Montreal-based Evovest, an innovative portfolio manager that integrates machine learning with best practices in portfolio management, has announced a minority investment from Walter Capital Management. This partnership positions Walter Capital as a growth partner for the firm, providing resources to accelerate its research and development efforts.
Strategic Partnership Details
Evovest, a Canadian pioneer in applying machine learning and artificial intelligence to alpha prediction, will benefit from Walter Capital Management's support and ecosystem. The partnership aims to fuel Evovest's development and advance its ambition to build a world-class quantitative investment firm from Montreal.
The collaboration will also allow Walter Capital Management to enhance its offerings with Evovest's complementary equity market investment strategies. These strategies leverage proprietary machine learning models to capture opportunities across evolving market conditions.
Leadership Perspectives
Carl Dussault, Founder and CEO of Evovest, expressed enthusiasm about the partnership. "This partnership with Walter Capital Management reflects a long-term vision we fully share. Walter Capital Management's commitment alongside us speaks to their confidence in our potential and their genuine desire to help us reach our next stage of growth."
René Fournier, Chief Executive Officer and Chief Investment Officer of Walter Capital Management, added, "At Walter Capital Management, we believe that innovation is a key driver of performance and differentiation, even in investment management. We have been closely following Evovest for several years and are excited to work with a team whose investment process clearly stands out in the industry."
About Evovest
Founded in 2017, Evovest is an innovative equity portfolio manager that combines fundamental analysis and machine learning in a systematic investment process. The firm is employee-owned with a streamlined structure ensuring alignment of interests. Evovest is B Corp certified and committed to promoting diversity and inclusion throughout the firm. For more information, visit www.evovest.com.
About Walter Capital Management
Walter Capital Management is an asset management firm offering diversified high-performance investment strategies in public markets and private equity. Its divisions include Walter Public Investments, Walter Capital Partners (managing a portfolio of growing Canadian SMEs), and Walter Global Asset Management (an international fund of asset management firms). With a strong foundation in entrepreneurship and family values, Walter promotes alignment of interests with its clients by investing side-by-side with them. For more information, visit www.waltercapitalmanagement.ca.
