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Arini-Lazard Fund Wins $200 Million From BCI Pension Fund
British Columbia Investment Management Corp. has made a $200 million anchor investment in a Europe-focused private credit fund launched by Arini Capital Management as part of the firm's alliance with Lazard Inc.
The Victoria-based pension fund manager, which oversees C$250.4 billion ($183 billion) in assets, also plans to allocate more than $400 million in additional co-investments alongside the fund, according to a statement.