Bank / Wealth / TrustRIA · CRD 107557SEC-RegisteredPrivate Fund Adviser

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Connor, Clark & Lunn Investment Management

Connor, Clark & Lunn Investment Management launched in 1982 and operates as the institutional affiliate within the Connor, Clark & Lunn Financial Group.

Connor, Clark & Lunn Investment Management

Connor, Clark & Lunn Investment Management launched in 1982 and operates as the institutional affiliate within the Connor, Clark & Lunn Financial Group. The platform's multi-boutique model lets independently managed teams—such as Baker Gilmore, Banyan Capital Partners, CC&L Infrastructure, Crestpoint Real Estate Investments, Global Alpha, NS Partners, and Scheer Rowlett—run distinct investment processes while sharing operational, distribution, and compliance infrastructure. The firm positions itself as employee-owned, with investment professionals holding equity in their respective affiliates. CC&L Investment Management runs strategies across equities, fixed income, alternatives, and multi-asset classes. The broader group extends into infrastructure through CC&L Infrastructure, real estate via Crestpoint, private equity with Banyan Capital Partners, and global equity from Global Alpha. Institutional distribution spans Canada, the United States, the UK, and India, supporting a client base that includes pension plans, endowments, foundations, and defined contribution investors. Recent deployment data isn't itemized, but the firm reported expanding its LP Fund platform in Q1 2026 and continues to publish on freight rail, digital infrastructure, and global equity themes. The overall Connor, Clark & Lunn Financial Group manages over CAD $188 billion. Nearly a dozen affiliates contribute investment management capabilities, with Jean-Philippe Lemay leading global institutional sales and a US co-head structure under Eric Hasenauer and John Ricketts. In April 2026, the leadership team added Josh Borys as Managing Director. The firm operates offices in the US, the UK, and India alongside its Vancouver headquarters, and maintains an institutional sales presence in Europe through Carlos Stelin. The multi-boutique architecture separates CC&L from conventional single-brand asset managers. Each affiliate preserves investment autonomy while the central platform provides capital, distribution, and compliance support. This structure aims to retain specialized talent and avoid mandate drift, an approach that has attracted teams like NS Partners and Scheer Rowlett to the CC&L umbrella over a span that now exceeds 40 years.

General information

Firm type

Bank / Wealth / Trust

Year founded

1982

AUM

$26.5B (CAD $188B, per firm website) (Altss estimate)

Location

Region

North America

Country

Canada

City

Vancouver

Corporate office

Vancouver, British Columbia, Canada

Additional offices

United States · United Kingdom · India

Principals

Josh Borys

Managing Director

Jean-Philippe Lemay

Managing Director, Head of Institutional Sales, Global

Eric Hasenauer

Senior Vice President, Co-Head of Institutional Sales, USA

John Ricketts

Senior Vice President, Co-Head of Institutional Sales, USA

Carlos Stelin

Director of Institutional Sales, Europe

Sector focus

InfrastructureReal EstatePrivate CreditHedge FundsSecondaries & Special Situations

Frequently asked questions

Who runs investment decisions at Connor, Clark & Lunn?

Investment decisions sit within each independent affiliate. CC&L Financial Group provides the multi-boutique platform, but teams such as Baker Gilmore, Global Alpha, and NS Partners maintain full investment autonomy. The platform does not impose a central portfolio-construction mandate, which keeps each strategy's P&L and process ring-fenced from the others.

How does Connor, Clark & Lunn source institutional clients?

Institutional distribution runs through a leadership team headed by Jean-Philippe Lemay globally, with Eric Hasenauer and John Ricketts as co-heads of US institutional sales and Carlos Stelin covering Europe. The firm targets pension plans, endowments, foundations, and defined contribution investors across Canada, the US, the UK, and India.

Is Connor, Clark & Lunn a single firm or a collection of separate managers?

It operates as a multi-boutique asset management platform. The central entity is Connor, Clark & Lunn Financial Group, which houses independently named affiliates such as CC&L Infrastructure, Crestpoint Real Estate Investments, and Global Alpha. Each affiliate runs its own investment process while using shared distribution, legal, and operating resources.

Does Connor, Clark & Lunn participate in fund commitments or only direct mandates?

The firm offers both fund structures and direct investment strategies across its affiliates. In Q1 2026, CC&L Investment Management expanded its LP Fund platform, indicating pooled vehicle access alongside separately managed mandates for institutional clients.

What investment stages does CC&L Infrastructure target?

CC&L Infrastructure targets equity and debt investments in established infrastructure assets, with recent published commentary focusing on freight rail and digital infrastructure. The firm typically invests in operational, cash-generating assets rather than greenfield development, targeting institutional portfolios in North America and Europe.

How is CC&L Investment Management related to CC&L Financial Group?

CC&L Investment Management is the institutional investment affiliate of Connor, Clark & Lunn Financial Group. The Financial Group is the parent platform that owns and operates multiple investment boutiques; CC&L Investment Management specifically runs institutional equity, fixed income, and multi-asset strategies under the CC&L brand.

Does Connor, Clark & Lunn maintain any philanthropic or foundation structures?

No philanthropic foundation structure is publicly disclosed in available CC&L materials. The firm channels capital exclusively through its investment affiliates and institutional sales teams, with no separate charitable entity identified on the corporate website.

Profile maintained by 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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