# Opportunity Calgary Investment Fund

Opportunity Calgary Investment Fund is a Private Equity based in Calgary, Canada.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Calgary, Canada
- **Region:** North America
- **Address:** Calgary, Alberta, Canada
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** opportunitycalgary.com
- **LinkedIn:** https://www.linkedin.com/company/the-opportunity-calgary-investment-fund

## Regulatory record

- **Reports private funds:** No

## About

Opportunity Calgary Investment Fund (OCIF) is a vital tool to help ensure our economy is diversified and resilient. OCIF is committed to finding, fueling and fostering opportunities with unparalleled potential, with the potential to bring prosperity to all Calgarians.

## Sectors

- Aerospace
- AgriTech & FoodTech
- Logistics & Supply Chain
- Defence Tech
- Energy Transition & Renewables

## People

- Brad Parry — CEO

## Questions

### Who runs investment decisions at OCIF?

Deployment decisions are made by OCIF’s 14-member independent Board of Directors, which includes two Calgary City Council members and a dozen senior private-sector leaders from firms such as TELUS, Bennett Jones, Bluesky Equities and Blackline Safety. CEO Brad Parry leads day-to-day operations and the administration of the fund, but the board holds the ultimate approval authority. The board’s composition is designed to bring multi-billion-dollar deal experience to the evaluation of each application.

### How is OCIF capitalized?

The fund draws entirely from the City of Calgary’s existing fiscal reserves and has no impact on property tax rates, according to the firm. No external lenders, institutional LPs, or private co-investors participate in the pool. This makes it a purely municipal balance-sheet vehicle, distinct from most labeled ‘investment funds’ that raise third-party capital.

### What does OCIF’s typical deal look like?

OCIF provides catalytic grants that can cover up to 50 percent of a project’s total budget. The applicant must be registered to do business in Canada, the project must be located in Calgary, and it must be catalytic rather than incremental — the fund’s mandate excludes working capital, marketing, market research, and prototype development. A representative commitment is the $2.5 million over four years directed to Lufthansa Technik’s Calgary MRO hub, alongside co-funding from provincial and federal government agencies.

### Which sectors does OCIF target?

The fund invests in projects aligned with Calgary’s economic diversification strategy, with recent commitments spanning aerospace (Lufthansa Technik), agriculture and foodtech (AgSphere), defence and dual-use technology (xPAND hub), and transportation logistics (Alberta Logistics Centre of Excellence). Workforce training and office-space absorption projects are also in the portfolio. Oil and gas is conspicuously absent from the disclosed project list.

### How is OCIF related to Calgary Economic Development?

Calgary Economic Development administers OCIF under a service agreement with the City of Calgary, but a separate 14-member board governs the fund’s deployment decisions. The arrangement keeps operational execution inside the city’s economic-development agency while insulating investment decisions from direct city-council control, apart from the two council members who sit on the board.

## Related profiles

- [Opple](https://altss.com/profile/opple)
- [Opportunity Finance Network](https://altss.com/profile/opportunity-finance-network)

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Last updated: 2026-06-03T20:00:00.000Z

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