Sentry Capital, C.A. Bancorp Buy Toronto Hedge Fund

Sep 9 2008 | 12:24pm ET

Canadian mutual fund firm Sentry Select Capital Corp. is getting into the hedge fund business.

Sentry and C.A. Bancorp have acquired Waterfall Investments. Terms of the deal were not disclosed, but Sentry, which manages some C$6 billion (US$5.7 billion) in assets, will own two-thirds of the joint subsidiary and C.A. Bancorp one-third.

Toronto-based Waterfall currently runs four hedge funds and was founded four years ago by Andrew McCreath, formerly of Synergy Mutual Funds.


In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...