Vicsuper is looking for a new executive manager of investments, following the recent resignation of Alan Lazarus.
A spokesperson for the $4.2 billion fund said Lazarus, who was promoted from an investment strategy role in March 2005 to replace John Fazio, had resigned in order to help his wife with business interests. The spokesperson said a process was in train to replace Lazarus.
08/08/2006
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Investments
Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.
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