TORONTO, Oct. 14, 2015 /CNW/ - Northwater Capital Management Inc. ("Northwater") is pleased to announce the appointment of Neil J. Petroff to the role of Vice Chair, effective October 1, 2015.
Prior to joining Northwater, Mr. Petroff held the position of Executive Vice President of Investments and Chief Investment Officer at the Ontario Teachers' Pension Plan ("OTPP") since 2009, where he was responsible for all aspects of the firm's investment activities as well as the pension fund's asset-mix and risk allocations. Throughout his 22 year career with OTPP, Mr. Petroff held progressively more senior-level positions which have given him broad exposure and management experience in a wide range of asset classes and investment products. In 2014, Mr. Petroff was recognized as Chief Investment Officer of the Year and he received the prestigious Lifetime Achievement Award at the Industry's Innovation Awards ceremony.
Before joining OTPP, Mr. Petroff worked at the Bank of Nova Scotia, Guaranty Trust Company and Royal Trustco Limited. Neil has served on several corporate and charitable boards including Cadillac Fairview Corporation Limited, Maple Financial Group Inc. and the Integra Foundation.
"Neil Petroff is truly a world-class investment professional" said David Patterson, Chair and Chief Executive Officer of Northwater. "His substantial experience and expertise will be invaluable to Northwater and its clients as we continue to offer industry-leading alternative investment solutions to institutional investors around the world."
About Northwater Capital Management Inc.
Northwater Capital Management Inc. has, over the years, been known for being first into new and innovative investment strategies. It was the first Canadian firm in synthetic indexing, fund of funds in hedge funds, intellectual property funds, risk parity portfolios and bespoke liquid alternative strategies. Currently, it manages the Northwater Intellectual Property Funds and the Fluid Strategies portfolios. Founded in 1989, Northwater is a private investment company with offices in Toronto and Chicago.
Northwater Capital Management Inc.
161 Bay Street, Brookfield Place
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Toronto, ON Canada
SOURCE Northwater Capital Management Inc.
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