Principle-Based Investment
HGC Investment Management Inc. ("HGC") is an employee-owned, alternative asset management firm based in Toronto. The Manager believes that hedge funds should have narrow mandates for investor clarity, produce uncorrelated returns to the market, have a low level of volatility and a high degree of liquidity. These investor-friendly characteristics are the hallmark of HGC. HGC is a registered Portfolio Manager, Investment Fund Manager and Exempt Market Dealer with the Ontario Securities Commission.
Disciplined Strategy
Maintain high liquidity
Downside focused
Return Characteristics
Low volatility
Low market correlation
The Fund
The HGC Fund
The HGC Fund (the “Fund”) is an event-driven strategy focused on arbitrage with assets of $450 million that specializes in the North American small and mid-cap market. Strategies within the Fund include Traditional Merger Arbitrage and Special Purpose Acquisition Corp Arbitrage. The Fund seeks to provide a low volatility return profile while producing superior risk-adjusted returns.
Team
Team
SEAN KALLIR
Chief Executive Officer, Chief Investment Officer
Sean began his investment career in 2011 as a merger arbitrage and special situations Analyst at a Toronto-based hedge fund. With over a decade of experience Sean has been involved in thousands of merger arbitrage and SPAC positions and has become well versed in nuances of special situations. Sean is a founding partner of HGC and holds an Honors BA in Economics from the University of Western Ontario.
BRETT LINDROS
President
Brett is a founding partner of HGC and in the role of President manages the business operations of the firm. He brings over 25 years of investing experience in Canadian Hedge Funds and over a decade of experience in Operations, Business Development and Investor Relations. Brett is on the Advisory Board of Capitalize for Kids and is proud to help the organization work to tackle the challenges of kids' mental health.
STUART GRANT
Chief Compliance Officer, Chief Operating Officer
Prior to joining HGC, Stuart was the Canadian Chief Compliance Officer of an international electronic broker dealer. Previous to that, he worked in risk and compliance for two Canadian prime brokers. He has over 15 years of finance experience in both Canada and the UK. Stuart received a Bachelor of Business Administration from Belmont University and a Master of Science in Finance from Boston University.
ADAM JAFINE, CFA
Associate Portfolio Manager
JACK HENDERSON
Analyst
Adam began his investment career with HGC in 2018. Prior to joining, Adam completed his Bachelor of Arts (Honors) in Accounting from the University of Charleston. Adam has completed his Canadian Securities Course and is a CFA Charterholder.
Jack spent two summers interning at HGC prior to joining full-time as an Analyst in 2020. He holds an Honors B.A. from the Ivey Business School at Western University.
ADAM CLARK, MFE
Analyst
Adam spent a summer interning at HGC as well as a boutique investment bank before joining full-time in 2023. He holds a BComm from McGill University and a Master of Financial Economics (MFE) from the University of Toronto.
NICK SANTORO, CAIA
Operations Specialist
Nick joined HGC in 2020 as an Operations Specialist after graduating from Brock University with a degree in Business Economics (Honors). He has completed his Canadian Securities Course and is a Chartered Alternative Investment Analyst (CAIA) Charterholder.
Founder
DAVID HEDEN
Founder
Prior to founding HGC, Dave was a Managing Partner at K2 Investment Management Inc, a Toronto based hedge fund. At K2 Dave developed significant expertise in merger arbitrage, participating in thousands of merger arb and spin-off situations, with a primary focus on the energy sector. This energy expertise led Dave to build a complete energy investment group within K2, opening offices in Calgary, and expanding energy investments to include mezz lending, distressed debt, and activist situations. Dave has served on several private and public company boards.
Chairman
DONALD K. CHARTER
Chairman of the Board of HGC Holdings
Don is an experienced business executive having been successful in a number of executive leadership roles in a variety of businesses. Don is the Lead Director of Dream Office REIT, a director of Lundin Mining and International Petroleum Corporation. He sits on the board of the World Gold Council.
Don was the founding Chairman, President and CEO of the Dundee Securities group of companies overseeing its growth from a start up to a major independent full service financial services company. Additionally, Don is the former Chair of the Board of IAMGOLD Corporation, and was also a director of the Investment Dealers Association of Canada and a Canadian Chartered Bank. Don was the President, CEO and a Director of Corsa Coal Corp., a publicly listed metallurgical coal mining company.