British Columbia Investment Management Corporation
Acronym: BCI
General Information
Identification Code: 086496150771-49
Website: [object Object]
Entity Form: Provincial statutory corporation
Registration Category: Companies & groups
Registration Date: 7/18/2023
Last Update: 2/2/2024
EP Accredited Number: 0
Mission & Interests
Goals: BCI provides investment management services for British Columbia’s public sector and is one of the largest asset managers in Canada. As of March 31, 2023, BCI has C$233.0 billion of gross assets under management. BCI seeks global investment opportunities across a range of asset classes. Our investment returns help our institutional clients build a financially secure future for their beneficiaries. BCI is headquartered in Victoria, BC, with offices in New York, Vancouver, and London. BCI is a significant investor in Europe and the UK, with investments in private equity, infrastructure, public equities, real estate (debt & equity), & various investment funds. Pursuant to its governing statute, BCI operates at arm’s length from the BC government. The majority of BCI’s board is appointed by pension plan clients and BCI’s board is prohibited from involvement in investment decisions. BCI’s CIO supervises day-to-day management and is responsible for investment and operational decisions.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Banking and financial services
- Climate action
- Competition
- Culture and media
- Digital economy and society
- Economy, finance and the euro
- Employment and social affairs
- Energy
- Environment
- External relations
- Foreign affairs and security policy
- Taxation
- Trade
Levels of Interest:
- global
Activities
Main EU Legislative Proposals: We follow several legislative issues including: EU Merger, EU FDI screening, EU foreign subsidies, EU response to IRA, taxation, corporate governance, financial markets regulation, competition, sustainable finance/Green Deal, and energy security/energy transition.
Communication Activities: Submission dated 6 March 2023 concerning the draft Implementing Regulation on procedural aspects of the Regulation on foreign subsidies distorting the Internal Market
Inter-institutional or Unofficial Groupings: N/A
Head Office
Address: 750 Pandora Avenue
Post Code: V8W 0E4
City: Victoria, British Columbia
Country: CANADA
Phone: [object Object]
EU Office
Address: 750 Pandora Avenue
Post Code: V8W 0E4
City: Victoria, British Columbia
Country: CANADA
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Complementary Information: None.
Membership Information
Members10 Percent: 4
Members25 Percent: 0
Members50 Percent: 0
Members75 Percent: 0
Members: 4
Members F T E: 0.4000000059604645
Info Members: BCI has government relations, legal and tax personnel working on EU-specific transactions and supporting monitoring and advocacy concerning ongoing regulatory change.
While BCI has 4 people engaged in activities falling under the register, all spend significantly below 10 percent of their working time on such activities. The FTE should therefore be less than 0.4. However, 10 percent is the minimum that can be chosen for each person involved from the organisation expressed in percentage of working time.
Structure
Structure Type: Structure
Is Member Of: None.
Organisation Members: None.