KILGOUR WILLIAMS CAPITAL
Kilgour Williams Capital is an asset management boutique known for its credit expertise.
We rose to prominence during the global credit crunch of 2007 as a structured credit advisor helping those corporations, institutions, and retail investors who were hurt by the meltdown of Canada’s $34 billion Third Party Asset-Backed Commercial Paper market. We provided advisory, risk management, valuation, trading, and litigation support to investors, regulators, and investment dealers across Canada and the United States.
Over the ensuing decade, Kilgour Williams advised credit investors whose holdings represented approximately 20% of the paper outstanding – roughly $2 billions. From 2009 to 2017, Kilgour Williams clients typically enjoyed annual returns in the mid to high teens.
In 2017 KWC launched KiWi Private Credit Fund to invest in marketplace loans. This provides Canadian investors access to high yielding, rapidly growing asset class. Click here to learn more about the KiWi Fund. As the first marketplace loan fund managers in Canada, KWC is dedicated to industry and investor education. In June 2018 KWC hosted the inaugural Canadian Online Lending Forum (CanLend) where investors and financial advisors were able to learn more about the online lending landscape in Canada and the United States and to hear directly from different lending platforms from both countries. The firm’s principals each have 20 years of senior level experience in managing all forms of credit investments: Corporate and commercial loans, structured credit and securitized products, small business loans, consumer loans and mortgages.
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. He founded the predecessor firm of KWC in 2007.
Prior to joining, he was the Chief Investment Officer of Dundee Bank of Canada. He has been working as a KWC principal since 2009. From 2001 to 2006, he was the Head of Credit Portfolio Management for National Bank of Canada where he had oversight to maximize the risk-adjusted return on the bank’s $4 billion portfolios of corporate loans. Dan established the bank’s centralized Credit Portfolio Management function and sat on the Deals Committee, which reviewed and adjudicated every corporate loan. New measurements of bank-wide loan value were introduced and advanced portfolio-level risk models were implemented to identify industry and geographic risks, which were then hedged using credit derivatives.
Sylvain Brosseau is CEO of Walter Global Asset Management and has over 25 years of experience in the investment management industry, including his tenure as Global President and Chief Operating Officer of Fiera Capital from 2003 to 2017. Under his leadership, the company grew its assets under management from $5 billion to $120 billion and its market capitalization from $20 million to over $1 billion. He also spearheaded the firm’s international expansion, overseeing more than 15 acquisitions across Canada, the United States and Europe and the opening of new offices throughout North America and Europe.
Vice President, Business Development
Luigi joined KWC in June 2020, providing business development, client service and capital raising expertise to the firm. Prior to joining KWC, Luigi was the Director, Business Development and Client Services at Morguard Investments Ltd where he managed a portfolio of domestic and international institutional clients. Prior to that, he was a senior debt originator at Westdeusche Immobilien Bank in London, England. He has also worked at CIBC World Markets, NIB Capital and Mizuho Corporate Bank in London (England) where he acquired credit risk and portfolio management skills, capital structuring, origination and client relationship management experience in structured finance, real estate and project finance.
Walter Global Asset Management (WGAM) is an international private equity platform providing development capital and expertise to growth-oriented boutique asset management leaders and to strategic service providers in the industry. In 2020, WGAM purchased a minority equity position in Kilgour Williams Capital.
WGAM acts as a true, active business partner for asset management companies with an entrepreneurial mindset, in order to facilitate, accelerate and sustain their growth. WGAM is committed to being a permanent and reliable institutional partner for its portfolio companies and to supporting them in key strategic areas: operational efficiency, human capital development, innovation and distribution.
KILGOUR WILLIAMS CAPITAL
Kilgour Williams Capital is registered with the Ontario Securities Commission and Quebec’s Autorité des marchés financiers as an Exempt Market Dealer, Investment Fund Manager, and Restricted Portfolio Manager.