Canoe Financial

Canoe Financial LP is a privately owned investment manager based in Alberta, Canada, with additional offices in Ontario, Vancouver, Winnipeg, and Ottawa. The firm specializes in launching and managing a variety of investment products, including equity, fixed income, and balanced mutual funds, and it manages approximately $3 billion in assets. Canoe Financial initially gained prominence through the management of the Canoe EIT Income Fund, valued at $1.4 billion, and has since developed a diverse portfolio that includes open-end mutual funds, flow-through limited partnerships, and private energy equity products. Since the introduction of its first mutual funds in February 2011, Canoe has rapidly grown its mutual fund assets to over $1.6 billion, positioning itself as one of the fastest-growing entities in the Canadian mutual fund sector. The firm is recognized for its focused approach, providing clients with direct access to experienced portfolio managers and a dedicated customer service team to support informed investment decisions.

1 past transactions

Hydrostor

Venture Round in 2019
Hydrostor Inc. is a company based in Toronto, Canada, specializing in Advanced Compressed Air Energy Storage (A-CAES) technology that addresses the growing demand for reliable and sustainable electricity solutions. Founded in 2010, Hydrostor's innovative approach allows for the conversion of electrical energy into compressed air, which can be stored and later converted back into energy during peak demand periods. This technology is designed to facilitate the integration of renewable energy sources, optimize grid operations, and provide essential services such as dispatchable capacity and transmission deferral. Hydrostor's solutions are applicable in various contexts, including repurposing retired fossil fuel plants and serving large industrial operations and mining facilities. The company operates primarily in the United States, Australia, and Canada and collaborates with leading engineering and construction providers to deliver comprehensive energy storage solutions.
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