Landry Investment Management attaches great importance to governance. For this reason, a series of independent actors intervene in the administration of the funds and the segregated client portfolios.

We created the Landry Funds so that we can offer our clients financial instruments adapted to our investment philosophy. These funds are trusts that are entirely separate from the firm. The trustee is Computershare, one of the global leaders in this area, employing more than 10,000 people and serving more than 30,000 clients, such as Landry Investment Management, in 20 countries.

Regulatory Oversight:

Landry Investment Management is an investment adviser and a registered investment fund manager regulated by Québec’s Autorité des marchés financiers.

The firm is also registered with five other regulatory bodies:

  • Autorité des marchés financiers du Québec
  • Ontario Securities Commission
  • Alberta Securities Commission
  • British Columbia Securities Commission
  • New Brunswick Securities commission
  • Yukon Securities Office

These bodies regularly inspect our Funds and the firm, with the most recent inspection having taken place in the summer of 2013.

Safekeeping

The Assets of Landry Funds are held by three leading financial institutions. Our employees therefore have no access to the assets in the Funds.

Global Equity Long Short Fund: J.P. Morgan

J.P. Morgan is one of the largest financial services firms in the world, with operations in more than 60 countries. Its clientele includes hundreds of the world’s largest companies and institutions as well as various governments. The main regulatory agencies for the firm and its subsidiaries are the Securities and Exchange Commission, the New York Stock Exchange and the Financial Industry Regulatory Authority.

Canadian Equity, US Equity and Global Equity Funds : CIBC Mellon

CIBC Mellon is a financial institution owned equally by CIBC, one of the largest financial institutions in North America, and BNY Mellon, a global financial services company. It is one of the main Canadian securities custodians, administering assets totalling more than $900 billion. Like Canadian banks, CIBC Mellon is federally regulated and overseen by the Office of the Superintendent of Financial Institutions.

Adaptive Value Long Short Fund : RBC Capital Markets

RBC Capital Markets is a premier investment bank that provides a focused set of products and services to corporations, institutional investors and governments around the world. With more than 6,700 professionals, we operate out of 70 offices in 15 countries across North America, the U.K., Europe, and the Asia-Pacific region.

We work with clients in over 100 countries around the globe to deliver the expertise and execution required to raise capital, access markets, mitigate risk and acquire or dispose of assets. According to Bloomberg and Dealogic, we are consistently ranked among the largest global investment banks.

Administration

CIBC Mellon handles administration of the Funds and performs the following functions: accounting, daily calculation of net asset value and unitholder record keeping.

Audit

Landry Funds are audited by KPMG, one of the largest audit, taxation and consulting firms in Canada.

U.S. Investors

The web site materials are not directed to U.S. persons.