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Friday, November 15, 2019

Jovian to acquire DeltaOne Capital Partners Corp., energy advisory firm


Date: Friday, February 20, 2004

Jovian Capital Corp. has signed a deal to acquire DeltaOne Capital Partners Corp., an energy investment advisory firm. Financial terms of the deal, announced Friday, were not revealed. DeltaOne, which has offices in Calgary and Toronto, provides advisory services to hedge funds in the oil and gas, natural resource and technology sectors. Toronto-based Jovian said the proposed acquisition includes a continued relationship with Peter Linder, the principal strategist for the DeltaOne energy fund products. "This acquisition fits nicely with our strategy to build a substantial presence in the alternative-asset business," Jovian president and CEO Philip Armstrong said in a release. "Peter Linder has established a reputation as an expert in the energy sector, and we are certainly excited by our new partnership." Jovian is a management and holding company with interests in various financial services firms specializing in wealth and asset management. The company has about 75 offices and more than $5.3 billion of client assets.