo please seek advice from www.aimco.ca or apply us on LinkedIn or Twitter.
SOURCE Alberta Funding Control Company