Ashurst represents Alberta Investment Management Corporation ("AIMCo") on their US$300 million cornerstone commitment to Macquarie Asia Infrastructure Fund 2 LP (the "Fund") and assisted AIMCo in negotiating the terms of their significant investment.

AIMCo is one of Canada’s largest and most diversified investment managers with more than C$90 billion of assets under management. The commitment made by AIMCo to the Fund underscores both the current trend in the market towards very large fund raisings getting off successfully and the advantage that being a cornerstone investor, with a significant capital commitment, brings to being able to negotiate favourable investment terms.

Dean Moroz, Asia head of private investment funds, comments,

"We are very pleased to have represented AIMCo, led by David Perl (Director, Infrastructure and Timber), Jeff Wispinski (Senior Legal Counsel) and Gordon Zittlau (Senior Legal Counsel, Tax) on their inaugural commitment to infrastructure investing in Asia through this Macquarie sponsored and managed Fund and wish them well on their investment."

The Ashurst team was led by Dean Moroz, assisted by associates Roger Dong and Xing Lin, trainee Jerome Ching, with support from partner James Comber on the dispute resolution provisions in the transaction documents.