Real Estate

Paul Mouchakkaa most recently served as Managing Partner, Head of Canada with BentallGreenOak, a position he held since June 2020. With BentallGreenOak, he led the Canadian Investment Management team which is responsible for a $25 billion diversified real estate portfolio made on behalf of 140 Canadian and global investors.

Previously, Mr. Mouchakkaa served as Managing Investment Director and Head of Real Assets for the California Public Employees’ Retirement System (CalPERS), a role he held since 2015. At CalPERS, he had responsibility and authority for CalPERS’ $62 billion real asset portfolio; which includes nearly $53 billion in top tier commercial real estate assets and $8 billion in infrastructure assets located across the U.S., as well as in Europe, Asia and the Americas.

Prior to his role at CalPERS, Mr. Mouchakkaa was Managing Director and Global Head of Real Estate Research and Strategy for Morgan Stanley from 2011-2015.

Mr. Mouchakkaa is a Canadian citizen, born in Ottawa and has worked in Toronto, Old Greenwich, Connecticut, Los Angeles, and Sacramento. He is an Honours Economics graduate of Carleton University in Ottawa and holds an MBA majoring in Finance from the University of Oregon.

Stephen Kinsey is responsible for portfolio management across AIMCo’s domestic and foreign real estate portfolios, leading a team of dedicated professionals focused on Canada, U.S., and Europe.

Mr. Kinsey joined AIMCo in 2021 and has been involved across the portfolio in transaction & financing activity, asset & portfolio management, and joint venture management. Prior to joining AIMCo, he served as a Managing Director, Real Estate at Alberta Teachers’ Retirement Fund.

Mr. Kinsey holds a bachelor of commerce degree from the University of Alberta, an MBA in Investment Management from Concordia University, and is a CFA Charterholder.

Sam Spencer is responsible for the Analytics, Research, and Governance team for the AIMCo real estate portfolio, leading strategic portfolio research and data insight initiatives.

Ms. Spencer joined AIMCo in 2023 after spending the last decade working with some of the largest U.S. pensions across their private market portfolios. Most recently, she was a Real Estate Investment Officer at the Oregon State Treasury for the state’s pension fund. Prior to that, she covered real asset investments at Pension Consulting Alliance.

Ms. Spencer holds bachelor’s degrees in economics and international business from Whitworth University, manga cum laude, as well as an MBA from Duke University’s Fuqua School of Business. She holds the Chartered Alternative Investment Analyst (CAIA) designation and is an Ambassador of the Girls Who Invest non-profit.

Rupert Wingfield is based in London and is responsible for the European and Asia-Pacific real estate portfolios, including transaction activity, portfolio management and relationship management with investment partners.

Mr. Wingfield has over 25 years of investment experience. Prior to joining AIMCo in 2020, he was Head of European Real Estate at the Abu Dhabi Investment Council for ten years, and before that held roles at CBRE Global Investors and LaSalle Investment Management.

Mr. Wingfield holds an MA honours degree from the University of Edinburgh.

Ian Woychuk is based in Edmonton with responsibility for the real estate investment program in the Americas. He leads a team of dedicated professionals focused on building programmatic partnerships and transaction sourcing for AIMCo’s Canada, U.S. and Mexico based real estate portfolio. 

Mr. Woychuk joined AIMCo in 2011 and since that time has been involved in AIMCo’s Canadian, U.S. and European portfolios with diverse responsibility for transactions, relationship and joint venture management, debt and equity financing, leasing and asset management.

He holds a bachelor of commerce degree from the University of Alberta with a specialty in business economics and law and is a CFA Charterholder. Mr. Woychuk sits on the Board of Directors for the AIMCo Foundation for Financial Education.