Identify, execute, and manage active investment opportunities

KICKING HORSE CAPITAL INC.

Identify, execute, and manage active investment opportunities at optimal scale

Investment Approach

Kicking Horse is the principal vehicle for managing the founding partners’ capital.

We look for a small number of great investment opportunities in three investment categories:
- Public Equities;
- Distressed Securities; and,
- Special Situations
We select and structure investments to ensure that we have influence
We often work with co-investors and align our interests accordingly

About Us

Our Team

The principals have decades of investment experience in a wide range of market environments.

Tom Dea
CEO, Partner

Background

West Face Capital
Partner

West Face Alternative Credit Fund
Co-Head

Onex Corporation
Managing Director

Harvard University
MBA 1993

Yale University
BA 1987

Tim Duncanson
Partner

Background

Dept. of Finance Canada
Sr. Advisor to Deputy Minister

Onex Corporation
Managing Director

Lazard
M&A Associate

Harvard University
MBA, MPP 1997

Western University (Huron)
BA 1990

Tony Griffin
Partner

Background

West Face Capital
Partner

West Face Alternative Credit Fund
Co-Head

Amaranth Advisors
Managing Director

RBC Proprietary Trading
Analyst

University of British Columbia
BComm 1997

Investment Focus

We select opportunities that provide us leverage to engage constructively with our investee companies

Public Equities

Concentrated investments in public equities where our investment makes us an important constituent for a company.

Distressed Securities

Distressed securities of all forms including restructurings, so that companies can become stable and prosperous again.

Special Situations

Equity and credit investments in publicly listed or private companies; purpose-built to meet a company’s specific capital need.

Guiding Principles

Our investment approach is built on simple ideas we take seriously

Discipline

We combine rigorous research, experience, and investment judgment to identify superior opportunities

Conviction

We deploy capital only in high conviction opportunities and focus on absolute returns

Flexibility

Our approach is inherently opportunistic and not bound by a rigid mandate

Capital Preservation

Our most important consideration is avoiding a permanent loss of capital

Alignment

The principals will be meaningfully invested alongside our investment partners

Accountability

We conduct ourselves with accountability and integrity and expect the same of our investee companies and working partners