What did winning the PCM
Award for Founding Leadership
mean to you?
I was very honoured to be recognized.
Since its’ beginnings in 2002 as the
Limited MAarket Dealers Association
and then the Exempt Market Dealers
Association, the PCMA has evolved
into a broader industry voice representing the entire community of
participants. ;e success and persistence of the organization were the
result of many talented and dedicated
individuals. I am proud and delighted
to have launched the vision of the
PCMA, together with David Brown,
and to have provided leadership as its’
Chairman for a decade.
What is your company's focus in
the exempt market?
I retired last year as Chairman of
Bloom Burton & Co. Bloom Burton
& Co is dedicated to the healthcare
investment industry and works toward
accelerating returns in the sector. ;e
team’s expertise and experience help
its’ clients achieve a faster path to
monetizing events. ;e people who
work at Bloom Burton have deep
knowledge in science, medicine,
healthcare development, commercialization, patent and corporate law.
Do you have a personal credo
that describes your investing
Investment opportunities can be quite
di;erent depending on the company
and the industry so I don’t follow any
strict set of rules. I may look at sectors
that are o; lows or out of favour.
I look at sector metrics, company
comparables, management, ;nancials
and try to identify any sustainable
advantage or speci;c upside the
company may have to drive growth.
Consider for a moment, the recent
global changes such as Brexit and
the surprise US election results.
What impact if any do these
events have on Canada’s private
capital markets? Does this make
you optimistic or pessimistic
about Canada’s exempt markets
Brexit and the US election results may
increase uncertainty in global markets
and may inadvertently boost investment in countries such as Canada that
are not making trading partner transitions. ;is could mean additional
markets and more capital might be
available to PCMA participants at all
levels. Canada’s exempt market or
private market is ;nally and fully
recognized for its’ economic importance and for being larger than the
publicly traded market. It has a great
capacity to deliver substantial upside
in the future as it has done in the past.
With the adage, “Membership
has its Privileges”, please finish
this sentence: Joining the Private
Capital Markets Association of
Canada is imperative because…
Canada wide network of like-minded
industry professionals, potential
clients, fund managers, leading service
providers and industry intelligence,
including regulatory changes and
requirements. It’s the place to be.
Investment opportunities can be quite di;erent depending on the
company and the industry so I don’t follow any strict set of rules.
I may look at sectors that are o; lows or out of favour. I look at
sector metrics, company comparables, management, financials
and try to identify any sustainable advantage or specific upside
the company may have to drive growth.
The Quebec market
represents a huge
growth for the
There is a lot of demand in Quebec
for both investor and institutional
;nancing due to a consistent entrepreneurial growth and innovation.
This is an ideal time for PCMA to
enter the Quebec market. PCMA will
be able to play a vital role in
connecting investors to entrepreneurs and enable businesses to
achieve their strategic goals as well
as grow Capital formation for the