Canada’s Sprott Files For IPO

Apr 11 2008 | 11:13am ET

Toronto-based hedge fund and mutual fund manager Sprott Inc. has filed a preliminary prospectus with the securities regulators in Canada for an initial public offering of Sprott Asset Management.

The firm is reportedly looking to raise some C$200 million (US$196.4 million) from investors for Sprott AM, which manages approximately $6.9 billion (US$6.8 billion) in assets under management seven hedge funds and six long-only mutual funds.

Sprott’s flagship hedge fund is the Sprott Hedge Fund, which launched in 2000 and currently manages some C$640 million (US$628.6 million) in assets and is closed to new investors.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR