British Columbia Investment Management Corporation (BCI) one of Canada’s largest institutional investors, has expanded its Private Equity group into London, with the appointment of a new team led by senior executives Natasha Dillon and Derrick Estes.
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.
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 organisational development.
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.
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 $23.7bn 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.
