Canoe Financial
421 7th Avenue SW, Suite 2750, Calgary, Alberta, T2P 4K9, Canada
Overview
Canoe Financial LP established operations with the acquisition of management of the publicly traded $1.4 billion Canoe EIT Income Fund. Canoe now manages approximately $3 billion in assets across a diversified range of open end mutual funds, flow-through limited partnerships, and private energy equity products. Canoe has expanded from its Calgary head office to across Canada, including a significant presence in Toronto and offices in Vancouver, Winnipeg and Ottawa. Since launching its first mutual funds in February 2011, Canoe has grown its mutual fund assets to more than $1.6 billion, making it one of the fastest growing entities in the Canadian mutual fund industry. So how have they accomplished this in the highly competitive world of mutual funds? They are a focused, independent investment management firm, providing intimate access to their mutual fund managers. Canoe’s portfolio managers are proven performers in the most widely held mutual fund categories. Their portfolio management team is supported by a top customer service and sales group dedicated to ensuring that their clients receive the consistent, clear and meaningful counsel they need to make informed investment decisions.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Asset Management
- Financial Exchanges
- Financial Services
Investment portfolio
- Gravity Renewables
Participated · Equity · Jun 2013
Gravity Renewables is a Boulder-based hydropower project operator and developer focused on small hydroelectric plants. The company acquires and refurbishes small hydroelectric facilities across the United States. Documents filed with the U.S. Securities and Exchange Commission show Gravity has raised a total of US$3,161,600, including a recently closed second round of financing. The new capital will be used to acquire and refurbish small hydroelectric plants nationwide. Gravity currently has 28 MW of hydroelectric capacity in operation or being developed across the U.S. COO Ted Rose said the financing demonstrates continued investor support for Gravity and the small hydropower industry.