TORONTO and MONTREAL, August 20, 2020 /CNW/ – Private Debt Partners (“PDP” or “the Company”) is pleased to announce the appointments of Mr. Robert SmithMrs. Colleen JohnsonMrs. sheryl kennedyand M. Anatol von Hahn, to its Board of Directors. Newly appointed directors, as well as former Thomas Macmillanbring a deep finance, banking, governance and leadership experience that complements and enhances PDP’s core competencies as the company grows its $750 million Senior Direct Lending Fund and its $300 million Senior Opportunities Fund, which focuses on lending institutional capital to high quality mid-cap Canadian companies.
“On behalf of the Board of Directors and management of PDP, I welcome our new directors,” said Stephen Lister, Chairman of the Board of Directors of PDP. “Our Board of Directors are exceptional individuals and recognized business leaders in Canada who bring a wealth of experience that reinforces PDP’s goal of being the leading middle market private debt lender. to deliver reliable and consistent returns to our investors, and to be the preferred source of patient capital to high-quality, well-managed Canadian private companies. »
Mr. Robert Smith has extensive leadership experience and has served on numerous boards. A chartered accountant by profession, Mr. Harding is the long-time past chairman of Brookfield Asset Management Inc. and worked for Brookfield and his predecessors since 1984 in various executive positions until his retirement in 2019. He is currently the lead independent director of First Quantum Minerals Inc. Mr. Harding has also served on the boards of directors of Manulife Financial Corporation (Chair of the Governance and Nominating Committee), Burlington Resources Inc. (Chair of the Audit Committee), Norboard Inc., (Chair of the Board), NexJ Inc., (Chair of the Board) and Noranda Inc. (Chair of the Board) . Mr. Harding is currently Chairman of the Board of Trustees of the Art Gallery of Ontarioformer Chairman and Chairman Emeritus of the Board of Governors of the University of Waterloo, and past president of United Way Toronto and the Hospital for Sick Children in Toronto. He is a member of the Order of Canadarecipient of the Queen’s Silver and Golden Jubilee Medals and was named one of the from Canada Top 40 under 40 in 1996.
M/s. Colleen Johnson currently sits on the boards of Shopify, McCain Foods and Q4. She is president of Unity Health Toronto, which includes Saint Michel Hospital, Saint Joseph Health Center and Providence Healthcare and is a member of the Shaw Festival Board of Directors. Ms. Johnston retired from TD Bank Group in 2018. Previously, she was Group Head of Direct Channels, Technology, Marketing and Corporate and Public Affairs. She served as TD’s Chief Financial Officer from 2005 to 2015. In 2006, she was elected FCA, in recognition of her outstanding professional achievements and dedication to community activities. Ms. Johnston has received numerous industry honors as a senior finance executive, including from Canada CFO of the Year in 2012. She was inducted into the from Canada The Top 100 Most Powerful Women in the Hall of Fame in 2007. In 2011, for the third year in a row, she was named one of the 25 Most Powerful Women in Banking by American Banker. Mrs. Johnston received honorary degrees from St. Mary’s University and York University (Schulich School of Business). She is currently a member of the Minister Bill Morneau Open Banking Advisory Committee.
M/s. sheryl kennedy has held several senior positions in government, central banking, management consulting and financial services. As former Deputy Governor of the Bank of Canada and various roles within the Economic Development and Financial Sector Policy Directorates of the Ministry of Finance of the Government of Canada, she brings valuable expertise and perspective on finance and the Canadian economy. Ms. Kennedy was until recently President and formerly CEO of Promontory Financial Group Canada, now a wholly-owned subsidiary of IBM, where she established and led the Canadian arm of the global consulting firm. At Promontory, she helped financial services clients address strategic, risk management, governance and regulatory compliance challenges. Ms. Kennedy currently sits on the board of directors of Cogent Communications Holdings Inc (member of the audit committee) and of CLS Group Holdings AG (chairman of the subsidiary UK Intermediate Holdings Inc., member of the audit and finance committees, Nomination and Governance and President). Until June of this year, she was vice-chair of the Canadian Public Accountability Board, which regulates auditing of public companies. Mrs. Kennedy is vice-president of the VancouverMothers Matter Centre, Trustee of the General Synod of Pension Plans of the Anglican Church of Canada (Chairman of the Asset Allocation Committee) and Governor of the University of Waterloo (Chair of the Pension Plans Investment Committee and member of the Finance and Investment Committee). Ms. Kennedy received the Women in Capital Markets Leadership Award in 2007.
Mr. Anatol von Hahn is a venture capitalist, retired senior international banking executive and board member with over 30 years of board, CEO and general management experience in the banking and finance industry in North America, Latin Americaand Asia. As CEO and in senior management positions, Mr. von Hahn has led banking operations in Canada, Mexico, Argentina, Chileand Singapore. He has chaired or served on the boards of seven international banks as well as a number of associations and charities. He recently led the Canadian operations of Scotiabank. Anatol’s venture capital interests are focused on emerging Canadian technology companies. He is currently Chairman of The Group Ventures, sits on the boards of numerous technology companies including MindBridge AI, Cyber Defense Corporation, and Smart Money, and serves on the advisory boards of a number of manufacturing, d real estate and services in the United States. and Canada. He sits on the board of the ALMA Children’s Education Foundation and the MacDonald Stewart Foundation.
“The ability to attract board members of this caliber is a testament to the compelling nature of PDP’s business, our commitment to a best-in-class approach to our operations and governance, and the quality of our leadership team. direction. Each of our directors brings valuable skills, business development experience and networks that will enable us to make the best investments, provide better understanding of managing the impacts of the COVID-19 pandemic, provide oversight and necessary advice to ensure the proper management of the capital of our investors and to develop our company” added Stephen Lister.
About Private Debt Partners:
Private Debt Partners is a Canadian alternative asset manager that partners with institutional investors to generate returns and diversify their portfolio through private debt strategies. Private Debt Partners initiates and structures senior loans to mid-market companies with strong market positions, management teams and financial performance. Investors benefit from PDP’s deep sector expertise, the team’s track record of success and its focus on underserved sectors of the private debt market. This quality approach to lending enables PDP to offer higher risk-adjusted returns and true portfolio diversification. It is headquartered at Toronto and has an office in Montreal. Please visit www.privateet.com for more information.
SOURCE Private Debt Partners
For further information: Jean-Christophe Greck, Co-Founder, Chief Investment Officer and Managing Partner, Tel: +1 (514) 992-5232, Email: [email protected]; Greg DiTomaso, NATIONAL Capital Markets, Tel. : +1 (416) 433-2801, Email: [email protected]