|Degroof Petercam is an independent, family-owned Belgian Private Bank and a key player in Luxembourg, France and Switzerland.|
Celebrating its 150th anniversary this year, Degroof Petercam specializes in wealth management and estate planning for high-net-worth individuals and families. Over the last 40 years, the Group has also developed an internationally-recognized expertise in Corporate Finance, executing tailor-made deals for large corporations, family businesses, financial institutions, private equity funds and governments.
In 2018, the Group’s international hub, Banque Degroof Petercam Luxembourg S.A., opened a Representative Office in Montreal. In February 2021, it further expanded its footprint in Canada by registering as an International Exempt Adviser and Dealer in the provinces of Ontario and Quebec. ‘We began investigating opportunities in Canada in 2014, with the launch of our first Quebec-based private equity fund through a partnership with a local fund manager. This evolved into two private equity funds, Appalaches I and II, representing C$ 240M and currently invested in 12 portfolio companies across Canada.’, writes Kris De Souter CFA, CAIA, Head of Private Banking in Luxembourg with over 25 years of experience in international finance.
‘Registering as International Exempt Adviser and Dealer allows us to manage and advise on investment accounts for wealthy individuals and institutions in these provinces, and continue to grow our Canadian presence.’
So what distinguishes Degroof Petercam from other investment or private banks?
‘Sustainable and long-term performances. A long-term vision built around personal relationships and tailor-made solutions’, explains Kris De Souter. ‘Aside from our presence in both Canada and Europe, which is quite unusual for an independent Group like ours, our expertise in Family Office services, private equity and our dedication to sustainable investing truly set us apart from our competitors.’
To learn more about Degroof Petercam, visit www.degroofpetercam.com or reach out to BCBC Director, Bethany Doyle.