Timbercreek Investment Management Inc. (Toronto, Ontario)

Name: Timbercreek Investment Management Inc.
Address: 25 Price Street, Toronto, Ontario, M4 W 1 Z1
Telephone: 416-923-9967

Timbercreek Investment Management Inc. is an adviser based in Toronto, Ontario. It manages $938.12 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2018.

Timbercreek Investment Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Timbercreek Investment Management: assets under management

The assets under management (AUM) of Timbercreek Investment Management Inc. is $938.12 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1% since the beginning of its operation, and $938.12 million of the total AUM is attributable to clients outside of the United States.

The firm manages $938.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $85.28 million each.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is other assets, which make up 20% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 18% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Timbercreek Investment Management Inc. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Corrado Roberto Russo serves?

The firm provides services to other investment advisers, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Corrado Roberto Russo is pooled investment vehicles with 3 clients and $503.44 million of assets under management. Among the 4 most similar advisory firms, Timbercreek Investment Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $938.12 million for 11 clients. 100% of the firm’s clients are foreign persons or businesses.

Timbercreek Investment Management doesn't advise any private funds.

Careers at Timbercreek Investment Management Inc.

The company employs 13 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Corrado Roberto Russo has been acting as President since 1 Jun 2017. Timothy James Fitzpatrick joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timbercreek Asset Management Inc.	Shareholder	1 Jun 2008	75% - 100%	foreign
Robert Blair Tamblyn	Chief executive officer, director	1 Jun 2008	Other	6449795
Carrie Lynn Morris	Director	1 Jun 2008	Other	6919405
Gigi Ching Han Wong	Chief financial officer	1 Jun 2016	Other	6049829
Corrado Roberto Russo	Director	1 Jun 2017	Other	5728100
Cameron Boyd Goodnough	Director	1 Jun 2017	Other	4036424
Peter Michael Hawkings	General counsel	1 Mar 2018	Other	6710272
Timothy James Fitzpatrick	Chief compliance officer	1 May 2018	Other	6950690

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Blair Tamblyn	Shareholder	1 Jul 2005	75% - 100%	6449795
Ugo (Nmn) Bizzarri	Shareholder	1 Jan 2012	25% - 50%	6449796
2314716 Ontario Limited	Shareholder	1 Feb 2012	50% - 75%	foreign
2180233 Ontario Inc.	Shareholder	1 Jan 2013	25% - 50%	foreign

Based in Toronto, Ontario

The principal office where Timbercreek Investment Management Inc. performs its advisory services is located at 25 Price Street, Toronto, Ontario, M4 W 1 Z1, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 416-923-9967. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at timbercreek.com.