PSP will be managing the growth fund assets separately and will be also managing its existing pension plan assets. The two will be managed independently. There will be a new investment committee set up for growth fund investments. That investment committee will be totally separate and different from the PSP investment committee.
In addition, PSP will establish conflict of interest procedures in order to ensure that any conflicts of interest are properly managed and disclosed, so those investment decisions are made following those particular procedures.
Of course, as an experienced investment manager, PSP will bring its existing knowledge in the field, its experience, its investment teams and the fact that it has seen projects and things like that. That is the expertise that is being brought to the table.
Investment decisions will be made by two different committees with two different sets of people on them, according to proper conflict of interest procedures.