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Claridge represents the interests of the Stephen Bronfman family and is actively involved in the management
of a diverse portfolio of investments in private equity, hedge funds, public equities, and real estate.
About UsBuilding together. Making an impact. Creating a legacy. |
History | Community Involvement |
Community Involvement |
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Claudine and Stephen Bronfman Family Foundation Claudine and Stephen Bronfman carry on the long philanthropic tradition initiated by previous generations of Bronfman family members. As doing business is in the family’s DNA, so is philanthropy. Claridge employees are inspired by the family’s leadership. Their community involvement is also encouraged and matching funds for employee donations are provided. Many employees regularly participate in activities in support of a number of causes. Forward thinking, strategic and nimble, the Claudine and Stephen Bronfman Family Foundation strives to create and innovate locally, nationally and internationally, with a strong focus on Montreal. The important operating guidelines of the foundation are: |
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Private EquityActively backing the entrepreneurial spirit with more than capital. |
Criteria | Investment Strategy | Differentiation | Added Value | Management Style |
Criteria |
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We are a growth-oriented investor with experience across a variety of economic sectors. We seek to partner with and invest in high-quality businesses with strong and defensible market positions. These types of businesses tend to have the following characteristics: Outstanding, committed management teams
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Industries with attractive fundamentals
Companies with good revenue and cash flow growth potential
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Differentiated companies with global potential
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Investment Strategy |
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We target mid-market companies in Canada and the United States. Our flexible approach is well-suited to management teams and owners seeking a value-added and long-term partner. In this role, we often provide strategic and operational support, relationships, capital to fund growth initiatives, and a more conservative approach to leverage.
Investment structure
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Investment Size / Equity Cheque
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Differentiation |
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We are differentiated by our entrepreneurial family business mindset, flexible investment approach, global relationships, value creation capabilities, strong integrity, use of reasonable leverage, and long-term investment horizon.
Patient Capital
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Flexible investment structuring
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Balanced approach to leverage
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Added Value |
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This is why we are a successful private equity investor:
Extensive international network
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Financial expertise
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Management Style |
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Our management style plays a major role in our success and it is one of the reasons entrepreneurs and management teams want to work with us. We are not only chosen for our capital, but also for the type of partnership and guidance we can offer. Claridge challenges its portfolio teams to excel and, through respectful and symbiotic relationships, we tend to complement our partners well. Claridge’s differentiating characteristics go far beyond the expected in the industry, and upon meeting our team, new partners quickly realize what makes us unique. Our portfolio teams are put together to reflect a unique mix of experience and entrepreneurial spirit, which has proven to be extremely efficient. Hard-working and honest, our staff is entirely committed to growing your business in a way that is as enjoyable as it is profitable. |
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Real EstateWe have built a wealth of knowledge. |
Our investments in real estate started in the 1950’s when we established what ultimately became, Cadillac Fairview, which grew to become one of North America’s leading developers, owners and managers of commercial real estate. Following the sale of Cadillac Fairview in 1987, Claridge’s focus shifted to participating in the development and ownership of commercial and residential real estate by partnering with experienced and capable real estate companies. This remains Claridge’s real estate investment strategy today, predominantly in Montreal and Quebec City, but also in Ottawa and Toronto. In 2016, Claridge established a real estate investment platform to broaden its capability to participate in development projects with Quebec-based developers. This platform is managed by Claridge Real Estate and comprises two investors – Claridge and Ivanhoe Cambridge. As of the end of 2020, over $200 million of equity has been deployed in 19 distinct development projects in the Greater Montreal Area and Quebec City. In addition to the Claridge/Ivanhoe Cambridge partnership, which is focused on investing in Quebec, Claridge has invested in several development or re-development projects in Ottawa and Toronto, in each case as a financial partner, with well-known and highly regarded local developers. Our focus remains investing in development and re-development projects in Quebec and Ontario, with a particular emphasis on residential, industrial and mixed-use opportunities. Over the past 10 years, we have participated in numerous development projects involving condominiums, rental apartments, seniors housing, single-family and townhomes, design-build industrial, design-build office and industrial to office conversion projects. We are a knowledgeable financial partner that seeks to add value to our relationships with our development partners by participating in major decisions throughout the development process, while allowing our development partners to exercise their development responsibilities in a diligent and efficient manner. |
Third-Party Managed FundsSelectively partnering with the best managers worldwide. |
We diversify our active direct investment practice through funds investments leveraging resources in different markets and industries, and invest globally with a select number of third-party managers allocating capital to different strategies and asset classes that offer superior risk-adjusted returns. Our third-party managed funds include long only public equities, hedge and private equity funds. Public equities managed funds are comprised of Canadian equity and foreign equity using a combination of active and index-replication strategies. | Hedge funds are used to reduce volatility and risk in the portfolio while attempting to preserve capital and deliver positive returns under all market conditions. Our hedge portfolio is allocated across a spectrum of strategies with a focus on long/short equity funds, event-driven/distressed funds, and multi-strategy funds. Our private equity funds program is invested globally with some of the world's leading private equity funds that we have strong relationships with. | We aim to achieve diversification through investment strategy, sector, geography, fund manager, and vintage year. Our focus is on large- and middle-market buyout and growth equity funds in North America, Europe and to a lesser extent in emerging markets. We also invest in real estate, credit and special situations funds. We are also very active in co-investments with our private equity partners. Since our first investment in a private equity fund in 1998, we have invested in over 80 private equity and real estate funds and a dozen co-investments. |
Select InvestmentsA track record of success in building companies across several sectors. |
Our direct private equity portfolio spans food and restaurants, media and entertainment, real estate, and technology. Here is a selection of our success stories. |
Our Management TeamA unique mix of entrepreneurial thinking, deep financial expertise and integrity. |
News |
Contact us
Address:
1170 Peel, suite 800
Montreal, QC, H3B 4P2
Phone:
514 878 5200
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