About

Firm

We are an independently owned fund manager specializing in alternative investment strategies. We offer "liquid alternative" mutual funds managed by EHP Funds Inc. Our solutions provide an alternative to traditional stocks and bonds that can help reduce risk and improve investment outcomes.

Process

We are "evidenced-based" investors and believe that by following a systematic, disciplined process, we are able to achieve higher risk-adjusted returns for our clients. We offer liquid, scalable funds where preserving capital and controlling drawdowns or "pullbacks" are our primary considerations. Importantly, the principals of the firm are some of the largest investors in our funds, and we invest the majority of our net worth alongside yours.

Our Core Investment Process...

  • We use a disciplined process to buy stocks and bonds with reasonable valuations, rising price trends and stable prices - attributes that have proven over time to lead to better performance. We short stocks and bonds that are overvalued, declining and volatile - attributes that have proven to lead to poor performance over time.

  • We add value through a number of opportunistic equity, credit and arbitrage strategies that are uncorrelated with our core long/short portfolios.

  • We believe that markets are cyclical and that there is value in avoiding volatile environments. We systematically gear down risk in poor markets and rotate to more defensive securities and strategies to protect your capital.

Management Team

Jason Mann, CFA
Co-Founder, Partner and Chief Investment Officer

Prior to co-founding EHP Funds, Jason Mann was Managing Director, Co-Head of the Absolute Return/Arbitrage Group at Scotia Capital. The Absolute Return Group is responsible for developing and delivering cross-platform “alpha” generating ideas for the hedge fund community, and for market-making and execution of trading for these clients. Jason also managed Scotia’s merger-arbitrage, event-driven and quantitative proprietary trading strategies, and had responsibility for trading and overseeing a proprietary trading book – a group that generated profits in each year of operation. Prior to this role, Jason was Head of Agency Trading at Scotia overseeing eighteen trading professionals covering fundamental and hedge fund clients. Jason holds an Honours Bachelor degree in Business Administration from Wilfrid Laurier University and is a CFA® charterholder.

Ian Fairbrother, CFA
Co-Founder, President and Portfolio Manager

Prior to co-founding EHP Funds, Ian Fairbrother was Managing Director, Institutional Equity Sales at Scotia Capital. Ian has 21 years of experience at various firms and has covered all investment styles (growth, sector specific, quant, macro, etc.) and types of investor (hedge, long only, pension, mutual fund) for North America accounts. Ian also had responsibility for managing a proprietary long/short equity book at Scotia Capital and worked closely with Scotia's proprietary desk and was considered to be a key resource in Scotia's equity allocation decisions.  Prior to joining Scotia, Ian worked at Morgan Stanley , CT Securities , and Deutsche Bank in a similar capacity.  Ian holds a B.A from McMaster University (Psychology) and is a CFA® charterholder.

Darryl DeMers, CPA
Chief Financial Officer, Chief Compliance Officer

Darryl DeMers joined EHP Funds in March of 2016. Prior to joining EHP, Darryl held various roles over his more than 20 years of experience in the securities industry, encompassing a broad range of positions including roles as CFO, fund accounting, operations and compliance. Darryl has worked with hedge fund administrators, investment fund managers and investments advisors, including Tacita Capital, Blavin & Company, Butterfield Fulcrum, and Citco Fund Services. Darryl holds an Honours Bachelor of Accounting Degree from Brock University, and is a member in good standing of the Chartered Professional Accountants of Ontario.

James Park, CFA
Chief Risk Officer, Portfolio Manager

James Park joined EHP Funds in 2015. Prior to joining EHP, James was Director, Head of Canadian Index Arbitrage at Scotia Capital. The Index Arbitrage desk ran a number of proprietary long short trading strategies including ETF and Futures arb, stat arb, and closed-end fund arb. James was part of the team that started the desk in 2008 and was responsible for managing a $1B+ notional portfolio. During James’ 10 years at Scotia, he also spent 2 years on the Liability desk trading energy and industrial stocks as well as 3 years on the Portfolio Trading desk researching and building new algorithms and optimizing existing ones. James holds a BASc in Computer Engineering and a BA in Economics from the University of Waterloo, a Masters of Mathematical Finance from the University of Toronto, and is a CFA® charterholder.

Ovidiu Sandu, CFA
Head of Fixed Income, Portfolio Manager

Ovidiu Sandu, the head of fixed income for EHP Funds, has 24 years of investment industry experience. Prior to joining EHP Funds Inc., Mr. Sandu was part of a small portfolio management team that managed up to $2 billion in high yield credit portfolios for institutional clients at Fiera Capital. With an experience spanning three full credit cycles, Ovidiu is well experienced in all facets of credit portfolio management from quantitative and fundamental research to portfolio construction and trading. Mr. Sandu holds a Bachelor in Engineering from the Politehnica University of Bucharest, a Master of Business Administration from a joint program between McGill University and The University of Quebec in Montreal and is a CFA® charterholder.

Chris Orsi, CFA
Head of Multi-Asset, Portfolio Manager

Prior to joining EHP Funds, Chris was Senior Director of OPTrust, responsible for developing their multi-asset absolute return program, as well as managing equity, commodity and risk mitigation completion portfolios, serving on the external manager selection committee and building the derivative strategies trading desk. Chris began his career as a researcher in computational biology for MDS and SickKids, applying machine learning to genomics. Chris joined the Ontario Teachers’ Pension Plan in 2005, where he worked for eight years developing and managing strategies in multi-asset risk premium collection, trend following, long-short equity, volatility term structure and dispersion. Chris then joined CPPIB where he established strategies including volatility risk premium, term structure and dispersion. Chris holds a B.Sc. in Electrical and Computer Engineering from Queens University, a M.Eng from McMaster University, a MBA from the Rotman School of Business and is a CFA® charterholder.

Careers

At EHP Funds, we are always looking for talented, driven people who thrive in an entrepreneurial environment. Please feel free to submit your resume and your area of interest to info@ehpfunds.com.