Fengate Asset Management has hired Darryl Sam as a director in the Toronto-based firm’s private equity group. He will lead the group’s origination strategy with involvement in structuring and execution of investments. Sam joins Fengate from First West Capital, where he was a senior director.
April 1, 2021
Fengate continues to expand the firm’s private equity division, welcoming Darryl Sam as the newest addition to our senior professional team. Darryl joins Fengate Private Equity as Director, Investments and Origination. In this role, Darryl leads the group’s origination strategy with active involvement in structuring and execution of new investments.
Prior to joining Fengate, Darryl was a Senior Director at First West Capital, a mezzanine and minority equity firm providing growth capital to North American mid-market businesses. Prior to First West, Darryl led the launch and development of various specialty business segments at CIT and GE Capital. “Much like the businesses and operators we look to partner with, Fengate’s Private Equity Group is in an exciting time of their evolution where their steadfast dedication can meet new market opportunity. I look forward to building on the success and commitment of the team,” says Darryl.
“We are excited to welcome Darry Sam to the Fengate Private Equity team. Darryl’s multi-asset class experience and unique ability to successfully develop busines platforms complements the growth ambitions of our group and our investor,” shares Justin Catalano, Managing Director, Group Head of Private Equity.
Fengate launched its private equity business in 2016 to provide Canadian entrepreneurs with transformative growth capital to accelerate the evolution of their business. The group develops partnerships with proven operators and provides the financial, human and strategic capital necessary to realize upon their growth ambitions. Fengate Private Equity manages over $790 million in investor commitments and has deployed $300 million of Transformational Growth Capital across six portfolio companies to date.