Van Berkom and Associates

What Van Berkom and Associates does

Van Berkom and Associates Inc., operating as Van Berkom Global Asset Management, is a Montréal-based, 100% employee-owned investment management firm founded in 1991 by J. Sebastian van Berkom. The firm specializes exclusively in small and mid-capitalization equities, managing CA$4.8 billion in assets under management as at April 30, 2026 across five distinct strategies: Canadian Small Cap, U.S. Small Cap, U.S. Small-Mid Cap, Global Small Cap, and International Small Cap. It serves institutional clients including pension funds, corporations, foundations, and endowment funds, with country-specific distribution sites in Canada, the United States, and Asia.

The firm operates a single, unified bottom-up fundamental investment process applied consistently across all five strategies, with ESG factors integrated into the research workflow and a stated emphasis on depth of knowledge developed through numerous management meetings with portfolio companies. Distribution is conducted via direct institutional sales relationships, supported by a secure SharePoint-based client portal and a LinkedIn company page. The 11-50 employee headcount is consistent with a boutique specialist model that has maintained the same investment process for more than 30 years under founder and CEO J. Sebastian van Berkom.

Van Berkom generates revenue through a fee-based asset management model on institutional mandates; specific fee schedules are not publicly disclosed. Ownership is 100% employee-held, with no external parent company or private equity involvement, and the firm is not publicly traded. There are no disclosed subsidiaries, funding rounds, partnerships, M&A activity, or material leadership changes in the source data, indicating a stable, long-tenured operating posture focused on organic small-cap mandate growth across Canada, the U.S., and Asia.

Name

Van Berkom and Associates

Legal name

Van Berkom and Associates Inc.

Website

https://vbassociates.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Van Berkom and Associates is a Montréal-based, 100% employee-owned boutique investment manager founded in 1991, managing CA$4.8B in small and mid-cap equities across five strategies (Canada, U.S. Small, U.S. Small-Mid, Global, International) for pension funds, corporations, foundations, and endowments.

Ownership category

akta.pro rank

Product category

Institutional Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Small-/Mid-Cap Equity Long/Short (FSAHAAAG)

akta.pro secondary industry

SDG / Thematic Sustainable Investment Funds (FSANAJAN)

Keywords

• Small-cap equity management
• Institutional asset management
• Portfolio management services
• Equity investment strategies
• Fundamental equity research

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Distribution channels2 records

Marketing channels2 records

Core offering

Van Berkom and Associates (Van Berkom Global Asset Management) is a specialized investment management firm that manages stock portfolios for institutional clients using a bottom-up fundamental investment process. The firm offers five distinct small and mid-capitalization equity strategies: Canadian Small Cap, U.S. Small Cap, U.S. Small-Mid Cap, Global Small Cap, and International Small Cap. The firm manages CA$4.8 billion in assets under management for pension funds, corporations, foundations, and endowment funds.

Product overview

Van Berkom Global Asset Management is a specialized investment management firm that operates as a single, unified offering across five distinct regional and capitalization-based investment strategies. The company manages stock portfolios using a consistent bottom-up fundamental investment process, with ESG factors reviewed and analyzed as part of the research. The five named strategies (Canadian Small Cap, U.S. Small Cap, U.S. Small-Mid Cap, Global Small Cap, and International Small Cap) share the same core investment philosophy but target different geographic regions and market capitalizations. The firm is 100% employee-owned and manages CA$4.8 billion in assets under management.

Differentiator

Problem solved

Functional benefit

Products and services

• Canadian Small Cap Strategy
• U.S. Small Cap Strategy Investment strategy focused on high-quality, well-managed small-cap companies in the United States, managed with a bottom-up fundamental approach for institutional clients.
• U.S. Small-Mid Cap Strategy Investment strategy focused on high-quality, well-managed small-mid capitalization companies in the United States, managed with a bottom-up fundamental approach for institutional clients.
• Global Small Cap Strategy Investment strategy focused on high-quality, well-managed small-cap companies across global markets, managed with a bottom-up fundamental approach for institutional clients.
• International Small Cap Strategy Investment strategy focused on high-quality, well-managed small-cap companies in international markets outside the U.S., managed with a bottom-up fundamental approach for institutional clients.

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Burgundy Asset Management: Toronto-based boutique investment manager focused on global, U.S., and Canadian small/mid-cap equities for institutional clients. Highly comparable to Van Berkom as a similarly sized, employee-owned Canadian boutique with a deep small-cap specialization.
• Mawer Investment Management: Calgary-based institutional asset manager offering global small-cap, U.S. small-mid cap, and Canadian equity strategies. Directly comparable to Van Berkom as a Canadian boutique running multiple small-cap strategies for institutional clients using fundamental research.
• Beutel Goodman: Toronto-based employee-owned boutique specializing in fundamental North American small/mid-cap and balanced equity strategies for institutional clients. Closely comparable to Van Berkom in philosophy, ownership structure, and small-cap equity focus.
• Letko Brosseau: Montreal-based employee-owned investment manager offering Canadian and global equity strategies for institutional clients. Comparable to Van Berkom given shared Montreal base, employee ownership, and institutional small/mid-cap mandate focus.
• Genus Capital Management: Vancouver-based boutique offering Canadian, U.S., and global small-cap equity strategies using fundamental research. Comparable to Van Berkom as a Western-Canadian boutique competing for similar institutional small-cap mandates.
• Triasima: Montreal-based institutional asset manager specializing in global, international, and Canadian small/mid-cap equity mandates. Directly comparable to Van Berkom given the small-cap specialty and Montreal headquarters.

Broad incumbents

• Fiera Capital: Montreal-headquartered multi-affiliate asset manager offering Canadian, U.S., and global small-cap strategies alongside fixed income, private markets, and alternatives. Comparable to Van Berkom as a Montreal-based competitor in small-cap mandates, but at significantly broader scale.
• AGF Investments: Toronto-based diversified Canadian asset manager with a range of equity strategies including small/smid-cap offerings. Comparable to Van Berkom as an institutional small-cap provider, though AGF operates at a much larger scale with mutual fund distribution.
• CI Global Asset Management: One of Canada's largest asset managers offering Canadian, U.S., and global small-cap equity products alongside a broad multi-asset platform. Comparable to Van Berkom in the small-cap space but as a broad incumbent with retail and institutional distribution.
• Canoe Financial: Canadian asset manager offering equity strategies including small/smid-cap mandates and alternative funds. Comparable to Van Berkom as a Canadian institutional asset manager with small-cap offerings, though broader in product mix.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInca.linkedin.com/company/van-berkom-&-associates-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Van Berkom and Associates