Polar Asset Management Partners

Profile

Polar Asset Management Partners, founded in 1991 and headquartered in Toronto, is a global alternative asset manager with a focus on niche-oriented, arbitrage, and relative value strategies. They are known for their strong risk management framework that aims to generate differentiated returns. The team consists of several dedicated professionals, including Greg Lemaich as President and CEO, and Paul Sabourin as Chairman and Chief Investment Officer. They prioritize long-term objectives and foster a collaborative partnership culture among team members.

Polar invests in structured and opportunistic Canadian credit through Significant Risk Transfer transactions, alongside other strategies such as arbitrage. They typically focus on Series A through late-stage investments with no explicit geographic limitation indicated. Their Multi-Strategy Fund, Long/Short Fund, Micro-Cap Fund, and CRS funds together manage approximately $5.7 billion. The firm stands out with a track record of successful bespoke transactions with Canadian financial institutions.

Their notable portfolio accomplishments include diverse strategic credit transactions rather than specific industry-aligned company names, as indicated by their focus on transactions with major Canadian banks. Polar Asset Management Partners have made significant strides in financial instrument investments rather than traditional portfolio companies.