ACM ADVISORS
Contact: Chad Mallow
President & CEO
Address: 1140 Homer St., Suite 210, Vancouver, BC, V6B2X6
PH: 855-682-4865
Email: acm@acma.ca
Web: www.acma.ca
Alternatives management provided to: Canadian pension plans, 70; Canadian foundations, 50; Canadian endowments, 5
Total Canadian alternatives clients: 2000
Alternatives asset classes: Other, $4,900M
Alternative AUM for Canadian institutional investors: $3,762M
Ownership structure: Principals, 25%; Third party: (EQB), 75%
Alternative investment professionals: 15
Established: 1993
Minimum investment: Pooled, $500,000
Addenda Capital Inc.
Contact: Janick Boudreau, CFA
Executive Vice-President
Business Development and Client Partnerships
Address: 800 Rene-Levesque Blvd. W., Ste. 2750
Montreal, QC, H3B 1X9
PH: 514-908-1989
Fax: 514-287-7200
Email: info@addendacapital.com
Web: addendacapital.com/en-ca/
Alternatives management provided to: Canadian pension plans, 31; Canadian foundations, 24; Canadian endowments, 5
Total Canadian alternatives clients: 130
Alternatives asset classes: Commercial mortgages, $4,366.7M
Alternative AUM for Canadian
institutional investors: $3,927.6M
Manager style: Core
Ownership structure: Principals, 3%;
Third-party (Co-operators Financial Services Limited), 97%
Alternative investment professionals: 14
Established: 1985
Minimum investment: Pooled $5M; Separate, $20M
AGinvest Farmland Properties Canada Inc.
Contact: Oliver Wolf
Business Development Associate
Address: 80 Keil Drive South, Unit #3
Chatham, ON, N7M 3H1
PH: 519-352-8413
Email: oliver.wolf@aginvestcanada.com
Web: aginvestcanada.com
Total Canadian alternatives clients: 100
Alternatives asset classes: Farmland, $120M
Alternative AUM for Canadian institutional investors: $60M
Manager style: Active
Ownership structure: Principals, 100%
Alternative investment professionals: 1
Established: 2012
Minimum investment: Pooled, $150,000; Separate, $150,000
AllianceBernstein LP
Contact: Wendy Brodkin
Managing Director
Address: 200 Bay Street North Tower – floor 12
Toronto, ON, M5J 2J2
PH: 647-375-2803
Email: wendy.brodkin@alliancebernstein.com
Web: alliancebernstein.com/americas/en/institutions/home.html
Alternatives management provided to: Canadian pension plans, 9; Canadian endowments, 1
Total Canadian alternatives clients: 10
Alternatives asset classes: Direct real estate, $35M; Private debt, $439M; Hedge funds, $257M
Alternative AUM for Canadian institutional investors: $731M
Manager style: Active
Ownership structure: Principals, 14%; Publicly held, 25%; Third-party, 61%. Though our majority shareholder is Equitable Holdings, as a firm we operate independently. (1) (2) (3)
Alternative investment professionals: 216
Established: 1971
Minimum investment: Pooled, $10M; Separate, $100M
BGO
Contact: Yvonne Davidson
Principal, Capital Raising & Investor Relations
Address: 1 York Street, Suite 1100
Toronto, Ontario, M5J 0B6
PH: 416-681-3414
Email: yvonne.davidson@bgo.com
Web: bgo.com
Alternatives management provided to: Canadian pension plans, 105; Canadian foundations, 15; Canadian endowments, 14
Total Canadian alternatives clients: 166
Alternatives asset classes: Direct real estate, $110,248M
Alternative AUM for Canadian institutional investors: $14,478M
Manager style: Active management
Ownership structure: Principals, 36%; Publicly held, 51%; Third-party, 13%. Tetragon, a minority owner, is a publicly traded European investment firm with an asset management platform and was a founding shareholder in GreenOak. Tetragon has no role or formal vote in BGO’s investment process or decisions. Further, Tetragon and BGO do not share any operations, infrastructure, or other resources. Tetragon does not have an approval right on BGO’s business plan or budget, or in the investment decisions BGO makes on behalf of its investment vehicles.
Alternative investment professionals: 595
Established: 1978
Minimum investment: Pooled, $71,459M; Separate, $38,789M
BONNEFIELD FINANCIAL INC.
Contact: Andrea Gruza
Managing Partner
Address: 141 Adelaide Street West, Suite 510, Toronto, ON, M5H 3L5
PH: 416-309-4487
Email: agruza@bonnefield.com
Web: www.bonnefield.com
Alternatives management provided to: Canadian pension plans, 11
Total Canadian alternatives clients: 380
Alternatives asset classes: Canadian Farmland and Agribusiness, $1.5B
Alternative AUM for Canadian institutional investors: $1.5B
Manager style: Canadian Farmland sale leaseback and non-controlling capital investment into Canadian agribusiness
Ownership structure: Third party, EQB
Alternative investment professionals: 8
Established: 2009
Minimum investment: Pooled, $5M; Separate, $25M
Cameron Stephens Mortgage Capital
Contact: Daniel Marchand
Managing Director, Capital Markets
Address: 320 Bay Street
Toronto, Ontario, M5H 4A6
PH: 514-515-9353
Fax: 416-591-9001
Email: dmarchand@cameronstephens.com
Web: cameronstephens.com
Alternatives management provided to: Canadian foundations, 5
Total Canadian alternatives clients: 200
Alternatives asset classes: Direct real estate, $80M; Mortgages, $3,500M
Alternative AUM for Canadian institutional investors: $2,700M
Manager style: Mortgages – bottom up
Ownership structure: Principals, 100%
Alternative investment professionals: 53
Established: 2004
Minimum investment: Pooled, $150,000; Separate, $10M
Connor, Clark & Lunn Financial Group Ltd.
Contact: Brent Wilkins
Head of Institutional Sales (Canada)
Address: 1400-130 King Street West
Toronto, ON, M5X 1C8
PH: 416-862-2020
Fax: 416-363-2089
Email: bwilkins@cclgroup.com
Web: cclgroup.com
Alternatives management provided to: Canadian pensions plans, 91; Canadian foundations, 31; Canadian endowments, 2
Total Canadian alternatives clients: 535
Alternatives asset classes: Direct real estate, $5,297.30M; Private debt, $437.80M; Long/short equities, $4,055.18M; Infrastructure, $2,381.74M; Private equity, $326.51M; Multi-asset/GTAA, $1,868.50M
Alternative AUM for Canadian institutional investors: $14,367.03M
Manager style: Active: Market neutral, long/short, portable alpha strategies. Core, growth, value: infrastructure (traditional & energy). Middle market: private equity, real estate, long/short strategy. Growth: private debt
Ownership structure: Principals, 100%
Alternative investment professionals: 198
Established: 1982
Minimum investment: Pooled, varies: $5-10M; Separate, varies: $10-$250M
Connor, Clark & Lunn Infrastructure
Contact: Brent Wilkins
Head of Institutional Sales (Canada)
Address: 1400-130 King Street West
Toronto, ON, M5X 1C8
PH: 416-862-2020
Fax: 416-363-2089
Email: bwilkins@cclgroup.com
Web: cclinfrastructure.com
Alternatives management provided to: Canadian pension plans, 24; Canadian foundations, 15; Canadian endowments, 1
Total Canadian alternatives clients: 234
Alternatives asset classes: Infrastructure, $2,381.74M
Alternative AUM for Canadian institutional investors: $2,381.74M
Manager style: Core/grow-to-core/core plus
Ownership structure: Principals, 100%
Alternative investment professionals: 38
Established: 2005
Minimum investment: Pooled, $5M; Separate: Infrastructure does not currently offer separately managed accounts; however, they do periodically have co-investment opportunities in specific infrastructure investments of varying sizes.
Connor, Clark & Lunn Investment Management Ltd.
Contact: Brent Wilkins
Head of Institutional Sales (Canada)
Address: 1400-130 King Street West
Toronto, ON, M5X 1C8
PH: 416-862-2020
Fax: 416-363-2089
Email: bwilkins@cclgroup.com
Web: cclinvest.com
Alternatives management provided to: Canadian pension plans, 13; Canadian foundations, 2; Canadian endowments, 1
Total Canadian alternatives clients: 34
Alternatives asset classes: Long/short equities, $3,830.58M; Multi-asset/GTAA: $1,868.50M
Alternative AUM for Canadian institutional investors: $5,699.08M
Manager style: Active: Market neutral, long/short, portable alpha strategies, core, growth, value
Ownership structure: Principals, 100%
Alternative investment professionals: 100
Established: 1982
Minimum investment: Pooled, $10M; Separate, varies: $15-$250M
CIBC Asset Management
Contact: Carlo DiLalla
Managing Director & Head, Institutional Asset Management
Address: 161 Bay Street, Suite 2230
Toronto, ON, M5J 2S1
PH: 416-980-2768
Email: carlo.dilalla@cibc.com
Web: cibcam-institutional.com
Alternatives management provided to: Canadian pension plans, 18; Canadian foundations, 1; Canadian endowments, 1
Total Canadian alternatives clients: 20
Alternatives asset classes: Private debt, $55M; Multi-asset/GTAA, $620.1M; Currency overlay, $8,780.0M; Alternative credit, $14.1M
Alternative AUM for Canadian institutional investors: $9,469.2M
Manager style: Top-down macroeconomic fundamental process, integrating quantitative inputs with qualitative research
Ownership structure: Publicly held, 100%. CIBC Asset Management Inc. is a wholly owned subsidiary of the Canadian Imperial Bank of Commerce (CIBC), a widely held, publicly traded company.
Alternative investment professionals: 50
Established: 1972
Minimum investment: Pooled, $10M;
Separate, $25M
Clarion Partners
Contact: Hugh Macdonnell
Managing Director
Address: 230 Park Avenue
New York, NY, USA 10169
PH: 212-883-2500
Email: clarion.partners@clarionpartners.com
Web: clarionpartners.com
Alternatives management provided to: Canadian pension plans, 16; Canadian foundations, 3
Total Canadian alternatives clients: 20
Alternatives asset classes: Direct real estate, $101,509M
Alternative AUM for Canadian institutional investors: $4,376M
Manager style: Active
Ownership structure: Principals, 18%; Third-party, 82%
Alternative investment professionals: 205
Established: 1982
Crestpoint Real Estate Investments Ltd.
Contact: Brent Wilkins
Head of Institutional Sales (Canada)
Address: 1400-130 King Street West
Toronto, ON, M5X 1C8
PH: 416-862-2020
Fax: 416-363-2089
Email: bwilkins@cclgroup.com
Web: crestpoint.ca
Alternatives management provided to: Canadian pension plans, 54; Canadian foundations, 14
Total Canadian alternatives clients: 254
Alternatives asset classes: Direct real estate, $5,297.30M
Alternative AUM for Canadian institutional investors: $5,297.30M
Manager style: Core plus
Ownership structure: Principals, 100%
Alternative investment professionals: 38
Established: 2011
Minimum investment: Pooled, $5M
CBRE INVESTMENT MANAGEMENT
Contact: Aaron Vale
Head of Client Solutions, Private Infrastructure
Address: 120 Bremner Blvd., Toronto, ON, M5J OA8
PH: 647-453-3943
Fax: 416-775-3989
Email: privateinfraclientcare@cbre.com
Web: cbreim.com
Alternatives management provided to: Canadian pension plans, 68; Canadian foundations, 8; Canadian endowments, 2
Total Canadian alternatives clients: 93
Alternatives asset classes: Direct real estate, $2314M; Private debt, $262M; Indirect real Estate, $2170M; Infrastructure, $5019M; Private equity, $1285M; Real estate securities, $144M
Alternative AUM for Canadian institutional investors: $11,164M
Manager style: We seek to deliver sustainable investment solutions across real assets categories, geographies, risk profiles, and execution formats so that our clients, people, and communities thrive.
Ownership structure: Publicly held, 100%
Alternative investment professionals: 529
Established: 1972
Minimum investment: Pooled, $14M; Separate, $203M
Desjardins Global Asset Management
Contact: Natalie Bisaillon
Vice President & Chief of Partnership and Institutional Client Relations
Address: 1 Complexe Desjardins, 20th Floor, South Tower, Montreal, QC, H5B 1B2
PH: 514-214-5742
Fax: 514-281-7253
Email: natalie.bisaillon@desjardins.com
Web: dgam.ca
Alternatives management provided to: Canadian pension plans, 3; Canadian endowments, 8
Total Canadian alternatives clients: 11
Alternatives asset classes: Direct real estate: $3,560.12M; Long/short equities: $827.59M; Multi-asset/GTAA: $1,231M; Infrastructure: $4,769.46M
Manager style: Long-term investments; fundamental research; quantitative tools
Ownership structure: Third-party, 100%. Desjardins Global Asset Management is part of the Desjardins Movement, which is a financial services co-operative that belongs to its members.
Alternative investment professionals: 32
Established: 1998
Minimum investment: Pooled, $5M; Separate, $50M
EQUATE ASSET MANAGEMENT INC.
Contact: Brennan Carson
Portfolio Manager
Address: 1155 N. Service Rd W., Oakville, ON, L6M 3E3
PH: 905-464-0989
Email: bcarson@equatefunds.com
Web: www.equateassetmanagement.com
Alternatives management provided to: Canadian pension plans, 6; Canadian foundations, 2; Canadian endowments, 2
Total Canadian alternatives clients: 140
Alternatives asset classes: Multi-asset / GTAA, $250M
Alternative AUM for Canadian institutional investors: $80M
Manager style: Multi-asset tactical
Ownership structure: Principals, 100%
Alternative investment professionals: 3
Established: 2016
Minimum investment: Pooled, $1M; Separate: $3M
Equiton
Contact: Aaron Pittman, SVP
Head of Canadian Institutional Investments
Address: 333 Bay Street, Suite 1800
Toronto, Ontario, M5H 2R2
PH: 416-578-8700 x119
Email: apittman@equiton.com
Web: equiton.com/institutional-investors
Alternatives asset classes: Real estate – value add
Ownership structure: Third-party: 100%
Alternative investment professionals: 10
Established: 2015
Minimum investment: Separate, $5M
FIDELITY CANADA INSTITUTIONAL
Contact: Michael Barnett
Executive Vice President, Institutional
Address: 483 Bay St. Toronto, ON, M5G 2N7
PH: 416-217-7773
Email: michael.barnett@fidelity.ca
Web: institutional.fidelity.ca
Total Canadian alternatives clients: 5 (1)
Alternatives asset classes: Direct real estate, $2,937.5M; Long/short equities: $943.3M; Indirect real estate: $2,043.80M; Distressed Credit; Direct Lending; Private Equity Multi-Strategy (2)
Manager style: Dependent on the strategy
Ownership structure: Private
Alternative investment professionals: N/A
Established: 1987
Fiera Capital
Contact: Colin Miller
Head of Sales
Address: 1981 McGill College Ave.
Montreal QC, H3A 3A8
PH: 514-954-3300
Fax: 514-954-9692
Email: cmiller@fieracapital.com
Web: fieracapital.com/en
Alternatives management provided to: Canadian pension plans, 36; Canadian foundations, 67; Canadian endowments; 76
Total Canadian alternatives clients: 2,132
Alternatives asset classes: Direct real estate, $4,704.40M; Private debt, $4,331.93M; Long / short equities, $25.12M; Infrastructure, $2,047.10M; Private equity, $828.48M; Agriculture and timberland, $1,161.70M
Alternative AUM for Canadian institutional
investors: $9,067.67M
Manager style: Active
Alternative investment professionals: 129
Established: 2003
FORUM ASSET MANAGEMENT
Contact: Jonathan Bissada
Executive Director, Institutional Investments
Address: 181 Bay Street, East Podium, 2nd Floor, Toronto, ON, M5J2T3
PH: 647-521-9719
Email: jonathanb@forumam.com
Web: https://forumam.com/
Alternatives asset classes: Direct real estate, $711.2M ; Infrastructure, $818.5M; Private equity, $148.8M
Alternative AUM for Canadian institutional investors: $1,678.5M
Manager style: Core, value-add, opportunistic real estate; Lower-/middle-market private equity
Ownership structure: Principals, 100%
Alternative investment professionals: 25
Established: 1996
Minimum investment: Pooled, $1M; Separate, $10M
Franklin Templeton
Contact: Dennis Tew
Head of Sales, Canada
Address: 200 King St. W, Ste. 1400
Toronto, ON, M5H 3T4
PH: 416-957-6023
Email: dennis.tew@franklintempleton.ca
Web: franklintempleton.ca
Alternatives management provided to: Canadian pension plans, 24; Canadian foundations, 3
Total Canadian alternatives clients: 27
Alternatives asset classes: Direct real estate, $540M; Infrastructure, $145M; Private equity, $2,102M; Hedge funds, $211M
Alternative AUM for Canadian institutional investors: $2,998MManager style: Various investment styles across 10 distinct alternatives investment manager teams
Ownership structure: Principals, 36%; Publicly held, 64%
Alternative investment professionals: 120
Established: 1947
Minimum investment: Pooled $1M; Separate, Varies by strategy
GRAYWOOD DEVELOPMENTS
Contact: Aleks Karamarkovic
Vice President, Corporate Development
Address: 200 King Street West, Toronto, ON, M5H3T4
PH: 416-599-2466
Email: akaramarkovic@graywoodgroup.com
Web: graywoodgroup.com
Alternatives management provided to: Canadian pension plans, 2
Total Canadian alternatives clients: 4
Alternatives asset classes: Direct real estate (Graywood Fund X – Residential Development Fund), $200M
Alternative AUM for Canadian institutional investors: $5.2B
Manager style: Active
Ownership structure: Principals, 100%
Alternative investment professionals: 6
Established: 1985
Minimum investment: Pooled, $10M; Separate, $150M
Guardian Capital LP
Contact: Robin Lacey
Head of Institutional Asset Management
Address: 199 Bay St., Commerce Court W.,
Suite 2700
Toronto, ON, M5L 1E8
PH: 416-947-4082
Fax: 416-364-9634
Email: rlacey@guardiancapital.com
Web: guardiancapital.com
Alternatives management provided to: Canadian foundations, 1
Total Canadian alternatives clients: 2
Alternatives asset classes: Other, $151.16M
Alternative AUM for Canadian institutional investors: $151.16M
Manager style: Seeks to achieve its investment objectives primarily by investing in or selling short securities of issuers located primarily within North America. The strategy will be driven by ongoing credit research and macroeconomic analysis performed by the Manager. Composition will vary depending on market conditions and various phases of the economic and credit cycle. Principally holds investment grade and non-investment grade bonds, broadly diversified by issuer and industry, but may also invest in other securities, including, but not limited to, floating rate bank loans, convertible bonds, equities, warrants, real estate investment trusts and exchange-traded funds (ETFs). The strategy may also invest in credit, interest rate and index swaps or employ income generating option strategies. May engage in strategies relating to special situations such as reorganizations, restructurings, distressed situations, mergers or acquisitions as well as the use of leverage in order to hedge or enhance returns.
Ownership structure: Third-party, 100%. Guardian Capital LP is 100% owned by the parent company Guardian Capital Group Limited
Alternative investment professionals: 2
Established: 1962
Minimum investment: Pooled, $1M
Guardian Capital Real Estate
Contact: Frank Bartello
Senior Vice-President
Address: 199 Bay St.
Commerce Court W., Suite 2700
Toronto, ON, M5L 1E8
PH: 416-947-4017
Email: fbartello@guardiancapital.com
Web: guardiancapital.com
Alternatives management provided to: Canadian pension plans, 2; Canadian foundations, 2
Total Canadian alternatives clients: 35
Alternatives asset classes: Direct real estate, $459M
Alternative AUM for Canadian institutional investors: $459M
Manager style: Focus is on the preservation and enhancement of income. One of the key investment principles of the Fund is to acquire assets with rents at or below market and properties with prior insufficiencies. We believe we can effectively grow the income produced by the Fund’s assets over time, offsetting the potential risk of declining property values as a result of increasing cap rates.
Ownership structure: Third-party, 100%. Wholly owned by Guardian Capital Group
Alternative investment professionals: 5
Established: 2013
Minimum investment: Pooled, $1M
GWL Realty Advisors
Contact: Steven Marino
EVP Portfolio Management
Address: 33 Yonge Street, Suite 1000
Toronto, ON, M5E 1G4
PH: 416-507-2929
Fax: 416-361-0882
Email: steven.marino@gwlra.com
Web: gwlrealtyadvisors.com
Alternatives asset classes: Direct real estate, $16,427M
Manager Style: Core Canadian investment strategy, predicated upon acquisition, development, and management of high-quality, income-generating real estate with the potential for capital appreciation over time. Portfolio construction is shaped by exposure to key economic drivers, enduring locations, and a diversified asset mix of institutional-quality properties, with strong weightings in industrial and multi-family residential.
Ownership structure: Public: 100% wholly owned by Canada Life, which is a subsidiary of Great-West Lifeco.
Alternative investment professionals: 741
Established: 1993
Minimum investment: Pooled, $5M
HILLSDALE INVESTMENT MANAGEMENT INC.
Contact: Harry Marmer
EVP
Address: 1 First Canadian Place, 100 King Street W., Suite 5900, P.O. Box 477, Toronto, ON, M5X 1E4
PH: 416-913-3907
Fax: 416-913-3901
Email: ddeck@hillsdaleinv.com
Web: www.hillsdaleinv.com
Alternatives asset classes: Long/short equities, $2M; Hedge funds, $5M
Manager style: Hillsdale Investment Management is an institutional investment boutique aligned with its clients by investing alongside them. We are renowned for designing systematic, bespoke investment strategies across diverse objectives including high alpha, ESG, customized, and smart beta. We are committed to producing the highest quality investment strategies continuously reconciling results relative to expectations. Hillsdale is recognized for investment and client service excellence – a reflection of our relentless pursuit of research and development and the dedication of our employees who invest alongside our clients.
Alternative investment professionals: 13
Established: 1996
Minimum investment: Pooled, $2M; Separate, $25M
INSTITUTIONAL MORTGAGE CAPITAL
Contact: Ken Mckinnon
Senior Managing Director
Address: 199 Bay Street, Suite 1900, Toronto, ON, M5L 1E9
PH: 416-722-7983
Email: ken.mckinnon@imcapital.com
Web: www.imcapital.com
Alternatives asset classes: Canadian real estate debt & equity, $2.5B
Alternative AUM for Canadian institutional investors: $2.5BManager style: ActiveOwnership structure: Principals, 80%; Third party, 20%
Alternative investment professionals: 26
Established: 2009
Minimum investment: Pooled, $5M
IWS EQUITY
Contact: Ken McKinnon
Senior Managing Director
Address: 199 Bay Street, Suite 1940, Toronto, ON, M5L 1G1
PH: 416-814-3901
Email: info@iwsequity.com
Web: www.iwsequity.com
Alternatives asset classes: Direct real estate, $700+M
Alternative AUM for Canadian institutional investors: $700M+
Established: 2019
Leith Wheeler Investment Counsel Ltd.
Contact: Daren Atkinson, Principal
Portfolio Manager – Institutional Clients
Address: 400 Burrard St., Suite 1500
Vancouver, BC, V6C 3A6
PH: 604-683-3391
Fax: 604-683-0323
Email: darena@leithwheeler.com
Web: leithwheeler.com
Alternatives management provided to: Canadian pension plans, 1; Canadian endowments, 1
Total Canadian alternatives clients: 6
Alternatives asset classes: Leith Wheeler Private Asset Fund, $18.42M
Alternative AUM for Canadian institutional investors: $13.13M
Manager style: Value
Ownership structure: Principals, 100%
Alternative investment professionals: 7
Established: 1982
NEUBERGER BERMAN
Contact: Clay Khan
Managing Director, Canada
Address: 181 Bay Street, Toronto, ON, M5J 2V1
PH: 416-883-6904
Email: sarah.miller@nb.com
Web: https://www.nb.com/en/global/home
Alternatives management provided to: Canadian pension plans, 31; Canadian foundations, 2; Canadian endowments, 3Total Canadian alternatives clients: 73
Alternatives asset classes: Private debt, $4,495.9M; Indirect real estate, $653.6M; Private equity, $2,311M; Alternative risk premia, $22.5M; Multi-asset / GTAA, $750M
Alternative AUM for Canadian institutional investors: $8,233MManager style: ActiveOwnership structure: Principals, 100%
Alternative investment professionals: 200
Established: 1939
Minimum investment: Pooled, $7M; Separate, $150M
PenderFund Capital Management
Contact: Sarah Wildman, Director
Institutional & Family Office Wealth Services
Address: 1830-1066 W Hastings St.
Vancouver, BC, V6E 3X2
PH: 604-250-6917
Fax: 604-563-3199
Email: swildman@penderfund.com
Web: penderfund.com
Alternatives asset classes: Private equity, $200M; Hedge funds, $465M
Alternative AUM for Canadian institutional investors: $500M
Manager style: Bottom-up fundamental active management
Ownership structure: Principals, 89%; Publicly held, 11%
Alternative investment professionals: 8
Established: 2003
Minimum investment: Pooled, $10M; Separate, $25M
Pictet Asset Management
Contact: François Forget
Head of Distribution – Canada
Address: 1000 de la Gauchetière Ouest, Suite 3100, Montréal, QC, H3B 4W5
PH: 514-518-8587
Email: fforget@pictet.com
Web: am.pictet
Alternatives management provided to: Canadian pensions, 1
Total Canadian alternatives clients: 1
Alternatives asset classes: Hedge funds, $1.4M
Alternative AUM for Canadian institutional investors: $1.4M
Manager style: Hedge funds (Asian event-driven, distressed & special situations, emerging markets relative value, Europe directional, Europe market-neutral, global directional, global market-neutral, Greater China, multi-strategy); private equity (entrepreneur capital, coinvestments, multi-strategy, thematic); real estate (European value add, European core plus, global multi-manager); private debt (European private debt)
Ownership structure: Principals, 100%
Alternative investment professionals: 151
Established: 1980 (parent in 1805)
Minimum investment: Pooled, $1M; Separate, $50M
Picton Mahoney Asset Management
Contact: Taras Klymenko
Head of Institutional Business
Address: 33 Yonge Street, Suite 830
Toronto, Ontario, M5E 1G4
PH: 416-955-4108
Fax: 416-955-4100
Email: institutional@pictonmahoney.com
Web: pictonmahoney.com
Alternatives management provided to: Canadian pension funds, 2; Canadian foundations, 1
Total Canadian alternatives clients: 7
Alternatives asset classes: Long / short equities, $3,071M; Hedge funds, $1,890M; Multi-asset / GTAA, $239M; Long/short credit, $2,072M; Merger arbitrage, $1,141M; Special situations credit, $243M
Alternative AUM for Canadian institutional investors: $971M
Manager style: Active
Ownership structure: Principals, 100%
Alternative investment professionals: 43
Established: 2004
Minimum investment: Pooled, $10M; Separate, $25M
SLC Management (1)
Contact: Heather Wolfe
Senior Managing Director, Head of Canadian Business Development
Address: 1 York Street
Toronto, ON, M5J 0B6
PH: 416-408-7834
Email: heather.wolfe@slcmanagement.com
Web: slcmanagement.com
Alternatives management provided to: Canadian pensions, 46
Total Canadian alternatives clients: 79
Alternatives asset classes: Private debt, $46,902M; Other, $683M (includes all Canadian commercial mortgage assets managed by SLC Management, including BentallGreenOak)
Alternative AUM for Canadian institutional investors: $47,584M (1)
Manager style: Our primary source of value-add within our fixed-income teams is credit analysis. We typically do not take active interest rate positions.
Ownership structure: Sun Life Capital Management (Canada) Inc. is an SLC Management company that is an indirect wholly owned subsidiary of Sun Life Financial Inc., a publicly traded company listed on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.
Alternative investment professionals: 53
Established: 2013
Minimum investment: Pooled, varies; Separate, varies
TD Global Investment Solutions
Contact: Mark Cestnik
Managing Director
Address: 161 Bay St., 34th Floor
Toronto, ON, M5J 2T2
PH: 416-274-1742
Email: mark.cestnik@tdam.com
Web: tdgis.com
Alternatives management provided to: Canadian pension plans, 173; Canadian foundations, 1; Canadian endowments, 36
Total Canadian alternatives clients: 262
Alternatives asset classes: Direct real estate, $21,548.59M; Private debt, $10,177.36M; Infrastructure, $2,372.92M; Global real estate, $86.39M
Alternative AUM for Canadian institutional investors: $34,185.26M
Manager style: Core plus/diversified
Ownership structure: TD Asset Management Inc. is a wholly owned subsidiary of The Toronto-Dominion Bank.
Alternative investment professionals: 79
Established: 1987
Minimum investment: Pooled, $5M; Separate, $500M
T. Rowe Price
Contact: Lauren Bloom
Head of Canada Distribution
Address: 77 King St. Suite 4240
Toronto, Ontario, M5K1G8
PH: 416-360-7214
Email: lauren.bloom@troweprice.com
Web: troweprice.com
Alternatives asset classes: Multi-asset/GTAA, $180.3M; Other, $63,209.4M, managed by investment advisory affiliates, including Oak Hill Advisors (OHA)
Manager style: Macro and absolute return strategies are fundamentally driven, trading long and short across global markets, seeking to provide strong risk-adjusted returns by combining a top-down macro view with bottom-up, idiosyncratic insights from T. Rowe Price’s global research platform through a repeatable investment process.
Ownership structure: Principals, 7%; Publicly held, 100%. T. Rowe Price Group, Inc., is an independent, publicly traded company with significant employee ownership. Common stock owned outright by our associates and directors, combined with outstanding vested stock options and unvested restricted stock awards, total approximately 7% of our outstanding stock and outstanding vested stock options as at December 31, 2023.
Alternative investment professionals: 5
Established: 1937
Minimum investment: Pooled, $5M; Separate, $60M
Trez Capital
Contact: Sho Kulidjian
Managing Director, Institutional Sales
Address: 181 Bay Street, Suite 3840
Toronto, Ontario, M5J 2T3
PH: 416-350-1224
Fax: 604-638-2775
Email: shoghigk@trezcapital.com
Web: trezcapital.com
Alternatives management provided to: Canadian pension plans, 85; Canadian foundations, 3; Canadian endowments, 3
Total Canadian alternatives clients: 33,500
Alternatives asset classes: Private debt, $4.568B; Indirect real estate, $742M
Alternative AUM for Canadian institutional investors: $800M
Manager style: An alternative investment management firm focused on building communities for over 25 years by providing commercial real estate debt financings and equity investments through opportunistic funds, mandates, customized solutions and
joint ventures.
Ownership structure: Principals, 100%
Alternative investment professionals: ~29
Established: 1997
Minimum investment: Separate, $5M
Triovest
Contact: Luigi Luppi
VP Investor Relations
Address: Exchange Tower, 130 King Street West, Suite 1710, PO Box 486, Toronto, ON, M5X 1E5
PH: 416-941-1284
Email: lluppi@triovest.com
Web: triovest.com
Alternatives asset classes: Direct real estate, $11,000M