AIMCo Nabs Morgan Stanley’s Half Of Chilean Energy Co.

Law360, New York (November 8, 2011, 2:18 PM EST) -- Alberta Investment Management Corp., one of Canada's largest investment fund managers, has purchased Morgan Stanley's 50 percent interest in Chilean energy company Inversiones Grupo Saesa Limitada in an effort to expand its capital investments in Chile, the companies said Tuesday.

AlMCo, which manages 26 pension, endowment and government funds and has an investment portfolio of about $71 billion, also owns a 50 percent interest in Autopista Central, operator of a six-lane highway through the center of Santiago.

“AIMCo is pleased to acquire a 50 percent interest...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.