- Lorne Park Capital Partners (LPC) has made a capital contribution of $1,360,222 to Infinite Wealth LP
- Infinite Wealth is an Ontario limited partnership, governed according to a limited partnership (LP) agreement dated November 21, 2018
- Lorne Park Capital Partners made the investment through its wholly-owned subsidiary, Bellwether Investment Management Inc
- The limited partnership has $80 million in assets under management, all of which is currently being managed by Bellwether
- Bellwether provides discretionary investment management focused on North American dividend growth investing
- Lorne Park Capital Partners Inc. (LPC) opened trading at $1.34 per share
Lorne Park Capital Partners (LPC) has announced a $1,360,222 investment in Infinite Wealth LP.
Infinite Wealth is an Ontario limited partnership, governed according to a limited partnership (LP) agreement dated November 21, 2018.
Lorne Park Capital Partners undertook this investment through its wholly-owned subsidiary, Bellwether Investment Management Inc.
The limited partnership has $80 million in assets under management, which Bellwether is currently managing.
As consideration for the capital contribution, Bellwether was granted admission as a limited partner of the LP and granted certain strategic rights and privileges under the limited partnership agreement.
Included in these strategic rights and privileges is the right for Bellwether to remain the investment manager over the partnership’s assets and the right of first refusal in the event the partnership receives a third-party offer for its assets.
LPCP was created to bring together boutique investment management and wealth advisory firms to deliver cost-effective investment solutions to affluent investors, foundations, estates and trusts. LPCP’s strategy creates better alignment between investment managers and wealth advisors while providing additional resources to accelerate their growth.
Bellwether is a boutique investment manager that offers investment solutions for affluent investors, foundations, estates and trusts utilizing its proprietary “Disciplined Dividend Growth” Investment Process.
Bellwether provides discretionary investment management focused on North American dividend growth investing and is dedicated to serving the distinct needs of affluent families.
Lorne Park Capital Partners Inc. (LPC) opened trading at $1.34 per share.