Vernon & Park Capital invests in Aequitas Innovations

U.S. private equity firm Vernon & Park Capital has confirmed that it has become an investor in Aequitas Innovations, the parent company of Aequitas NEO Exchange, a new Canadian stock exchange. The value of the investment was not disclosed. As recently reported by Reuters, Vernon & Park joins a new group of Aequitas’ shareholders, including British Columbia Investment Management Corp (bcIMC). Based in Chicago, Vernon & Park specializes in investments in the exchange and financial market sector. The firm said the Aequitas NEO Exchange “is a significant step forward in the evolution of market structure design.”


Vernon & Park Capital L.P. announces it has become a shareholder of Aequitas Innovation

CHICAGO, March 19, 2015 – Vernon & Park Capital L.P. is pleased to announce it has become a shareholder of Aequitas Innovations, the parent company of the new Canadian stock exchange – Aequitas NEO Exchange. Aequitas recently announced the completion of the significantly oversubscribed pre-launch share offering, ahead of the March 27, 2015 operations launch of the NEO Exchange.

New shareholders in addition to Vernon & Park include: Invesco Canada Ltd., British Columbia Investment Management Corporation, Davis Rea Ltd., Jones Gable & Co Ltd, Maison Placements Canada Inc., and BBS Securities Inc. These new Shareholders join existing shareholders Barclays Corporation Limited, CI Investments, IGM Financial, ITG Canada, BCE, OMERS Capital Markets, PSP Public Markets, and RBC Dominion Securities. The diversified shareholder group comprises many important Canadian marketplace participants.

“I am very honored and pleased to be able to welcome such a strong and diversified group of new shareholders,” stated Jos Schmitt, President & Chief Executive Officer, Aequitas. “Our shareholders clearly share our vision on how to restore investor confidence, revive public company success and re-energize the role of the dealers. They have laid the foundations of the NEO Exchange, an exchange Canadians can believe in and the industry can be proud of.”

“Having significant experience in the exchange sector, Vernon & Park Capital believes the NEO Exchange market model is a significant step forward in the evolution of market structure design. The model recognizes the important contributions of all market participants and creates a fair environment for them to transact in,” said Vernon & Park Managing Partner, Jim Ginsburg. “The rules guiding NEO are extremely thoughtful and represent a major improvement over existing market structures globally.”

“We are pleased to count Vernon & Park among our shareholders,” added Mr. Schmitt, “They are experienced exchange investors and their extensive industry network will bring important value to us as we build the Neo Exchange.” More information about Aequitas NEO Exchange can be found here:

About Vernon & Park Capital, L.P.

Vernon & Park Capital, L.P. (“VPC”) is a private equity firm that focuses on investments in the Exchange and Financial Market Sector (the “Sector”). Since 2001, VPC and affiliated parties have combined industry expertise and experience to successfully deploy its investment capital in the Sector. VPC provides capital to its portfolio companies and utilizes its extensive network of industry contacts as a strategic resource to help those companies realize their full economic potential. For further information, please visit:

Source: Vernon & Park Capital LP

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