Addenda Capital

Roger Beauchemin has served as President and CEO since 2012, having joined the firm in 1999. Investment decisions are executed by dedicated portfolio management teams for each asset class — fixed income, equities, real estate debt, infrastructure, and private credit — operating under an investment committee structure. The firm has not publicly disclosed its full investment committee membership or individual portfolio manager names beyond the C-suite.

Addenda Capital is a wholly owned subsidiary of Co-operators Financial Services Limited, which is part of The Co-operators Group — a Canadian insurance and financial services cooperative. The parent entity is itself owned by a federation of Canadian credit unions and cooperatives. Despite the ownership structure, Addenda operates with its own board of directors, independent investment governance, and separate regulatory registrations as a portfolio manager and exempt market dealer.

Yes. Addenda has a dedicated practice serving First Nations trusts and Indigenous institutional investors in Canada, managing fixed-income and multi-asset portfolios designed for the long-duration liability profiles of settlement trusts and community-owned capital pools. The firm's cooperative parentage and Montreal base have historically underpinned these relationships, though Addenda has not published a full client list or mandate sizes for this segment.

No. Addenda Capital does not publicly disclose total assets under management or deployment figures. The firm's parent, Co-operators Financial Services Limited, reports consolidated insurance and investment assets, but Addenda's specific AUM is not broken out. This opacity is common among subsidiary asset managers that primarily serve an affiliated insurance balance sheet and a small institutional client base.