Lessons from Europe.
If you are following the Peterson Capital LinkedIn page, you’ll see that I spent all of last week with our Euro team in Monaco, Geneva, Paris, and Madrid.
We launched our European office last November, and the team led by Amie Lauder has done an amazing job of helping us further develop relationships across the continent. Mathieu Guisti, Nicole Loghin and our partner Robert Seguin, of Westmount Capital, have rapidly established a strong network of family offices and funds interested in hearing more about our clients.
It was a fascinating trip last week. I wanted to share three things we Thought You Should Know that we learned:
European investors are now aggressively moving into Canada – while the US tech markets were the flavour of the day for most of the past few years, all eyes are now on Canada as the home of mining, energy and energy transition stories that are top of mind. Russia’s invasion of Ukraine, rising energy prices, and the strong demand for EV battery metals all puts Canada in a strong focus.
This interest in Canada has European investors interested in small-cap and even micro-cap stories in these spaces. Many of these family offices take very long-term approaches to their investments, and are OK with riding the cycles on the mining side of the markets, all the while looking for interesting special situations to round our their portfolios which, for the most part, are dominated by very large cap Euro names. Again, the liquidity and transparency of the Canadian venture exchanges is an added plus in the eyes of European investors.
The fact that we’ve established a strong European presence on the ground gives our Peterson Capital team a huge advantage in terms of getting our stories in front of the right investors. How do we know that? Our first annual “Canada Growth Conference” scheduled for the south of France in is attracting a very strong list of family offices from across Europe to meet ten of our clients over two days in late September. If you’d like more info on this conference, and if you happen to be in Europe then and might want to drop by and join in, please let us know.
Best wishes for a safe and happy Canada Day long weekend. All the very best for your continued interest and support.
Rick Peterson
Chair