Dancap Family Investment Office

Dancap Family Investment Office

Dancap Family Investment Office was established in 2000 by Aubrey Dan and Elias Toby. The Dan family sold its stake in the Canadian generic pharmaceutical company Novopharm Limited that same year, using the proceeds to seed the office. The portfolio has since expanded to more than 50 specialized asset managers and 120 funds. The office invests in private equity through buyout, growth equity and secondaries strategies, real estate across multifamily, mixed-use and hospitality assets, private credit including corporate and real estate debt, hedge funds and public equities. It commits to blind-pool funds and pledge funds as well as direct co-investments. Confirmed holdings include positions in Sonceto Apartments, The Well in Toronto and Friday Harbour Resort. Geographic exposure runs 60 to 80 percent to the United States with the balance in Canada. The team of eight named professionals reviews more than 500 opportunities annually. Additional vehicles include the Aubrey & Marla Dan Foundation, which focuses on youth mental health, homelessness and education. The firm plans to relocate its headquarters to a restored heritage property at 1067 Yonge Street in Toronto. No operational events from the last 24 months appear in public records. Dancap maintains an Investment Committee chaired by Aubrey Dan that convenes weekly to review macroeconomic conditions, existing holdings and new opportunities. All team members contribute to discussions, yet the principal retains final decision rights. This governance model separates day-to-day due diligence led by Elias Toby from ultimate capital allocation authority.