# Tourmalet Partners

Tourmalet Partners is a Single Family Office based in Toronto, Canada.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Toronto, Canada
- **Region:** North America
- **Address:** Toronto, ON, Canada
- **Founded:** 2023
- **Assets under management:** Undisclosed
- **Website:** tourmaletpartners.ca
- **LinkedIn:** https://ca.linkedin.com/company/tourmalet-partners

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Private Equity
- Venture Capital
- Real Estate

## People

- Anshul Ruparell — Founder

## 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.

### 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.

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Last updated: 2026-08-10T15:54:10.904Z

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