TORONTO, May 3, 2017 /CNW/ - Ewing Morris & Co. Investment Partners Ltd. ("Ewing Morris") announced today that it has reached an agreement to acquire Broadview Capital Management Inc. ("Broadview"), the manager of the Broadview Dark Horse LP ("Dark Horse"). Broadview was founded in late 2008 by Anthony Hammill and Lee Matheson. The Dark Horse was launched in April 2009 and has generated annualized returns of 11.8% since inception1. Following the acquisition, Hammill and Matheson will continue as portfolio managers of the Dark Horse.
"Lee and Anthony have a great track record and are exactly the type of players we want on our team," said Darcy Morris, Co-Founder and Chief Executive Officer of Ewing Morris. Morris continued, "The firms are a great fit because we both combine intensive research, focused portfolios and a willingness to engage proactively to unlock shareholder value." John Ewing, Co-Founder and Chief Investment Officer of Ewing Morris added, "Investment puzzles are challenging. We expect that adding two bright minds to our team will enhance investment results for all of our existing investors."
Anthony Hammill, Co-Founder and Managing Director of Broadview, commented "While we will continue to manage the Dark Horse in our own unique way, we are joining forces with Ewing Morris so we can enhance our research resources and concentrate our efforts on the investment process." Lee Matheson, Co-Founder and Managing Director of Broadview added "We believe Ewing Morris will be a great partner in helping us serve our investors over the long term."
About Ewing Morris
Ewing Morris & Co. Investment Partners Ltd. (www.ewingmorris.com) is a value driven Canadian boutique investment firm established in 2011 by John Ewing and Darcy Morris. Our aim is to achieve preservation and growth of capital for our limited partners by focusing on inefficient markets. We do this by relying on fundamental analysis, high conviction and the use of flexible capital. We manage investments for individuals as well as charitable organizations, institutions and corporations. This press release does not constitute an offer to sell units of any Ewing Morris Fund. Units of Ewing Morris Funds are only available to investors who meet investor suitability and accreditation requirements. 1 Returns are net of fees as of March 31, 2017. Past returns are not indicative of future performance.
SOURCE Ewing Morris & Co. Investment Management Ltd
For further information: Darcy Morris, CEO, email@example.com, (416) 640-2791