Add as a preferred source on GoogleKaren Karniol-Tambour Set to Lead Canada's Fund With $17.7 Billion in Initial Capital
The sovereign wealth fund plans to invest only in Canadian companies and projects, seeking long-term returns. Prime Minister Mark Carney has promoted it as part of an effort to strengthen strategic industries and redu…
Karen Karniol-Tambour, Bridgewater Associates' co-chief investment officer, is set to become CEO of the Canada Strong Fund, which will begin with $17.7 billion in initial capital for investments in Canadian companies and projects.
The fund will invest only in Canadian companies and projects and seek long-term returns. Prime Minister Mark Carney has promoted it as a policy initiative to strengthen strategic industries and reduce Canada's economic reliance on the United States.
Karniol-Tambour joined Bridgewater in 2006 after graduating from Princeton University. She became one of the firm's co-chief investment officers in 2023, alongside Greg Jensen and Bob Prince, during a restructuring led by CEO Nir Bar Dea. Her responsibilities include Bridgewater's Asia strategy and its China investment management business.
Sonny Jang
ReporterSonny Jang reports on people and leadership in digital assets for TokenPost. Send corrections or tips to info@tokenpost.com.