OUR FUNDS

Fieldhouse Capital Management  “Asset Management for the Modern Portfolio”

We are pleased to introduce this established asset manager with a particular expertise in listed options and derivatives used to enhance a traditional portfolio.

The firm is driven by it’s commitment to people, process and performance based on our research.

Fieldhouse provides innovative investment strategies that target consistent risk adjusted returns with performance for financial advisors, private clients, family offices, pensions, foundations and endowments and institutions.

Followers of the firm share a like minded belief to combine traditional and alternative investments, plus balance the art and science of modern portfolio construction.

The family of fund solutions are designed to address a wide range of portfolio needs and risk appetites, managed by experienced team of portfolio managers passionate about performance.

Fieldhouse brings together investment experts, a strong operational team and experienced industry professionals who are committed to work tirelessly through all market cycles.

The Fieldhouse Pro Funds series provides allocators easy access to the firms strategies and is currently issued by Offering Memorandum.

We like the firms vision, honesty, teamwork, focus and differentiated investment expertise vs other boutique asset managers.

Fieldhouse Capital Management Inc. is a Vancouver, BC based registered Portfolio Manager, Investment Fund Manager and Exempt Market Dealer in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario.

Unigestion S.A.

Over the course of the past 50 years, Switzerland based Unigestion S.A. has grown to be an $18B USD asset manager, of which Unigestion Canada represents $3B CAD. Of the firms global asset total, Private Equity comprises over $11B USD.

The firm is large and diverse with 171 employees representing 27 different nationalities across 10 offices globally (including Canada with offices in Montreal and Toronto)

Unigestion has a longstanding, stable and crisis-proven track record of generating 15% to 25% IRR (Internal Rate of Return) across Primaries, Secondaries and Direct Private Equity investments *

Since the 1990s, Unigestion has been 100% focused on mid-market private equity.

Kinsted Wealth

Kinsted Wealth is looking to lead the charge when it comes to providing Canadian Allocators/Advisors and their clients with access to institutional grade quality multi-manager private assets; namely private equity, private debt and real assets.

Offering 3 distinct pools (Real Assets; Strategic Equity; and Strategic Income), Kinsted builds diversified portfolios for each, providing access, due diligence, and portfolio construction that its own private clients have accessed for close to 5 years already.

In a world where “access”, relationships, robust due diligence and analytics are key, we expect Kinsted to lead the industry toward greater adoption of “privates” – which allows Canadian Allocators/Advisors to access enhanced diversification; attractive returns (including “illiquidity” premium); and ultimately strong risk adjusted returns.

Your book, and your clients’ portfolios will potentially be better off as a result of including “privates” into the mix is our view. Being able to access the diversification, access, and due diligence performed by Kinsted can make Private Assets more attainable for all investors –  and further the democratization of access to alternative asset and strategies.

Institutional Mortgage Capital:

We are pleased to introduce you to our private debt specialist focused on the Commercial Mortgage space in Canada. 

Upon reviewing the IMC story, and looking at the firm’s Active Mortgage Fund (AMF), we are confident you will come to the same conclusion we have, which revolves around some key characteristics: 

• Great “pedigree” and longstanding expertise and track record in the space 
• Well entrenched industry participation and contacts, enabling meaningful sourcing opportunities, as well as allowing for an excellent track record of both origination and risk management 
• An attractive yield level for the risk assumed, with no duration risk to speak of, given the “floating rate” nature of the portfolio + ultimately, an impressive track record of both attractive returns, at the cost of negligible volatility. 

The key conclusion? IMC has both the history of success and processes / infrastructure in place to scale up from here – as well as the opportunity to do so immediately ahead. 

In a nutshell, IMC fits the key Arbutus criteria of being both “good and different”.  

AMF – an attractive complement to your Real Estate related exposure overall, allowing you to entrust specialists with both diversifying your exposure across Canada and across sub- categories of Commercial Real Estate, as well as – ultimately, looking to either earn attractive cash returns, or compounding same at an attractive rate. 

Ascender Capital

• is a Small Cap Asia focused manager
• Ascender looks for opportunities – opting to “pounce” when dynamics have conspired to throw the valuation of its target out of whack with their longer term fundamentals
• Ascender is a manager entirely focused on a bottom up approach, looking to quality and value as core elements of its discipline, to which it seeks to add companies that a) don’t require capital b) generate strong cash flows c) aren’t covered – which represents a significant pool of opportunities for its PMs and analysts
• It should be noted that in addition, Ascender includes Japan into its “universe”, and typically will look to asset light / service oriented businesses with meaningful “moats”

Combined, these attributes justify for us the notion of Ascender being both good, AND different – the key characteristics entering into our decision process at Arbutus, when deciding to work with a manager 🙂

In our books, the above is what makes “good and different” as an asset manager to consider  – you’ll agree, we trust.

CROATAN Investments 

Croatan is a Multi Residential RE specialist, focused on the Mid-Atlantic and Sunbelt areas. 

With 20 years’ experience in the category, a solid track record of execution, underpinned by a three-pillar methodology/framework, Croatan sees significant opportunities for growth in the current market context – bolstered by favorable long term demand supply dynamics in their target market: Residential Real Estate. 

At Arbutus, we value good and different – as such, we appreciate the fact that value add for Croatan doesn’t solely rest on buying and selling RE, but rather involves additional value add activities, as well as an opportunistic approach. Add the demonstrated ability to pivot when markets/conditions change, and you have what looks to us to be a manager able to deliver and create value. 

As for the “tomorrow’s managers today” – evidently in the world of RE, one doesn’t become an overnight success … overnight. Croatan’s history to us demonstrate resilience, consistency and grit – all attributes we see as validating the notion that if Croatan has decided to go on the offensive – they’ve likely come to the conclusion that meaning value could be created after thorough consideration of all the variables needed to ensure they will capitalize on the opportunity. 

Real Estate – arguably at this stage of the cycle – could be described as a “tale of two cities”. The one Croatan is a part of should see them deliver on the premise their core competencies allow them to capitalize on. The other … well, may just help to serve up some opportunities others can take advantage of.  

As the firm itself identified for us – they are “cycle tested”. We like to think that this means something that should resonate with you, allocators as well!