The Westaim Corporation (TSXV: WED)
Canada flag Canada · Delayed Price · Currency is CAD
4.910
-0.020 (-0.41%)
Nov 20, 2024, 3:59 PM EST

The Westaim Corporation Company Description

The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements.

For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions.

For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds.

The firm seeks to provide long term capital to businesses operating in the global financial services industry.

It typically acquires controlling interests in businesses. The firm seeks to acquire debt, equity, or derivative securities of both public and private companies.

It invests with the objective of providing its shareholders with capital appreciation and real wealth preservation.

The firm seeks to provide its portfolio companies with advisory services including, but not limited to, advice on capital allocation, financing strategy, performance measurement and merger and acquisition support.

It also seeks to partner with like-minded providers of third party capital to help supplement the firm’s own capital, when completing acquisitions.

The firm generally seeks to hold its investments for seven to 15 years. The Westaim Corporation was founded in 1996 and is based in Toronto, Canada.

The Westaim Corporation
The Westaim Corporation logo
Country Canada
Founded 1996
Industry Asset Management
Sector Financials
Employees 8
CEO John MacDonald

Contact Details

Address:
70 York Street
Toronto, Alberta M5J 1S9
Canada
Phone 416-969-3333
Website westaim.com

Stock Details

Ticker Symbol WED
Exchange TSX Venture Exchange
Fiscal Year January - December
Reporting Currency USD
ISIN Number CA9569093037
SIC Code 6799

Key Executives

Name Position
John Cameron MacDonald CFA President, Chief Executive Officer and Director
Ian W. Delaney Executive Chairman of the Board
Glenn Garry MacNeil C.A., C.M.A., CPA, CFA, CPA Chief Financial Officer
Robert Terrance Kittel CFA, CPA Chief Operating Officer
Stephen Lyndon Way Chief Executive of HIIG
Karen Woodfield Controller
Nakul Randev Principal
Cristina Nunes Advisor
William R. Andrus Advisor