Canada’s BluMont Taps Insider For CEO

Nov 21 2006 | 10:39am ET

Toronto-based alternative investments firm BluMont Capital has named Stephen Kangas as CEO. Kangas has served as the firm’s president since December 2005. He joined BluMont almost three years ago.

“Steve’s tremendous efforts have contributed to BluMont becoming a leading provider of alternative investments in Canada, and I am confident that under Steve’s leadership BluMont will continue to be successful as an innovator in the industry,” the firm’s chairman, Thomas Simpson, said.

Kangas worked at the former Midland Walwyn, BMO Nesbit Burns and TD Canada Trust, as well as his own consulting firm, prior to joining BluMont. The firm, whose majority shareholder is fellow Toronto alternatives firm Integrated Asset Management, has C$790 million in assets under management.

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