Globevest Capital

What Globevest Capital does

Globevest Capital Ltée is a privately held asset management firm founded in Montreal in 2002 by Patrick Proulx, headquartered in Boucherville, Quebec. The firm operates three investment pillars under a unified risk-management philosophy: (1) the Fonds Immobilier, a real estate fund focused on acquiring and managing 75+ short-term vacation rental properties across the United States and Canada distributed via Airbnb and VRBO; (2) Actions & Obligations, a balanced stocks and bonds portfolio targeting dividend-paying large-cap equities and quality corporate bonds; and (3) an Options strategy employing covered call writing on quality equity holdings to generate incremental income. The firm manages over CAD 250 million in assets, 265,000+ square feet of real estate, and has delivered an 8.24% 5-year compound return on its flagship real estate fund (GVC605).

The team of approximately 14 members includes CFA charterholders, CPA professionals, and specialists with backgrounds at BMO, Desjardins, BDC, Hydro-Québec, and Ernst & Young, covering derivatives, real estate asset management, financial planning, and compliance. Core leadership includes Patrick Proulx (President and Portfolio Manager, CFA, M.Sc. Finance), François Bergeron (VP and Portfolio Manager, CPA, CIM), Sarah Palardy (Partner and CFO of the Real Estate Fund, CFA), Kevin Gariépy (Partner and Financial Analyst/Real Estate Asset Manager), Alexandre Roy (Chief Compliance Officer since July 2024, CPA), and Steve Bernard (Portfolio Manager, joined 2004 from BMO Nesbitt Burns).

Globevest generates revenue through management fees charged as a percentage of assets under management across its three product pillars, with pricing negotiated individually with clients rather than publicly disclosed. Distribution is direct and relationship-based, targeting high-net-worth individuals primarily in Quebec and broader Canada through named portfolio managers and professional networks; there is no disclosed institutional or enterprise client base. The firm does not operate a proprietary technology platform and uses third-party rental platforms (Airbnb, VRBO) for short-term rental distribution. Customer acquisition relies on referrals and direct advisor relationships rather than paid marketing, and the firm's legal entity is domiciled in Quebec, Canada as a private limited company (Globevest Capital Ltée) with no external institutional investors or parent company identified.

Name

Globevest Capital

Legal name

Globevest Capital Ltée

Website

https://globevestcapital.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Globevest Capital is a Montreal-based private asset management firm founded in 2002 that manages over CAD 250 million across real estate, stocks/bonds, and options strategies for high-net-worth individual clients primarily in Quebec and Canada.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

akta.pro secondary industry

Real Estate Funds — Core (Stabilized, Income) (FSANAEAF)

Keywords

• Asset management services
• Real estate fund
• Portfolio management
• Wealth management
• Investment management

Headquarters

HQ city

Montreal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Asset Management Fees: Globevest Capital generates revenue through management fees on assets under management across its real estate fund, stock/bond portfolios, and options strategies. The firm manages over $250M in assets, with fees typically charged as a percentage of AUM.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Globevest Capital is a private asset management firm that manages over CAD 250 million for high-net-worth clients across three investment pillars: the Fonds Immobilier (a real estate fund of over 75 short-term rental properties in the US and Canada), Actions & Obligations (a combined stocks and corporate bonds strategy), and an Options Strategy (covered call writing). The firm invests client capital across these vehicles and charges management fees based on assets under management.

Product overview

Globevest Capital offers a unified platform of three core investment products: (1) the Fonds Immobilier, a real estate fund focused on short-term vacation rentals in the US and Canada with over 75 properties managed through Airbnb and VRBO; (2) Actions & Obligations, a combined stocks and bonds portfolio targeting large-cap dividend-paying companies and quality corporate bonds; and (3) Options, a covered call writing strategy that generates additional income from equity holdings. The firm was founded in 2002 and manages approximately CAD 250 million in assets across these three investment pillars.

Differentiator

Problem solved

Functional benefit

Products and services

• Fonds Immobilier Globevest Capital A real estate fund that acquires and manages short-term vacation rental properties in prime locations across the United States and Canada. The portfolio consists of over 75 vacation residences listed on Airbnb and VRBO, generating sustained and predictable rental income through rigorous asset selection and proactive management. Designed for high-net-worth investors seeking real estate exposure within a managed fund structure.
• Actions & Obligations (Stocks & Bonds) A combined stocks and bonds investment strategy that balances stability, capital growth, and income generation. The bond component focuses on strategic selection of quality corporate bonds based on credit spreads, interest rates, and issuer financial strength. The equity component targets financially solid large-cap companies with proven business models and sustainable dividend growth. Designed for investors seeking balanced exposure to equity and fixed-income markets.
• Options Strategy A covered call writing strategy that holds quality stocks with growth potential and generates additional income by selling call options on these holdings. The premiums collected provide recurring income and help mitigate market correction impacts, enhancing overall portfolio returns while reducing volatility. Designed for investors seeking income generation and downside mitigation on equity holdings.

Quantifiable outcome

• +8.24% compound return over 5 years for the real estate fund (GVC605)
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Two partnerships are on record, tiered minor.

• AirbnbminorChannel Partner/ Reseller/ DistributorShort-term rental properties managed by Globevest's real estate fund are listed on Airbnb as one of the distribution platforms for generating rental income from vacation properties.
• VRBOminorChannel Partner/ Reseller/ DistributorShort-term rental properties managed by Globevest's real estate fund are listed on VRBO as a distribution channel for vacation rental income.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Arrived Homes: US short-term and long-term rental focused investment platform — comparable only on the Fonds Immobilier's short-term rental thesis, but a very different delivery model (digital/mass-market vs. private HNW).

Direct peers

• Triasima: Montreal-based independent portfolio manager focused on multi-asset mandates for private clients and foundations — closely comparable boutique Canadian asset manager competing in similar client segments.
• Fiera Capital: Canadian independent asset manager offering diversified investment solutions to institutional and HNW clients, similar to Globevest's multi-strategy mandate but at a much larger scale.
• Jarislowsky Fraser: Canadian private investment manager focused on equities, fixed income, and alternatives for institutional and HNW clients — directly comparable multi-strategy HNW platform based in Montreal.
• Hillsdale Investment Management: Toronto-based independent asset manager offering multi-asset mandates including options overlay strategies — overlaps with Globevest's covered-call sleeve and broader HNW/institutional focus.
• Letko Brosseau Asset Management: Montreal-based boutique asset manager serving institutional and private clients with a multi-asset approach — comparable geography, client base, and strategy breadth to Globevest.
• Canso Investment Counsel: Canadian credit-focused asset manager with broad multi-asset capabilities serving institutional and private clients — comparable independent Canadian manager profile and product breadth.

Broad incumbents

• IG Wealth Management: Large Canadian wealth manager with diversified investment solutions including real estate, equities, and fixed income — competes for the same HNW clients but at significantly greater scale and brand reach.
• Mackenzie Investments: Major Canadian asset manager offering multi-asset portfolios and pooled funds — broader product suite than Globevest, but competes for the same diversified HNW allocations.

Regional players

• Rothesay Limited: Independent wealth manager with a multi-asset, risk-managed approach for private clients — comparable investment philosophy and HNW target market, though UK-based.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Sterlingcard
• LinkedInlinkedin.com/company/globevest-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Globevest Capital