Led by chair and managing partner Dave Mullen, Neil Johansen and John Philp, along with an investment management team of 13 Fulcrum Capital will manage more than C$750m in capital with a focus on providing flexible private equity, mezzanine and bridge financing to entrepreneurial businesses in Canada.
Fulcrum will continue to operate from offices in Vancouver and Toronto.
Mullen said that the team eagerly looks forward to the new venture and to continuing the strong partnerships they have established with HSBC and their other investors. The Partners of Fulcrum are committed to maintaining the investment philosophy that has served them well these past years.
"With offices in both Western and Eastern Canada, we look to capture attractive opportunities and play a role in the growth and development of businesses throughout the Canadian middle market," added Mullen.
