February 9, 2023
- The infrastructure & renewable resources (I&RR) team names Lea Dubourg-Hrachovec as new managing director and head of London office
- The I&RR London team will focus on new capital investment, asset management, and developing new partnerships in the region
BCI’s infrastructure & renewable resources (I&RR) team is opening an office in London, U.K. The office, BCI’s first outside North America, is an important evolution of BCI and the I&RR strategy and provides a solid foundation to continue to originate and manage investments in the U.K. and European context.
“The London office is a natural extension of our global investment strategy, one that has continued to develop in both scale and sophistication,” said Lincoln Webb, executive vice president & global head, infrastructure & renewable resources at BCI. “Our growing presence in the region, unlocks important access to investment opportunities – allowing us to work closely with local investors, communities, and governments in the development and stewardship of critical infrastructure.”
Dubourg-Hrachovec will join BCI from the Pension Protection Fund where she is head of infrastructure, timberland and farmland. Prior to this role, she held senior positions in infrastructure investing at First State Investments and Whitehelm Capital. A strong relationship manager, Lea brings 15 years of asset management as well as direct investing experience to the role.
“Lea brings a wealth of expertise and experience that will allow us to further drive growth in the region,” added Webb. “We’re very excited to welcome Lea to BCI. Under her strong leadership, the London team will continue to grow and develop our portfolio, deepen local partnerships, and work strategically with our portfolio company management teams.”
British Columbia Investment Management Corporation (BCI) is amongst the largest institutional investors in Canada with C$211.1 billion under management, as of March 31, 2022. Based in Victoria, British Columbia, with offices in Vancouver and New York City. BCI is invested in: fixed income and private debt; public and private equity; infrastructure and renewable resources; as well as real estate equity and real estate debt through our independently operated platform company QuadReal Property Group. With our global outlook, we seek investment opportunities that convert savings into productive capital that will meet our clients’ risk and return requirements over time.
BCI’s Infrastructure & Renewable Resources program, valued at approximately C$20.2 billion, invests in tangible long-life assets in the Americas, UK, Europe, and Asia Pacific, including a portfolio of direct investments in regulated utilities, energy, telecommunications, transportation, timberlands, and agri-businesses.