Infrastructure Management Group, the US-based infrastructure advisory firm, and Canadian infrastructure fund manager Aurion Infrastructure have formed a strategic infrastructure advisor joint venture. IMG Aurion Infrastructure LLC will provide investment advisory services to institutional investors relating to mid-market infrastructure investments in North America, the companies said in a joint statement. The venture is intended to provide institutional investors with infrastructure-based investment product, including commingled funds,separate account mandates and co-investment opportunities. It will focus on investments in the transportation, clean energy, renewables and environmental sectors. The companies said that the partnership will see to create value through infrastructure development,expansions, repositioning, and hands-on asset management. Managing partner of the new venture Philip F. Alfieri commented on the launch: "Leveraging the synergies between Infrastructure Management Group and Aurion Infrastructure will create strategic advantages through its strong industry network, municipal clients, and independent market position that responds to emerging trends in the infrastructure investment market today." Infrastructure Management Group is based in Bethesda, Maryland, and has advised on infrastructure transactions with a combined value of over $200 billion. Aurion Infrastructure is a subsidiary of Aurion Capital Management, which oversees around $4 billion of assets under management. Aurion Capital Management is majority owned by DundeeWealth, the Canadian wealth management company which oversees over $58 billion of fee earning assets.