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Tourmalet Partners
Tourmalet Partners was established in 2023 by Anshul Ruparell as the private investment company for the Ruparell family. The family's operating history dates...
Tourmalet Partners
Tourmalet Partners was established in 2023 by Anshul Ruparell as the private investment company for the Ruparell family. The family's operating history dates to the 1980s across automotive dealerships, hotel assets, and real estate holdings in Canada. The firm deploys capital across private equity, venture opportunities, and real assets. Geographic focus remains North America. Perspectives derive from prior roles at CPP Investments, FJ Labs, and the founding of Properly, which reached $30 million in annual sales before its 2023 acquisition by Compass Real Estate. No specific portfolio holdings are publicly named on the firm site. Team size and AUM figures are not disclosed. Anshul Ruparell serves as the primary named principal and maintains additional roles as CFO and board director at Clutch and venture partner at FJ Labs. Adjacent vehicles include the Deepak Ruparell Family Foundation and The Prabhudas and Vijya Ruparell Family Foundation. The structure centers on direct operator involvement from the founding family rather than external manager mandates or broad LP commitments.
General information
Firm type
Single Family Office
Year founded
2023
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Toronto
Corporate office
Toronto, ON, Canada
Principals
Anshul Ruparell
Founder
Altss tracks 3 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at Tourmalet Partners?
Anshul Ruparell serves as founder and leads decisions. He previously worked at CPP Investments, FJ Labs, and founded Properly, which was acquired in 2023.
Where does the underlying wealth come from?
The Ruparell family built wealth through automotive retail, hospitality, and real estate businesses operated in Canada since the 1980s.
Does Tourmalet Partners participate in fund commitments or only direct deals?
The firm states it invests permanent capital directly as builder-operators. No fund commitments or external GP allocations are described.
What investment stages does Tourmalet Partners typically target?
The firm targets opportunities in private equity, venture, and real assets without specified stage restrictions in public materials.
How is Tourmalet Partners related to the Ruparell family operating businesses?
It serves as the dedicated investment vehicle for the family. Family members continue to own and operate separate assets including Silver Hotel Group and multiple automotive dealerships.
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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