The Investment Management Corporation of Ontario (IMCO) is an independent investment management firm located in Toronto, Canada. Established in July 2016, IMCO began managing funds in July 2017. It operates at arm's length from the government and functions on a not-for-profit basis, charging cost-recovery fees to its clients. IMCO's mission is to provide comprehensive investment management and advisory solutions to public-sector clients in Ontario. The firm focuses on portfolio construction and management, offering access to global investment opportunities and advanced risk monitoring and reporting. As of December 31, 2023, IMCO's asset allocation includes public equities, fixed income, real estate, infrastructure, private equity, global credit, public market alternatives, and money market assets. IMCO serves various public-sector institutions, including pension boards and public funds, helping them achieve their long-term financial goals. In 2024, IMCO reported a weighted average net return of 9.9% and managed assets totaling $86 billion.