Who We Are
We are an independent, employee-owned, alternative fund manager based in Toronto, Canada. We have a history of outperforming North American equity markets at broadly similar levels of volatility. We invest only where we have an advantage – be it a skills-based advantage, an information or knowledge advantage, or one that comes from the fact that we take a longer-term view.
Why are we different
- We are focused on our areas of expertise
- We embrace complexity
- Superior long-term risk/return profile
- We are compact and nimble
Our Team
At Groundlayer Capital, we take pride in the longevity and stability of our team. Our investment team has remained intact since 2002 when the firm was founded; but our founding partners have a shared history going back much further, having known each other for over 30 years. As a result, we have a strong, shared investment philosophy and culture within the firm, and a long, shared memory of investing together in good times and bad.
The Funds
Groundlayer Capital Inc. manages three Funds – a Canadian-domiciled fund for Canadian residents, a US-domiciled fund for US residents and a Cayman-domiciled fund for all others. The Funds are managed pari passu.
The goal of the Funds is to generate long-term capital gains by investing in equities of mid-sized North American companies. We seek to maximize the Funds’ returns while protecting capital.
Investment Strategy
Groundlayer Capital believes that security markets are not fully efficient and that superior investment returns can be achieved through a rigorous fundamental research process. We manage a highly concentrated portfolio of securities. Our funds have a long-bias, and shorts tend to be opportunistic.