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Calgary Enterprises
Calgary Enterprises was founded in 1988 by Steven Insalaco. The firm operates as both a family office and a corporate management vehicle that identifies and...
Calgary Enterprises
Calgary Enterprises was founded in 1988 by Steven Insalaco. The firm operates as both a family office and a corporate management vehicle that identifies and improves portfolio holdings. Investment activity spans direct co-investments, distressed situations, private equity, real estate, and natural resources. Positions target early-stage through middle-market companies. Confirmed holdings include hydro-electric assets in the Philippines and the San Silencio resort development in partnership with Jumeirah. The firm also maintains residential and commercial real estate in New York and mixed-use housing in Zambia and Tanzania. Geographic focus remains North America with selective exposure elsewhere through specific projects. Steven Insalaco serves as President and Managing Partner. Andrew Lester acts as Managing Partner and Chief Investment Officer. Marshall L. Heard covers aerospace as Managing Partner. The firm lists business associations with Admodum Investment Holdings, Leaf Capital Partners, Alliance Global Finance, Rishon Capital Partners, and CompanyCapital. No headcount or AUM figures appear in public materials. A federal contract held between 2008 and 2010 is the only dated operational record available. The firm maintains memberships in the New York Athletic Club and the New York Society of Security Analysts, where Insalaco served on the Investment Strategy Committee. Governance centers on direct operational involvement rather than passive fund commitments, with decisions executed through named principals and selected co-investors.
General information
Firm type
Single Family Office
Year founded
1988
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Steven Insalaco
President and Managing Partner
Andrew Lester
Managing Partner and Chief Investment Officer
Marshall L. Heard
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Calgary Enterprises?
Steven Insalaco serves as President and Managing Partner. Andrew Lester holds the role of Managing Partner and Chief Investment Officer. Marshall L. Heard acts as Managing Partner with aerospace responsibility.
How does Calgary Enterprises source proprietary deal flow?
The firm relies on named business partners including Admodum Investment Holdings, Leaf Capital Partners, and Alliance Global Finance. Steven Insalaco maintains professional networks through the New York Society of Security Analysts.
Is Calgary Enterprises structured as a single family office or does it operate more like a venture firm?
The firm functions as a single family office that also provides operational management services. It deploys executive teams to portfolio companies rather than limiting activity to passive capital allocation.
Does Calgary Enterprises participate in fund commitments or only direct deals?
Activity centers on direct co-investments, SPVs, distressed situations, and real estate holdings. No fund commitments are recorded in available materials.
What investment stages does Calgary Enterprises typically target?
The firm covers early stage, growth, and middle market opportunities. Confirmed activity includes distressed and turnaround situations alongside real asset acquisitions.
Where does the underlying wealth come from?
No public disclosure identifies the original source of capital. The firm is described as serving family offices and other capital sources through joint ventures.
What is Calgary Enterprises known posture on co-investments alongside external GPs?
The firm works through listed business partners and named co-investors such as Jeths Lacson of Starfleet Innotech. Relationships emphasize operational involvement over standard fund participation.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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