Asset Manager

Updated:

West Face Capital

The firm is an investment management firm that specializes in event-oriented investments. It primarily invests in Canadian and U.S. stocks, with consideration...

West Face Capital logo

West Face Capital

The firm is an investment management firm that specializes in event-oriented investments. It primarily invests in Canadian and U.S. stocks, with consideration for international opportunities and bonds, convertibles as well.

General information

Firm type

Generalist

Year founded

2006

Location

Region

North America

Country

Canada

City

Toronto

Corporate office

Toronto, ON, Canada

Principals

Greg Boland

Founder and CEO

Sector focus

BuyoutSpecial SituationsEnergy Transition & RenewablesReal EstatePrivate Credit

Frequently asked questions

Who runs investment decisions at West Face Capital?

Greg Boland is the founder, CEO, and primary investment decision-maker. The firm operates with a flat structure centered on Boland's oversight, consistent with the concentrated, conviction-weighted bets it is known for.

What is West Face Capital's activist track record?

West Face cemented its activist reputation during the 2012 Canadian Pacific Railway proxy fight, where it was an early shareholder pushing for board change alongside Pershing Square. The successful campaign led to a management overhaul and a subsequent turnaround in CP's operating performance. The firm also agitated for changes at Maple Leaf Foods.

Does West Face Capital co-invest with other firms?

Yes. West Face has partnered with other institutional investors and asset managers on specific transactions, including KingSett Capital on the Fairmont Royal York hotel acquisition. The firm uses co-investment structures to size up on larger real estate and buyout deals.

How does West Face Capital source its investment opportunities?

Boland sources opportunities through a network built over decades in Canadian finance. The firm's activist posture also generates proprietary deal flow — companies and their advisors often engage West Face preemptively when a contested situation appears likely.

What investment structures does West Face Capital use?

The firm operates across multiple structures including direct private equity buyouts, public-market activist stakes, distressed debt purchases, and real estate joint ventures. It is not constrained to a single fund vehicle and has structured bespoke partnerships for specific investments.

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