Colin Kilgour has been active in the Canadian credit and structured finance market on a full time and continuous basis since 2001. At that time, Colin co-founded a company called Efficient Capital Corporation (ECC), which provided accounts receivable financing to corporations and funded that credit through a commercial paper conduit which ECC administered. ECC was sold in 2006 and the ECC conduit was one of the very few non-bank ABCP issuers was not affected by the market disruption in 2007.
After selling ECC, Colin partnered with a large Canadian investment manager to develop an ABCP conduit that met the market demand for money market instruments, but which avoided the structural flaws endemic to much of the Canadian ABCP market. This conduit was ready to launch in the summer of 2007 – with an S&P rating and ‘global style liquidity’ – but was not initiated due to the market disruption in August 2007.
The result was that Colin was perhaps the only truly independent and untarnished expert available to provide advice to the affected investors during the Montreal Accord Restructuring process. In response to the market turmoil Colin founded KWG and has been engaged in education, risk assessment, litigation support, valuation, and asset management of this asset class since.
As a result of this work, Colin has become a nationally recognized expert in this field. He speaks regularly on the ABCP market and is frequently sought out by the financial print and broadcast media.
Prior to 2001, Colin worked for 10 years as a management consultant principally serving global financial institutions in Canada, the United States, and the United Kingdom. He has a Computer Science degree from the University of Manitoba and an MBA from Ivey Business School.