Bluewater Investment Management’s team has joined Mackenzie Investments.

The move, which happened January 4, has Bluewater’s Dina DeGeer, David Arpin and Shah Khan bringing their team, and more than $1 billion in AUM to Mackenzie.

Read: Mackenzie Investments launches 8 private wealth pools

The change means Mackenzie Investments becomes the sole portfolio advisor for Mackenzie Canadian Growth Fund, Mackenzie Canadian Growth Balanced Fund, Mackenzie Canadian Concentrated Equity Fund and Symmetry Canadian Equity Fund.

“The team has successfully managed key Mackenzie Investments mandates for 20 years,” says Tony Elavia, executive vice president and CIO.

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