Canada
People & Company News for October 20, 2023
- Frédérick Castonguay will head the team in French private-equity firm Ardian’s new Montreal office, serving as managing director. Castonguay specializes in finance and previously worked with Blue Bridge Wealth and global mining firm Rio Tinto. He has also served on the board of Ivanhoé Cambridge.
- Denver-based EverWest Real Estate Investors has rebranded as Sagard Real Estate, developing a closer link with its Montreal-based parent Sagard, a global institutional investor. The U.S.-based company has acted as the Canadian firm’s real estate arm since the two entities formed a strategic partnership in 2021. Sagard Real Estate is a multi-strategy alternative asset management firm with US$5 billion of assets under management. Parent Sagard is a publicly listed international management firm with $15 billion in assets under management. Sagard is controlled by Montreal-based Power Corporation, a global international management and holding company with $2.7 trillion assets under advisement.
- Toronto-area real estate developers have launched the City Builder’s Emergency Appeal to assist people on the front lines in Israel following the attack by Hamas. The charitable campaign is being managed by the United Jewish Appeal Federation of Greater Toronto and aims to raise $1 million. The program is being led by Jordan Teperman, executive vice-president and general counsel at Haven Developments.
- Alain Bouchard, founder and executive chairman of convenience store chain Couche-Tard, has become the first honouree in the Pembroke Management Hall of Fame. Under Bouchard’s leadership Couche-Tard, whose brands include Circle-K, has grown from a single store in Quebec to a global giant with approximately 14,400 locations. Pembroke is a Montreal-base real estate investment advisory firm. The hall was instituted to honour and recognize wealth creators who have contributed to Pembroke’s investment legacy. The inaugural Hall of Fame gala commemorated Pembroke’s 55th anniversary. The company was formed in 1968.
- Boyden managing partner Derek Chow, announced on LinkedIn that the company has been retained by Vancouver-based commercial real estate development and management firm Concert Properties to recruit a new chief investment officer. Andrew Tong surrendered the role, after more than quarter century with Concert, to form his own company, Integral Strategic Real Estate. Integral is an investment management and advisory firm that partners with individuals, organizations and institutional firms to solve their property needs.
- Cadillac Fairview has ranked first in its peer group within the Global Real Estate Sustainability Benchmark, more commonly known as GRESB, survey. The group covers North American diversified, non-listed office and retail properties. CF was also named an Americas region diversified office/retail sector leader for charging towards a net-zero future and propelling the sector forward, said the Toronto-based company in a news release.
- Anthony Fayle has been promoted to senior financial analyst a Groupe Brivia, a Montreal-based investment and development company whose portfolio includes rental apartments and condominiums. Fayle had served as a financial analyst, treasure with Brivia since joining the company in June 2022.
- The Agency has hired Anthony Loggia as a broker in its Montreal office. Loggia has a finance background and will assist clients seeking multi-family property investments, said John Faratro, the firm’s managing partner in Montreal.
- ◦People
