Investment Management Corporation of Ontario

Investment Management Corporation of Ontario (IMCO) manages investments for Ontario's public-sector pension plans and other non-pension funds, based in Toronto, Ontario, Canada. IMCO operates independently, pooling client assets to reduce costs and access diverse strategies for capital growth and stable returns. It serves Ontario public-sector institutions, including initial members Ontario Pension Board (OPB) and Workplace Safety and Insurance Board (WSIB), charging only cost-recovery fees. As of 2023, IMCO manages CAD 80 billion in assets across public and private markets. Key personnel include President and CEO Bert Clark, Chief General Counsel Allen Garson, and Head of Private Equity Anastasia Elia. Established on July 1, 2016, via the Investment Management Corporation of Ontario Act, 2015, no individual founders are specified. Its business model centers on not-for-profit, charging only cost-recovery fees to clients, no government funding received.