About the Succession Fund: Larry Klar, Jim Ambrose, and Richard Reid of Argosy Partners

The Succession Fund™ brings together an accomplished team with over 80 years of experience in private equity, corporate finance and governance.

  • Argosy Partners reacts quickly to investment opportunities, and conducts efficient due diligence.

Richard Reid and Jim Ambrose of Argosy Partners have worked together since 1998. Since then they have secured significant commitments from a number of entrepreneurs and institutional investors under The Shotgun Fund and The Bridge Fund initiatives. In 2006, Larry Klar joined Argosy Partners to launch The Succession Fund.

Larry Klar was Senior Vice President of Canadian General Capital from 1992 through the wind up of CGC in 2005. He is an accomplished and well-known professional in the Canadian mid-market private equity business, and has extensive contacts across the country with business owners and their advisors. Larry was with the KPMG Corporate Finance Group from 1983 to 1992 where he was involved in many mid-market merger and acquisition advisory assignments. Larry is a Chartered Business Valuator. He has served on the Boards, and Audit and Compensation Committees, of many portfolio companies. Larry is actively involved with the Canadian Association of Family Enterprise and the Family Firm Institute (Ontario Chapter).

Richard Reid was a partner of Gordon Capital from 1983 to 1995 and also managed the Canadian Mezzanine Fund, which specialized in private company financing. In 1995 Richard formed Argosy Partners to invest in small and mid-sized Canadian businesses.

Jim Ambrose has acted as CFO of several small companies, been an equity analyst, a consultant to pension plan sponsors, and managed special projects in the retail industry. He has invested in numerous small companies. Jim has taught at the Universities of Waterloo and Toronto and co-authored the first Chartered Financial Analyst text, "Managing Investment Portfolios". He joined Argosy Partners in 1999.

Please click below for information on our other specialized fund.

The Shotgun Fund

To discuss how we can help, please contact Larry Klar.

Email: klar@argosypartners.com
The Succession Fund
141 Adelaide Street West
Suite 760
Toronto, Ontario
Canada, M5H 3L5
Phone: 416-867-8090
Fax: 416-367-3895
Argosy Partners' InvestmentsLinks

Click here to download our information sheet in PDF

When owner-managers want some cash out

Click here to download our brochure in PDF

Argosy Partners Brochure: The Succession Fund, Bridge Fund, and Shotgun Fund