Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Alignvest IM wants to make individual portfolios look more like a pension

Monday, February 12, 2018

Bailey McCann, Opalesque New York:

When Don Raymond was at the Canada Pension Plan Investment Board (CPPIB) he pioneered a total portfolio style of investing that was global, diversified and designed to work over the long-term. Raymond took that view with him to Toronto-based Alignvest when he left CPPIB in 2014. At the Cayman Alternative Investment Summit, Raymond caught up with Opalesque to discuss what he's working on now.

Opalesque: So, you've been with Alignvest for almost four years. What are you working on now?

DR: I'm excited about the work I'm doing with Alignvest Investment Management. We are creating multi-asset portfolio solutions for high net worth portfolios and accredited investors. The idea builds on what I started with CPPIB. So, the view is similar to what you see at CPPIB and other pensions - diversified investments, global in nature. We are also working on a product that mimics private equity type returns, but that is liquid and invests in listed companies.

Opalesque: Are you able to maintain your investment principles with smaller portfolios or is this a slightly diluted version of what you did at CPPIB?

DR: No dilution. Actually, what's been interesting is we are able to invest in things that wouldn't have worked at CPPIB because they were too small for the pension. So in some ways, we've been able to get more diversification in the portfolio. That's been really exciting. ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1