BURLINGTON, ON, March 25, 2014 /CNW/ - Fengate Capital Management ("Fengate Capital") has achieved Platinum Club member status with Canada's Best Managed Companies program by retaining their Best Managed designation for seven consecutive years. Canada's Best Managed Companies is a national awards program recognizing Canadian-owned and managed companies with revenues over $10 million.
"I want to congratulate Fengate Capital Management on becoming a Platinum Club member. This designation exemplifies consistency, commitment and the ability to be flexible in a changing marketplace. These qualities are what makes Fengate Capital such a great business success story and one of Canada's Best Managed Companies," said John Hughes, National Leader of Canada's Best Managed Companies and Managing Partner, Growth Enterprises, Deloitte.
As a leader in alternatives asset management, Fengate Capital's success is built on its ability to identify and manage market-leading investment opportunities for their clients and partners, and build value through long-term investments. The firm has achieved Best Managed status by being strategically focused on attracting, investing in and retaining the talent needed to support their objectives. "Our team of experienced professionals has a track-record of developing and executing compelling investment strategies for our investors," said Lou Serafini Jr., President and CEO of Fengate Capital Management.
Established in 1993, the Canada's Best Managed Companies is a national awards program, recognizing Canadian companies that have implemented world-class business practices and created value in innovative ways. Applications are reviewed by an independent judging panel that evaluates how companies address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.
"We are very proud to have achieved Platinum Club member status this year. Our success today can be attributed to the original values that our company was founded on in 1974: the values of trust and putting our clients' interests first," said Lou Serafini Jr., President and CEO. "We strive to ensure that, as a team, we continue to instill these values in our rapidly changing and competitive business environment. It is through the dedication of our employees, loyal clients and partners that Fengate Capital has earned the reputation of trusted partner."
2013 winners of the Canada's Best Managed Companies award, along with the Gold Standard winners, Requalified and Platinum Club members will be honoured at the annual Canada's Best Managed Companies gala in Toronto on April 1, 2014.
About Fengate Capital Management
Fengate Capital is an asset management firm in the alternatives sector specializing in the management of customized infrastructure and real estate investment funds for institutional clients. With significant experience in public-private partnerships, independent power projects and real estate developments, Fengate Capital targets high quality investments across North America and select international markets. For more information, visit www.fengatecapital.com.
About Canada's Best Managed Companies
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Best Managed winner (one of the new winners selected each year); 2) Requalified member (repeat winners retain the Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully reapplied for the designation. Companies may requalify for two additional years, subject to annual operational and financial review; 4) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC, National Post, Queen's School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
SOURCE: Fengate Capital Management
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