We've just entered into a new partnership with Windermere Investment Corporation, a family office founded by George Myhal.
As the press release states, Windermere will take a minority interest in White Falcon in exchange for deploying additional capital into the White Falcon mandate. This capital will be managed in the same portfolio and adhere to the same terms and fees that apply to your investments. Additionally, as part of this agreement, Windermere will provide support for back-office functions, including accounting, compliance, and regulatory oversight. This assistance will enable your portfolio manager to dedicate even greater time and focus to core investment activities.
However, this isn't just about Windermere putting more capital into the mandate (though that's certainly a great vote of confidence!). The biggest news, and what we're most thrilled about, is that this partnership brings George Myhal on board as an advisor to White Falcon. George is a true legend in the asset management world. As a Senior Managing Partner at Brookfield Asset Management for 37 years, he was a pivotal force in expanding their asset management business, helping to shape it into the dominant global player that it is today. This extensive experience is complemented by his current role as Chairman of Trisura Group, a TSX listed insurance company.
Beyond his corporate achievements, George is a distinguished philanthropist, supporting institutions like the University of Toronto (where the Myhal Centre for Engineering Innovation & Entrepreneurship is named in his honor), St. Joseph's Health Centre, and most recently, Niagara College. His comprehensive leadership and philanthropic spirit are widely celebrated, including his receipt of the Order of Canada and an honorary doctorate from the University of Toronto.
On a personal note, I have known George for three years, and over that time, George has become a friend and a mentor. I would best describe George as a 'learning machine' - someone who devours information, effortlessly connects the dots, and possesses an uncanny ability to see the bigger picture. He's genuinely collaborative and always ready to share lessons learned and insights gained from decades in business. His anecdotes aren't just tales; they're direct insights forged from countless deals, challenges, and successes, offering battle-tested wisdom from the front lines of global finance that no textbook could ever provide.
What's truly remarkable is that despite his immense success and wealth, George remains incredibly down-to-earth and humble. He carries no airs, making him immediately approachable. It's truly inspiring to encounter these qualities in someone of his caliber.
“When you start to walk on the way, the way appears.”
-Rumi
After four successful years since the founding of White Falcon, this milestone marks a natural evolution in our journey. What began as an ambitious idea has now matured into a well-established platform with the infrastructure, scale, and capabilities that compare favorably with leading asset management firms in the industry.
George’s involvement as an advisor adds a seasoned and thoughtful voice to our table, enhancing the quality and depth of our decision-making. Just as significantly, Windermere's interest ensures a shared incentive to drive White Falcon’s success in investment performance, risk management and long-term business development.
This partnership is a huge vote of confidence in White Falcon's integrity, capabilities, and our investment philosophy. We're truly excited about this next chapter and believe it will only strengthen our ability to protect and compound your capital for the long haul.
A big thank you to our partners for their continued trust and partnership. Please feel free to get in touch with me if you have any questions.
