Dave Heden began his investment career as a summer intern with K2 & Associates - a Toronto based hedge fund - at the age of 17. That summer internship turned into 13 years of experience at one of Canada's best performing hedge funds, working alongside the Founder as Managing Partner. During that period, K2 grew their AUM from $6 M to over $600 M across a variety of strategies including merger arbitrage.
This vast experience gave Dave a foundation of knowledge that he has applied to his own investment management company HGC. He came away with the thinking that hedge funds should have narrow mandates for investor clarity, produce uncorrelated returns to the market, have a low level of volatility and a high degree of liquidity. These investor-friendly characteristics are the hallmark of HGC.