Salida Capital is a Canadian private equity and private wealth management firm, based in Toronto, Ontario, and founded in 2001.[1] The company paid US$1.68 million in 2009 for some of its executives to dine with Warren Buffett, CEO of Berkshire Hathaway.[2] In April 2010, the company announced plans to launch a private equity fund, which at the time had C$100 million in seed investment committed so far.[3] Like many financial portfolios during the financial crisis of 2007–2010, Salida's hedge fund declined in value—it fell 66.5% in 2008—but it recovered a portion the following year by rising 83% (recall that to recover from a two thirds drawdown requires a 200% return).[4]
Founded in 2001, Salida Capital is one of Canada's leading natural resource investment management firms with key sectors of focus being precious metals, base metals, agriculture and energy. Salida Capital currently manages several hundred million dollars for a growing global client base of family offices, high net worth individuals and institutions. Salida Capital takes an active, opportunistic management style when investing in private, small, mid and large cap resource companies. Salida Capital has been recognized globally through numerous awards and accreditations for delivering industry leading products and performance. Partner and employee personal capital represents a significant portion of assets under management.
Funds
Through a number of Long/Short Equity funds, Salida Capital offers world class investment expertise, disciplined investment strategies and a commitment to transparency and service excellence. Salida takes an active, opportunistic management style to investing in small, mid and large cap publicly listed companies within the natural resources arena. Specific sectors of investment are energy, precious metals, base metals and agriculture. Current Long/Short Equity fund advised by Salida Capital include:
Salida Strategic Growth Fund (Canada) Salida Global Energy Fund (Canada) Salida Wealth Preservation Fund (Canada)
Salida Strategic Growth Fund (International) Salida Global Energy Fund (International) Salida Wealth Preservation Fund (International)
Investment Philosophy & Approach