About

About

An Independent Firm With Operations In Canada, the US and Turkey

Cheverny Capital Inc. is an independent advisory firm headquartered in Montreal, Canada and having representative offices in Greenwich, Connecticut and Istanbul, Turkey.

The firm was established to adapt an old but highly effective model – a partner-owned firm offering nothing but high-quality advice – to modern capital markets. Cheverny’s partners – all of whom have backgrounds at leading global investment banks, private banks and corporations – founded the firm in reaction to the conflicts of interest endemic in the large banks focused on quarterly profits.

Cheverny Capital is registered as an Exempt Market Dealer with the regulatory agencies of the Provinces of Quebec, Ontario, British Columbia and Alberta. Cheverny is an affiliate of Cordiant Capital Inc., which is also registered as an Exempt Market Dealer in the Provinces of Quebec, Ontario and Alberta.

Two Core Products, Common Principles

I. Advisory:  Cheverny’s Advisory Group provides advice on mergers, acquisitions, private debt and equity financings and capital structure optimisation. Cheverny has a strong focus on emerging market as well as certain global sectors (such as TMT). Transactions are frequently cross-border and/or complicated in nature. Cheverny will also structure partnership capital transactions where the firm, operating in tandem with other private investors, may provide both advice and capital to assist a corporation in seeking to identify and implement the right capital structure to support its objectives.  Cheverny believes that large, integrated financial services firms serve many competing interests and generate an alarmingly high percentage of revenues from activities rife with conflicting interests.Drawing on deep practitioner experience in investment banking, and informed by sectoral expertise in focus industries is fully independent and has frequently worked as an independent co-adviser alongside the large bank-owned firms, affording the client Board of Directors and shareholders an independent and impartial view.

II. Third Party Fund Marketing: Cheverny’s Third Party Marketing Group assists unique, best-of-breed managers in gaining access to large pools of institutional capital. The Third Party Marketing Group brings both consulting and buy-side experience to bear.

Our business model is based on providing high-quality advice characterised by intellectual integrity, dedication to client interests and a supple and versatile approach to the challenge at hand.

The partners of the firm each have in excess of two decades experience as investment bankers and private equity investors at firms such as Goldman Sachs, JPMorgan, Pictet & Cie. and RBC Capital Markets.

Cheverny’s principals have advised on or led investments and cross-border transactions in many markets around the world. The partners have also served on the boards of both public and private companies. Cheverny’s team is amongst the most experienced in its market.

Companies that do business with Cheverny can expect the full attention of senior partners of the firm.

Cheverny’s partners – all of whom have backgrounds at leading global investment banks, private banks and corporations – founded the firm in reaction to the conflicts of interest endemic in the current financial market dominated by large banks focused on quarterly profits.

Managing Partners of the Firm

James T. Kiernan was formerly President of Goldman Sachs Canada Inc. and, prior thereto, a senior member of the fixed income group  of Goldman Sachs & Co. in London where his account coverage responsibilities included the development of significant institutional relationships with Lloyd’s of London, Crown Agents, Morgan Grenfell, NM Rothschilds, Klienwort Benson, and Greek shipping interests. He completed his Bachelor of Arts  at Brown University and his Master of Business Administration at Harvard University. He is a past member of the Board of Directors of The Montreal Exchange, The American Friends of Canada, and The Canada-U.S. Fulbright Program. He is a past member of the Executive Committee of the Investment Dealers Association of Canada (1990-1992), as well as Chairman of its Capital Markets Committee

Benn Mikula has, over the course of his career, served as Managing Director and Head of European Technology Investment Banking at JPMorgan in London as well as Managing Director and Head of Technology Equities Research at RBC Capital Markets (where he was the #1 ranked analyst in the sector for several years and developed the Whistler Technology, Media & Telecoms Conference). He has also held the directorships of several companies including MegaBrands (MB – TSX), where he joined the board to work on that company’s successful financial restructuring. (In 2014 Megabrands was acquired by Mattel in a $US460 million transaction.) Other board roles included Coradiant (acquired by BMC Software in 2011) and Fibermedia (a New York-based firm that operated six data centres before merging into vXchnge in 2014). He is currently a director of Sanimax Industries (a large, family-owned agro-industrial concern with operations in Canada and the U.S.) and a member of the advisory board and senior advisor to the CEO of hybrid cloud orchestration firm CloudOps. He has variously served as a member of the fundraising boards of the Montreal Neurological Hospital & Research Institute and the Montreal Childrens Hospital, President of the Acorn Society, a Special Adviser to a member of the Shadow Cabinet (U.K. Parliament) and a patron of the Royal Shakespeare Company. He holds both a B.A. and an M.A. from McGill University.

Jean-François Sauvé has over 25 years of experience in the financial industry. He began his career at Barclays Bank in Toronto. He subsequently joined McLeod Young Weir Limited (rebranded ScotiaMcLeod Inc. the Scotia Capital Markets) and in 1993, became a Director of the Corporate and Government Finance Department. Prior to co founding Cheverny he was President of Pictet Canada L.P., where he was responsible for the North American operations of Pictet & Cie, Switzerland’s foremost private bank. Mr. Sauvé is also a principal advisor to a major European family office. Mr. Sauvé sits on the board of the Nature Conservancy of Canada (Québec Region), Fondation du Festival de Lanaudière and the Buildings Committee of The Montreal Museum of Fine Arts. Past affiliations include Héritage Montréal, Montréal Passion Vin (Maisonneuve-Rosemont Hospital Foundation) and The Advisory Committee on the Official Residences of Canada. He is Chairman of the Jeanne Sauvé Foundation and President of the Sauvé Scholars Foundation. He completed his degree in Business Administration at l’école des Hautes études Commerciales (HEC Montréal) and later earned an MBA at INSEAD in Fontainebleau, France.