Nymbus Capital completes the acquisition of Perseus Capital

Nymbus Capital has completed the acquisition of the assets of Perseus Capital, a private alternative investment management firm using a quantitative macroeconomic approach. This is the second major strategic transaction for Nymbus, following the merger, in November 2020, with Landry Investment Management.

These two transactions bring together three Montreal-based companies with the objective of building a new generation investment firm in Quebec. The entire client base, intellectual property and team of Perseus join Nymbus, further strengthening the firm’s quantitative expertise. Supported by the addition of Mathieu Poulin-Brière to the new management team, synergies also include the addition of a systematic economic analysis platform that will migrate to the technologies developed by Nymbus.

This association with Perseus Capital completes a partnership dating back to 2015, when Perseus Capital became a minority shareholder of Nymbus. Mr. Jean Turmel, President of Perseus, is the former president of National Bank Financial and the former Chairman of the Board of Directors of the Ontario Teachers Pension Plan, one of the largest pension funds in Ontario. Mr. Turmel remains a shareholder and brings considerable expertise in his new role as Chairman of Nymbus Board. In his role of Vice-President, Mr. Jean-Luc Landry will be supporting M. Turmel.



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