The Westaim Corporation (WED.V) TSXV

23.49

-0.14(-0.59%)

Updated at November 07 03:58PM

Currency In CAD

The Westaim Corporation

Address

70 York Street

Toronto, ON M5J 1S9

Canada

Phone

416-969-3333

Sector

Financial Services

Industry

Asset Management

Employees

7

First IPO Date

June 03, 1998

Key Executives

NameTitlePayYear Born
Mr. John Cameron MacDonald CFAPresident, Chief Executive Officer, Corporate Secretary & Director8.27MN/A
Mr. Stephen Lyndon WayChief Executive of HIIG711,4671949
Mr. Richard DiBlasiChief Strategy Officer & Director0N/A
Mr. Nakul RandevPrincipal0N/A
Ms. Cristina NunesAdvisor0N/A
Mr. William R. AndrusAdvisor01950

Description

The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds. The firm seeks to provide long term capital to businesses operating in the global financial services industry. It typically acquires controlling interests in businesses. The firm seeks to acquire debt, equity, or derivative securities of both public and private companies. It invests with the objective of providing its shareholders with capital appreciation and real wealth preservation. The firm seeks to provide its portfolio companies with advisory services including, but not limited to, advice on capital allocation, financing strategy, performance measurement and merger and acquisition support. It also seeks to partner with like-minded providers of third party capital to help supplement the firm's own capital, when completing acquisitions. The firm generally seeks to hold its investments for seven to 15 years. The Westaim Corporation was founded in 1996 and is based in Toronto, Canada.