Asset Manager

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Laurence Capital

Laurence Capital is a private capital firm founded in 2004 in Waterloo, Canada. It invests in later-stage companies and develops businesses from the ground up.

Laurence Capital

Laurence Capital is a private capital firm founded in 2004 in Waterloo, Canada. It invests in later-stage companies and develops businesses from the ground up. The firm focuses on technology, financial services, and real estate industries.

General information

Firm type

Generalist

Year founded

2004

Location

Region

North America

Country

Canada

City

Waterloo

Corporate office

Waterloo, Ontario, Canada

Principals

Peter Schwartz

Founder and Chairman

Mark D. Lee

Partner and Co-founder

Tiana Laurence

General Partner, Laurence Innovation

Sector focus

Enterprise SoftwareFinTechReal EstatePropTechDigital HealthAI/ML

Frequently asked questions

Who runs investment decisions at Laurence Capital?

Peter Schwartz, as Founder and Chairman, oversees the firm's dual investment activities across venture capital and real estate. On the technology side, Tiana Laurence serves as General Partner of Laurence Innovation, leading tech venture investments. Mark D. Lee is a Partner and Co-founder, involved in the firm's strategic direction and deal execution.

How is Laurence Capital structured — as a family office, venture firm, or real estate operator?

Laurence Capital operates as a hybrid investment company. It is not a single family office or a traditional venture fund, but rather a permanent-capital vehicle that manages a venture portfolio through Laurence Innovation and a commercial real estate portfolio through Laurence Development LP. This structure avoids the fundraising cycle and limited-partner constraints of standard venture firms.

Does Laurence Capital participate in fund commitments or only direct deals?

The firm primarily makes direct investments in technology startups and directly owns real estate assets. Public records indicate a co-investment relationship with Relay Ventures, a prominent Canadian venture capital firm, suggesting Laurence Capital participates alongside venture funds in direct deals rather than committing capital as a limited partner into those funds.

What real estate assets does Laurence Capital own?

The firm's real estate portfolio is concentrated in Southern Ontario and includes The Bauer Buildings in Waterloo, Deer Ridge Centre in Kitchener, and the Provence Development LP mixed-use project. The firm also holds recreational property in the Muskoka region through Oviinbyrd Golf Club and Oviinbyrd Forest.

What is Laurence Capital's geographic and sector focus?

Geographically, the firm is rooted in Waterloo, Ontario's technology corridor, with real estate concentrated in the same region. Sector focus for venture investments includes enterprise software, fintech, digital health, and proptech — aligning with the strengths of the Waterloo-Toronto tech ecosystem. The co-investment relationship with Relay Ventures expands this reach.

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