Northleaf Capital Partners

About

Northleaf Capital Partners is a leading independent global private equity and infrastructure manager, with more than $7 billion in commitments under management on behalf of public, corporate and multi-employer pension plans, university endowments, foundations, financial institutions and family offices.

Founded as TD Capital, a subsidiary of TD Bank Financial Group, Northleaf transitioned to a management-owned firm in 2009 and now has more than $7 billion of private equity and infrastructure commitments under management. The Northleaf team comprises 70 professionals across offices in Toronto, Canada, London, UK and Menlo Park, USA. Northleaf’s clients include corporate, public and multi-employer employee pension and benefit plans, university endowments, foundations, government agencies, financial institutions, family offices and high net worth individuals.

As a global private markets investor with strong Canadian roots and a long, well-established track record, Northleaf is dedicated to generating attractive, long-term investment returns through building enduring relationships with its investors, investment partners, fund managers, business partners and colleagues based on trust, openness, respect and the highest standards of integrity and professionalism. Northleaf has an established investment program, experienced team and a business model based on a strong alignment of interests with our investors.

Source: Northleaf Capital Partners

Strategy

In a global economic climate characterized by heightened volatility and macro-economic uncertainty, Northleaf’s disciplined private markets programs provide innovative solutions to investors seeking attractive, risk adjusted returns that are less correlated with the broader public markets, and offer the potential for enhanced long-term returns with lower volatility.
Available through both pooled fund programs and customized investment mandates, Northleaf believes that its focused private market portfolios offer the potential for higher returns and greater diversification.

Private equity continues to offer incremental capital gains with less volatility, given both the range of private company return drivers and the downside protection resulting from professional hands-on management by experienced owners. Infrastructure offers stable, inflation-protected long-term cash flows from the ownership of mature, conservatively positioned long-duration assets.

Private Equity

Northleaf’s global private equity program capitalizes on the opportunity for disciplined, selective investment in private equity transactions globally, taking advantage of both the renewed emphasis on traditional private equity value creation in mid-market companies and the accelerating growth and business-building opportunities for private companies across the “innovation economy”.

Northleaf’s private equity investment approach is characterized by:

Active secondary and co-investments that augment and build upon a well-established primary fund investment program – Northleaf’s focused portfolio of top-tier mid-market and growth-oriented primary fund investments is complemented by active secondary and co-investment strategies that accelerate the investment pace and enhance returns.

Innovative, cost-effective structures designed to mitigate the j-curve and maximize net returns – Northleaf’s global private equity funds minimize ‘fee on fee’ concerns by charging on invested (not committed) capital, deducting the underlying manager’s future fees and carried interest when pricing secondary investment opportunities, and typically co-investing on a no fee/carried interest basis.

A proven investment approach characterized by an integrated team, proactive sourcing, a differentiated global platform and active portfolio construction – Northleaf’s distinctive investment model leverages an integrated global team to generate attractive opportunities across each element of its private equity strategy.

Northleaf’s well-established fund manager relationships not only generate attractive returns from their individual sectors of focus and expertise, but also create informational advantages and preferred deal flow for Northleaf’s secondary and co-investment transactions.

Source: Northleaf Capital Partners


  • Industry Focus
    Diversified
  • Year Founded
    2009
  • Address
    79 Wellington Street West
    6th Floor, Box 120
    Toronto, ON M5K 1N9
    Canada
  • Key Personnel
    Rob MacLellan, Chairman
    Sandra Channell, Vice President, Human Resources
    Daniel Dupont, Managing Director