Strategically speaking – AlbaCore Capital: Alternative credit with pension fund roots
By Carlo Svaluto MoreoloJanuary 2022 (Magazine)
AlbaCore Capital, a Europe-based alternative credit specialist with North American roots, is a fairly rare example of an asset management company that was spun off from a pension fund. David Allen, founder and CIO, established the company in 2016, with a team of European alternative credit specialists that he led from within the $542bn (€366bn) Canada Pension Plan Investment Board (CPPIB).