KL

Kensington Capital Partners Limited

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Company Research Report: Kensington Capital Partners



Company Overview



  • Name: Kensington Capital Partners

  • Mission: The company strives to build great businesses, communities, and partnerships, and in doing so, create exceptional investment opportunities.

  • Founded: 1996 by founders not specified in the provided data.

  • Key People:

  • Kirk Hamilton, Managing Director

  • Thomas Kennedy, Chairman and Senior Managing Director

  • Win Bear, Managing Director

  • Richard Nathan, Senior Managing Director

(Additional staff members are mentioned, but a complete executive team list is not given.)
  • Headquarters: Offices in Toronto, Vancouver, and Calgary, Canada.

  • Number of Employees: Specific number not provided; however, diverse and deeply experienced team mentioned.

  • Revenue: Not explicitly stated.

  • Core Competence: Kensington Capital Partners is known for being a leading independent Canadian investor in alternative assets, focusing on private equity, venture capital, and growth equity.


Products & Services



Investment Strategies



Kensington offers diversified strategies primarily in:
  • Buyout:

  • Focuses on mid-market North American businesses.

  • Seeks strong management partnerships.

  • Features in the Kensington Private Equity Fund.


  • Growth Equity:

  • Targets technology and tech-enabled services scaling from venture stages.

  • Part of the Kensington Private Equity Fund and other venture funds.


  • Venture Capital:

  • Investments range from early-stage Seed and Series A to later-stage growth companies.

  • Forms significant components of their venture funds.


Recent Developments



Appointments & Leadership Changes


  • Dec 16, 2024: Heather Shantora appointed as President & CEO of Resolute Health, a major healthcare provider connected with Kensington's portfolio.


Fund Developments


  • Jun 13, 2024: Kensington Capital Partners completed the final close of $290 million for Kensington Venture Fund III (KVF III).

  • Feb 13, 2024: Strategic investment received from the HASSLACHER Group for Element5, a mass timber producer within Kensington's portfolio.


Strategic Investments and Partnerships


  • In 2024, AGF Management Limited acquired a majority interest in Kensington to enhance its alternatives business, AGF Capital Partners, illustrating Kensington’s importance in AGF's broader strategy.


New Product Features


  • No specific new product features discussed; however, a continued commitment to diverse private market investments is evident.


Market Position & Industry Insights


Kensington's strategic focus on private equity defines them as leaders in the Canadian market, aligned with AGF Management’s broader alternative investment goals. The firm has been engaged actively in venture capital, mid-market buyouts, and growth equity with over $2.6 billion invested to date. The firm also maintains an influential presence in the Canadian private equity industry.

This report encapsulates Kensington Capital Partners’ position as a formidable asset manager with a value-driven strategy in the private investment space, empowered by a significant partnership with AGF Management Limited.