Novacap Management Financial Services Inc.
- Regulatory AUM
- $835M
- Discretionary
- $835M
- Clients
- 13
- Avg AUM / client
- $64.2M
- Accounts
- 13
- Employees
- 12
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 13 | $835M | 100.0% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $12.4M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Novacap Fs I Co Investment (Lewis & Ellis), L.P. | Private Equity Fund | Canada | $8.3M | 7 |
| Novacap International Financial Services I, L.P. | Private Equity Fund | Canada | $3.0M | 6 |
| Nvc International Financial Services I, L.P. | Private Equity Fund | Canada | $1.2M | 2 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Bahl, Rajiv, Nmn | Vice President | Nov 2019 (7y) | Less than 5% | |
| Blanchet, Stephane, Nmn | Chief Financial Officer | Nov 2019 (7y) | Less than 5% | |
| Duguay, Bruno étienne, Nmn | Chief Legal Officer And Secretary | Nov 2019 (7y) | Less than 5% | |
| Larochelle, Marcel, Nmn | President | Nov 2019 (7y) | Less than 5% | |
| Turcotte, Josiane, (Nmn) | Chief Compliance Officer | Jan 2024 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Novacap Fund Management Inc. | Shareholder | Nov 2019 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (3, $12.4M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Novacap Fs I Co Investment (Lewis & Ellis), L.P. | Private Equity Fund | $8.3M | $0 | 7 |
| Novacap International Financial Services I, L.P. | Private Equity Fund | $3.0M | $0 | 6 |
| Nvc International Financial Services I, L.P. | Private Equity Fund | $1.2M | $0 | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 2.33 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗