Toronto-based BluMont Capital Corp. Thursday announced the launch of two new funds: Exemplar Yield Fund and Exemplar Timber Fund.
BluMont says Exemplar Yield Fund will be actively allocated across the best ideas of specialists in four yield producing sectors: dividend equities (BluMont Capital); real estate (GPM Investment Management); corporate debt (Integrated Private Debt); and global infrastructure (Capital Innovations LLC).
“The underlying management groups count 10 Canadian universities, a significant number of Canada’s largest and most established pensions and foundations, and global investors such as China Investment Corporation and CalPERS, among their clients. And by actively managing asset class exposures according to interest rate, credit and equity conditions, we can better manage capital risk and sustainable yield,” says James Wanstall, CEO, BluMont Capital.
Exemplar Timber Fund is sub-advised by Capital Innovations, LLC of Wisconsin. Capital Innovations’ clients include CalPERS, China Investment Corporation and Pennsylvania State Employees’ Retirement System.
Capital Innovations’ timber strategy presents an opportunity for investors to get exposure to the timber business through a different lens than typical investments in the sector, which tend to be private equity-style funds with high investment minimums that consist of direct ownership of timberland.
“Capital Innovations has been managing institutional timber separate accounts for years and now is offering it with lower investment minimums through the Exemplar Timber Fund which will be available to institutions, family offices, and investment advisors”, says Michael Underhill, founder and chief investment officer, Capital Innovations, LLC.
BluMont Capital has engaged John Duncanson to work with Michael Underhill and Susan Dambekaln of Capital Innovations to analyze, select and invest in global timber opportunities. Duncanson brings over 35 years of global experience in the forest and investment industry. Duncanson has held senior positions with Cathay Forest Products Corp., Jennings Capital Inc., McLeod Young Weir and Wood Gundy Inc. to name a few. In a recent Canadian institutional equity survey by Brendan Wood International, John was ranked as the number one analyst in the pulp, paper, and forest industry category.
BluMont Capital is a wholly owned subsidiary of Toronto-based Integrated Asset Management Corp. (TSX:IAM), which has approximately $2 billion in assets and committed capital under management.