Predict your next investment

Venture Capital
edgestone.com

See what CB Insights has to offer

Investments

28

Portfolio Exits

9

Funds

9

About EdgeStone Capital Partners

EdgeStone Capital Partners is a Canadian private equity firms with in excess of $2.5 billion of funds committed to date from institutional and high-net-worth clients. EdgeStone provides capital, strategic direction and business and financial advice to mid-market and early-stage companies.

EdgeStone Capital Partners Headquarter Location

The Exchange Tower 130 King Street West

Toronto, Ontario, M5X 1A6,

Canada

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest EdgeStone Capital Partners News

Berkeley Capital Management to Acquire the Delta Asset Management Division of ING Investment Management

Jun 16, 2020

October 21, 2004 09:50 AM Eastern Daylight Time SAN FRANCISCO--( BUSINESS WIRE )--Oct. 21, 2004--Berkeley Capital Management LLC, an independent firm managing approximately $1.4 billion in assets for institutional and individual investors, is pleased to announce that it has signed a definitive agreement to acquire the Delta Asset Management Division of ING Investment Management Co., part of ING Group, a global financial services company based in the Netherlands. Financial terms for the acquisition, expected to close later this year, weren't disclosed. The combination of Berkeley and Delta creates a diversified West Coast-based investment management firm that provides US equity, balanced and fixed income portfolios to its clients. The combined company will employ 30 people and manage assets in excess of $5 billion serving primarily the separately managed account and institutional marketplaces. Delta's operations will remain in Los Angeles as part of the new Delta division of Berkeley Capital Management, and all Delta employees will continue in their current roles. Administrative and marketing support will be based in Berkeley's San Francisco office. The management group of the combined Berkeley and Delta investment business will expand their ownership to approximately 30% of the company. Financing for the transaction will be provided by current investor Lovell Minnick Partners and new investor EdgeStone Capital Partners. In 2003, Lovell Minnick Partners and Berkeley's management team acquired substantially all of the assets of Berkeley from London Pacific Group Ltd. "We were attracted to Delta's impressive investment performance record and long-standing institutional client relationships," said James E. Landau, Chief Executive Officer of Berkeley. "This acquisition is consistent with Berkeley's plans to seek new products and investment capabilities for the separately managed account programs in which we participate. In addition, the combination with Delta gives our firm an immediate presence in the institutional market." "We are pleased to be joining Berkeley,'' said Robert U. Sandroni, Senior Managing Director of Delta. Sandroni, who will become Vice Chairman of Berkeley, added: ``Our objectives for the business are compatible with those of our new partners, and we admire the marketing team that John Hart, President of Berkeley, has been building." "The merger of Delta and Berkeley ensures the continuity of our investment culture and our service approach toward our clients,'' said Carl L. Goldsmith, Chief Investment Officer of Delta. ``Our investment process and strategy will remain unchanged, and we believe our clients will be well served by this combination." "Since we made our initial investment in Berkeley last year, we have worked closely with management to develop a strategy to build a multi-product, multi-channel investment firm on the West Coast,'' said Jeffrey D. Lovell, Managing Director of Lovell Minnick Partners and Chairman of Berkeley. ``We believe the acquisition of Delta is a significant step toward achieving this goal." "We are very pleased with this transaction and the opportunity it provides Delta to strengthen and grow its West Coast based business while allowing ING to continue a dedicated focus on building its fundamental and quantitative capabilities in New York," said Bob Crispin, Chairman & CEO of ING Investment Management. UBS Investment Bank advised ING Investment Management in the transaction. About Berkeley Berkeley is a San Francisco, California-based registered investment advisor managing approximately $1.4 billion in assets, primarily in intermediary-sold separately managed accounts. The company's primary investment product is its Dividend Equity style which focuses on high relative dividend yield large-cap US equities. The firm also offers small-mid cap equity, fixed income and balanced styles. Berkeley's clients include individuals, corporate pension plans, endowments and foundations. For more information regarding Berkeley visit www.Berkeleycm.com About Delta Delta is based in Los Angeles, California and currently manages approximately $4 billion of equity assets for an institutional client base, including numerous public and corporate pension funds. Delta was formed in 1991 with backing from Furman Selz Capital Management LLC, by several investment management executives who had worked together for the prior 12 years at a major global bank holding company. Furman Selz was acquired by ING Group in 1997. Delta's primary investment style is large cap core equity and it also manages an enhanced index product. About Lovell Minnick Partners Lovell Minnick Partners is a Los Angeles, California-based independent investment firm providing buyout and growth capital to developing companies in the global financial services industry. Lovell Minnick Partners manages partnerships totaling more than $150 million for qualified private and institutional investors. Portfolio companies of Lovell Minnick manage nearly $30 billion of assets for institutions, high-net-worth individuals and mutual fund clients. For more information regarding Lovell Minnick Partners visit www.LovellMinnick.com About EdgeStone Capital Partners Based in Toronto, Ontario, EdgeStone Capital Partners manages approximately $1.4 billion of private capital on behalf of institutional and high net worth clients employing a family of funds approach. EdgeStone's strategy is designed to drive superior investment performance by leveraging synergies across its family of funds, capitalizing on the resources of the firm's strategic and business partners, and capturing value creation opportunities throughout its investment portfolios. For more information regarding EdgeStone Capital Partners visit www.EdgeStone.com

EdgeStone Capital Partners Investments

28 Investments

EdgeStone Capital Partners has made 28 investments. Their latest investment was in Spectra7 Microsystems as part of their Series A on August 8, 2012.

CBI Logo

EdgeStone Capital Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/14/2012

Series A

Spectra7 Microsystems

$11M

Yes

1

3/26/2012

Series C

Densify

$15M

No

1

9/20/2010

Series A - II

Work.com

$7M

Yes

1

12/15/2009

Series B

Subscribe to see more

$99M

Subscribe to see more

0

10/7/2009

Series C

Subscribe to see more

$99M

Subscribe to see more

0

Date

8/14/2012

3/26/2012

9/20/2010

12/15/2009

10/7/2009

Round

Series A

Series C

Series A - II

Series B

Series C

Company

Spectra7 Microsystems

Densify

Work.com

Subscribe to see more

Subscribe to see more

Amount

$11M

$15M

$7M

$99M

$99M

New?

Yes

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

1

1

0

0

EdgeStone Capital Partners Portfolio Exits

9 Portfolio Exits

EdgeStone Capital Partners has 9 portfolio exits. Their latest portfolio exit was Hair Club for Men and Women on April 11, 2013.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/11/2013

Acquired - II

$99M

1

2/19/2013

IPO

Subscribe to see more

$99M

Subscribe to see more

10

7/18/2012

Merger

Subscribe to see more

$99M

Subscribe to see more

10

4/13/2012

Acquired

Subscribe to see more

$99M

Subscribe to see more

0

12/15/2011

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

4/11/2013

2/19/2013

7/18/2012

4/13/2012

12/15/2011

Exit

Acquired - II

IPO

Merger

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

0

10

EdgeStone Capital Partners Acquisitions

5 Acquisitions

EdgeStone Capital Partners acquired 5 companies. Their latest acquisition was Stephensons Rental Services on July 18, 2007.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/18/2007

$99M

Take Private

1

6/14/2007

Subscribe to see more

$99M

Subscribe to see more

10

2/18/2005

Subscribe to see more

$99M

Subscribe to see more

0

11/14/2002

Subscribe to see more

$99M

Subscribe to see more

0

7/6/2002

Subscribe to see more

$99M

Subscribe to see more

0

Date

7/18/2007

6/14/2007

2/18/2005

11/14/2002

7/6/2002

Investment Stage

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Take Private

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

0

0

0

EdgeStone Capital Partners Fund History

9 Fund Histories

EdgeStone Capital Partners has 9 funds, including EdgeStone Capital Venture Fund III LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

4/9/2009

EdgeStone Capital Venture Fund III LP

Multi-Stage Venture Capital

Withdrawn

$100M

1

2/28/2008

EdgeStone Capital Energy Fund LP

Subscribe to see more

Subscribe to see more

$99M

10

4/27/2006

EdgeStone Capital Equity Fund III LP

Subscribe to see more

Subscribe to see more

$99M

10

12/31/2004

EdgeStone Capital Venture Fund II LP

Subscribe to see more

Subscribe to see more

$99M

10

11/4/2003

EdgeStone Capital Equity Fund II LP

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

4/9/2009

2/28/2008

4/27/2006

12/31/2004

11/4/2003

Fund

EdgeStone Capital Venture Fund III LP

EdgeStone Capital Energy Fund LP

EdgeStone Capital Equity Fund III LP

EdgeStone Capital Venture Fund II LP

EdgeStone Capital Equity Fund II LP

Fund Type

Multi-Stage Venture Capital

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Withdrawn

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$100M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

EdgeStone Capital Partners Team

5 Team Members

EdgeStone Capital Partners has 5 team members, including current President, Sandra Bosela.

Name

Work History

Title

Status

Sam Duboc

Founder

Current

Sandra Bosela

President

Current

John Gort

Chief Financial Officer

Current

Mary Anne Palangio

President

Former

Bryan Kerdman

Managing Partner

Former

Name

Sam Duboc

Sandra Bosela

John Gort

Mary Anne Palangio

Bryan Kerdman

Work History

Title

Founder

President

Chief Financial Officer

President

Managing Partner

Status

Current

Current

Current

Former

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.