February 13, 2025
Adds senior London-based team to deepen regional relationships and drive value creation strategies across portfolio
VICTORIA, NEW YORK, LONDON – February 13, 2025 – British Columbia Investment Management Corporation (“BCI”), one of Canada’s largest institutional investors, today announced the expansion of its Private Equity group into London.
The growth of BCI Private Equity’s European presence demonstrates its commitment to deepening relationships with investment partners and portfolio companies, scaling direct investment capabilities, and strengthening long-term value creation activities across its global portfolio. BCI’s London office will serve as the strategic hub for BCI Private Equity’s initiatives in Europe and is currently home to BCI Infrastructure & Renewable Resources’ team.
“Our presence in London is a natural progression of BCI’s strategy to broaden its global presence, allowing us to continue actively managing and originating private equity investments in the region, and further driving value creation across our portfolio for our clients,” said Jim Pittman, Executive Vice President & Global Head, Private Equity, at BCI. “We are well-positioned to act on the compelling opportunity set we see in the European market today.”
BCI Private Equity has added a London-based team with the appointment of senior executives Natasha Dillon and Derrick Estes.
Ms. Dillon, former Chief Portfolio People Officer on the operations team at Apax, has joined BCI as Senior Managing Director, Value Creation. In this new role, she is responsible for driving value creation across the global portfolio, including through people, talent, and organizational development.
Mr. Estes, former Partner at Corsair Capital, has joined as a Senior Managing Director. He will oversee BCI Private Equity’s global financial services sector team, focusing on insurance services, asset and wealth management, financial technology, specialty finance and payments solutions.
“We are pleased to welcome Natasha and Derrick to the team,” added Pittman. “Natasha’s deep operational background, and expertise in leading value creation and business transformation strategies bolsters our ability to deliver strong outcomes for our clients. Derrick brings over twenty years’ experience in global private equity, finance and capital markets and will further our investment and value creation capabilities in the sector.”
Today BCI Private Equity’s team has 73 investment and operational professionals in Victoria, British Columbia, New York City, and now London, investing across geographies and market cycles with a focus on proactive liquidity management. Over the last five-year period, BCI Private Equity’s program has deployed $24.2 billion in fund and direct investments, partnering with over 50 high-performing portfolio companies. BCI Private Equity opened its first office outside Victoria in New York City in 2022.
Contact:
Olga Petrycki
+1 778 410 7310
