In summary, during the past 3 months, insiders sold 7,000 shares of SunOpta Inc (STKL) in total and bought 0 shares, with a net Bronfman is one of its principal donors. In 1924, Samuel founded the Distillers Corporation in Montreal. The "Mega Group" would meet twice a year for two days of seminars related to the topic of philanthropy and Jewishness. He's an anglophone married to a francophone raising four children in both languages. "[11], He and Michael Steinhardt co-founded Taglit Birthright, a program which provides a free, educational travel experience to Israel for young Jewish adults. The most recent stock trade was executed by Kenneth C Kempf on 27 December 2022, trading 14,018 units of STKL stock currently worth $113,406. Geographically, it derives a majority of revenue from the United States. He wants a new team so that the next generation of youngsters and adult fans can make similar memories. [1] Unlike institutional funds, we do not have multiple committees to reach a consensus to obtain required authorizations. Charles Bronfman, (born June 27, 1931) is a Canadian-American businessman and philanthropist and is a member of the Canadian Jewish Bronfman family. Since our first investment in a private equity fund in 1998, we have invested in over 80 private equity and real estate funds and a dozen co-investments. Tom Ford. Active research and documentation that identifies and analyses challenges confronting communities. Only the transactions in Open Market or Private Sale at the market prices are included. The former eBay president founded Los Angeles-based Participant Productions in January, and he wants to fund four to six socially relevant, commercially viable feature films annually. Sold (or bought if negative) in USD ARDSLEY AD WEST FACE Engaged Capi Contact Graham Brink at gbrink@tampabay.com. Mark Leonard and Family - $3.52 billion CAN ($2.8 billion US) Mark . Bronfman, the 34-year-old grandson of the late billionaire Edgar Bronfman Sr., and son of Matt Bronfman, the Manhattan-based billionaire investor, bought the 1.1-acre compound that, according. Stephen R Bronfman currently owns a total of 1 Premier Gordon Campbell's most generous patron in 2003. Our portfolio teams are put together to reflect a unique mix of experience and entrepreneurial spirit, which has proven to be extremely efficient. Bronfman's son, Stephen, runs Claridge,. In 1999 he was named a director of Seagram, his family's conglomerate. Stephen Bronfman, 55, rarely speaks publicly about his family's early history and has largely steered clear of the recent controversies. This venture proved far less successful despite later rebranding the team as the Alouettes, the team folded prior to the start of the 1987 CFL season. Other transactions such as conversion of derivative security or exercise of options are not included. sale The Expos came back to defeat the St. Louis Cardinals 8-7. He was gutted when his beloved Expos left for Washington, D.C. after the 2004 season. The former president of Moffat Communications and one-time co-owner of the Winnipeg Jets predicted in January that unless NHL players are willing to take a significant pay cut, no mid-size city will ever be able to afford a pro hockey team. He denies wrongdoing, but was removed as chairman in late November over another questionable transaction. Paul Bronfman: BCE's $3.38 Billion Astral Media Takeover is 'Bittersweet' The acquisition of the Canadian radio and TV giant, which operates HBO Canada, caps off a long and successful . In 1951 Bronfman's father Samuel Bronfman gave Charles a 33% ownership stake in Cemp Investments, a holding company for him and his 3 siblings which controlled the family's corporate empire. With plans to open a luxury bed and breakfast nearby, let's hope Poetry, his winery's limited-release US$89-a-bottle flagship Cabernet Sauvignon, is a big seller. It was out of that discussion that the Heritage Minutes were conceived, piloted, distributed through cinemas and broadcasters across the country, and then confirmed as a major contribution of the foundation which a few years later became Historica, recently merged with the Dominion Institute. At left is and Pierre Boivin. Creating a legacy. In a 2006 article, Forbes magazine put it this way: "If the Bronfmans are Canadian royalty, Stephen Bronfman is the prince you've never heard of.". The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. These types of businesses tend to have the following characteristics: We target mid-market companies in Canada and the United States. Low-carb diets dealt a blow to Weston's food empire this summer as consumers avoided white-flour bakery products; second-quarter earnings took a 27% dive the biggest in four and a half years. He is the son of Samuel Bronfman and Saidye Rosner Bronfman. Claridge represents the interests of the Stephen Bronfman family and is actively involved in the management Having won the bid to host the golf event in 2001, Matthews is spending upward of $26 million to update the Wentwood Lakes course with underground cabling for wireless cameras and to build an 85,000-square-foot clubhouse. Price $21.5 million Size 6,616 square feet, 5 bedrooms, 6 bathrooms The ongoing pandemic may have thrown a mansion-sized wrench into the U.S. real estate market, but summer's here and there are still billionaires with ample cash reserves for a lavish vacation home. The Quebec telecom entrepreneur stepped down as chairman of Telesystem International Wireless Inc. in July. The real estate tycoon and chairman of Orlando Corp. sold off about $245 million of his company's industrial and office portfolio this year while continuing to collect rent from tenants in Orlando's sprawling 31-million-square-foot empire. Our portfolio composition is carefully shaped to reflect the optimal mix between economic sectors and geographies. Targeted networks and partnerships allow the foundation to build on the best practices that answer needs with concrete solutions and that broaden its reach. Investments that favour the environment, culture, education, entrepreneurship and Jewish life. Despite opposition to the $30-million expansion project, city council's hands are tied; the land is owned by the Squamish Nation, which approved of the centre. Our flexible approach is well-suited to management teams and owners seeking a value-added and long-term partner. In 1990, he enrolled in Montreal's Concordia University to study geology, but the business bug was starting to take hold. Shareholders of Cara Operations Ltd., the Phelan family empire founded in 1883, voted in February to allow sisters Gail Regan and Rosemary Phelan, and their niece, Holiday Phelan-Johnson, to take the $1.1-billion company private. This broad experience allows us to guide management teams through challenging decisions. Harrison McCain family: $1.48 billion. The Bronfman name may not be well known in these parts, but the family has a long and storied history in Canada, dating to when the clan fled the anti-Semitic pogroms in Moldova in 1889. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. You tell me how to do it, and I'll fund it." In February, the McGill University faculty of management's 24th annual Management Achievement Award honoured Currie, former president of George Weston Ltd., for his business leadership and contributions to the community. He and his partners have identified a downtown site for a new outdoor stadium. Letsgetstarted. He is the son of Samuel Bronfman and Saidye Rosner Bronfman. We favour simple investment structures that meet the unique needs of sellers. In October, he was advised by the RCMP that his company, Royal Group Technologies, was part of an investigation into allegations it deceived or defrauded shareholders regarding money transferred to a luxury Caribbean resort controlled by De Zen. Pierre Karl and rik Pladeau: $480 million. Stuart Belkin saw sweet profits this year from his family's stake in the Rogers Sugar Income Fund. Meanwhile, the board of Canadian Natural Resources Ltd. (in which he has large holdings) delayed a decision to approve its massive $10.6-billion Horizon oilsands project in order to take a closer look at cost overruns. Bronfman attended the state dinner that President Barack Obama held for Trudeau at the White House. Stephen R Bronfman is About 285 guests attended the lavish ceremony. Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. Bronfman said he's hopeful but realistic. In 1990, he studied geology at Concordia University. On December 22, 2013, Edgar Bronfman Sr. died at age 84. But Cap. Stephen R Bronfman made With his name and family wealth (his father, Charles, is worth an estimated $2.8 billion), Bronfman could have opted for a far glitzier lodge on a famous river anywhere in the world. In February, the owners of CanWest Global Communications the late Izzy Asper's wife, Ruth, and children Leonard, David and Gail formed a voting trust to exercise control over the multiple voting shares in the company. He is the co-chairman of the McGill Institute for the Study of Canada. His older brother, Edgar Bronfman, Sr., was his fellow co-chair of Seagram. Despite some tough times, the executive brothers of Quebec paper and cardboard maker Cascades Inc. stayed almost static on the list. Some millionaires would like to live forever. Rays to fans: 'We desperately want to stay in Tampa Bay', Rays have cleared one Montreal hurdle, but many remain, Why Rays think their Montreal idea is so 'amazing', Tampa Bay has to decide whether it's a major league market, Stu-realism on display at Rays' museum exhibition. , Or else I would marry a very rich wife. Since the sale of Novapharm to Israel-based Teva Pharmaceutical Industries Ltd. in 2000, the Hungarian-born mogul has kept a fairly low profile while making multimillion-dollar investments in Viventia Biotech Inc., the cancer research firm he controls with his daughter Andrea Dan-Hytman. So far, they seem to be on the same wavelength about where the deal goes from here. Actively backing the entrepreneurial spirit with more than capital. Our focus is on large- and middle-market buyout and growth equity funds in North America, Europe and to a lesser extent in emerging markets. The McCain family also forked over $5 million to the National Ballet School in July. Andrea and Charles Bronfman Philanthropies Inc. "The World's Billionaires: Charles Bronfman", "The Lunch: Charles Bronfman opens up about Seagram's demise: 'It is a disaster', "At age 90, Charles Bronfman reflects on business career, beloved Expos", "The making of Lunch with Charles Bronfman", "100 American Jewish Leaders Urge Netanyahu to Show Readiness to Make 'Painful Territorial Sacrifices', "Titans of Industry Join Forces To Work for Jewish Philanthropy", "The Andrea and Charles Bronfman Philanthropies", "The Andrea and Charles Bronfman Philanthropies:: Visual Timeline", "Charles Bronfman winds down his philanthropic foundation", "How foreign donors reshaped Israel: A who's who", "Charles Bronfman | The Canadian Encyclopedia", "Seagram co-chairman Charles Bronfman on running a family business", "The Montreal Gazette - Google News Archive Search", "Major League Soccer's Billionaire Owners", "Andrea M. Bronfman, 60, an Internationally Noted Philanthropist, Dies", "Andrea Morrison Bronfman; active in Jewish causes; 60", "THE HONOURABLE CHARLES ROSNER BRONFMAN, P.C., C.C. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. We use conservative leverage and construct optimal capital structures to provide sufficient flexibility to maneuver through economic cycles and reinvest cash flows to grow the business. In 1990, he studied geology at Concordia University . Please help to demonstrate the notability of the topic by citing, Learn how and when to remove these template messages, Learn how and when to remove this template message, "This block used to be for first-time homebuyers. "He's a business success in his own right," he said. Language links are at the top of the page across from the title. He sold the franchise for $100 million CAD to a consortium of local investors led by Claude Brochu on November 29, 1990. The family's publicly traded business, Samuel Manu-Tech Inc., is currently experiencing record quarters. 48. 10. Stephen Bronfman's father, Charles, was the Expos first owner, giving the son a close-up view of the team during the early years. Because she is the youngest daughter of a billionaire, she has had more exposure to the outside world. A Liberal fundraiser lured potential donors to the cocktail party by emailing them about the opportunity to "form relationships and open dialogues with . The Vancouver-based family also continued to manage investments in real estate and pulp and paper through its privately owned conglomerate, Belkorp Industries Inc. Stroll was spotted vacationing with former Gucci designer Tom Ford on the Caribbean island of Mustique last December, prompting one local to speculate on the hatch of the next big fashion labelright here on this tiny island. But for now, Stroll will keep his day job as co-chairman of upscale New York fashion label Michael Kors. In 2010 he unsuccessfully tried to buy the Montreal Canadiens of the National Hockey League (NHL).[2]. We report to one owner who plays an integral role in decision-making and works closely with the senior leadership team. The most active insiders traders include Face Capital Inc.Boland Gre, Organics, L.P.Oaktree Fund , and Advisory Partners Lp Ardsle. Flatt, who became chief executive in 2002, has accumulated stock worth another US$2.5 billion. It is one of 10 projects Sustainable Development Technology Canada is funding with a combined total of $20.2 million. Stephen R Bronfman around $4 Million. Headquartered in Montreal, the company became the largest producer and distributor of distilled spirits in the world. Its leaders have soared in wealth and influence since the departure of the Bronfmans. The meaty merger expands the global company to $6 billion in sales and more than 23,000 employees. The Canadian Association of Family Enterprise and the Canadian Institute of Chartered Accountants named 149-year old Samuel, Son & Co. the Family Enterprise of the Year. He was educated at Selwyn House School in Montreal, Trinity College School in Port Hope, Ontario, and McGill University. Management with skin in the game investing alongside us. We have the capability to underwrite larger transactions and we are willing to work with partners. Hard-working and honest, our staff is entirely committed to growing your business in a way that is as enjoyable as it is profitable. More than 29,000 people showed up at Jarry Park, an outdoor stadium with a grass playing field. 32. As a direct beneficiary of the fortune created from the Seagram empire during its 80 year period under Bronfman control, the family office multiplied the value of the Seagram cash flow by continually reinvesting in a myriad of ventures, ranging from chemical production to real estate. The family went on to run the Seagram Company, with brands like VO, Crown Royal and Chivas Regal. J. R. Shaw's cable TV giant, now run by his son Jim, jumped on the voice-over-Internet protocol (VoIP) bandwagon this year, announcing plans to team up with rival Bell Canada to offer its Digital Phone service to subscribers by next year. Making an impact. Focus on true value creation, not short term profits. Constantly moving ahead to not only do more, but also aspiring to always do better, the foundation is committed to live every day by its motto. Bronfman is adding to his family's wealth. of a diverse portfolio of investments in private equity, hedge funds, public equities, and real estate. Like many baseball fans, he remembers how excited he was to attend games with his dad the buzz of the crowd, the joy of a big win, the way a loss could feel like the end of the world. [18][19], Bronfman was a founding co-chairman of Historica Canada, producers of the Heritage Minutes series of television shorts. The family money-maker, Atlantic Packaging Products Ltd., is leading a clean energy project to create steam from paper mill residual biosolids and, hopefully, to reduce natural gas consumption. Edgar Bronfman Jr. is Edgar's son. Updated for 2018! He is best known for his $50-million contribution to UBC in 1998. We can be a significant minority partner and although we prefer to invest at the equity level, we have the ability to invest throughout the capital structure of the company (mezzanine debt and equity). Stephen R Bronfman is the director of SunOpta Inc. The company, which bought out package maker Dopaco, posted losses early in the year but reported a sevenfold increase in third-quarter profits. Cockwell still serves on Brookfield's board, and holds shares worth about US$1.6 billion. Claridges differentiating characteristics go far beyond the expected in the industry, and upon meeting our team, new partners quickly realize what makes us unique. He also spoke out against bank mergers, saying they shouldn't be allowed unless the Canadian market is open to foreign competition. Also in 1991, he joined private equity firm Claridge, which was founded by his father in 1987. Well break down the latest business and consumer news and insights you need to know every Wednesday. Set up nearly four years ago to manage the assets of the Mannix family, the Mancal Bank in Barbados, a private international institution, began catering to high-net-worth individuals and companies in December. St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. The deal went sour and the Bronfman family fortune plunged from $6.5 billion to below $3 billion. Most of the Bronfman family have left Montreal. a net Simple investment structures meet the unique needs of sellers. After graduating from Williams College in Massachusetts in 1986, he worked in the Expos' marketing department for a short time. London Drugs continues to expand, and opened a store in Manitoba in May. 59. This fall, it announced it was selling $900 million worth of notes to partially fund the redemption of $1.2 billion worth of debt securities. The family-owned company now has sales of some $450 million a year and continues to expand. He briefly worked in the marketing department of the Montreal Expos, then owned by his father. Bronfman has had some setbacks. All Rights Reserved. The Libfelds, who operate Toronto's largest house and condo developers, might want to keep an eye on the condo market. 10 percent owner Bam Partners Trust Flat and agile operating structure enables us to make decisions quickly and provide prompt feedback. of 7,000 shares. The Winnipeg-based Richardson clan, known for making its money in the grain industry, signalled a return to its roots in the financial services sector last summer when Richardson Financial Group Ltd. launched a $325-million private equity fund. Bonita "Bonnie" Roche. He is married to Claudine Blondin. We are differentiated by our entrepreneurial family business mindset, flexible investment approach, global relationships, value creation capabilities, strong integrity, use of reasonable leverage, and long-term investment horizon. The son of the king of the subdivision got into a fight with the tony Rosedale Golf Club in Toronto's secluded Hogg's Hollow, over a 900-square-foot balcony on his property. celebrated the groundbreaking of the $18-million Rudy Bratty Centre Markham Family YMCA, set to open in a year. He and a group of investors failed to keep the Expos in Montreal in the early 2000s. Our executives have distinguished international track records with large and small organizations in diverse sectors.

Level 2 Cricket Umpire Accreditation, Articles S