Canadian investor Moez Kassam is a hedge fund manager, entrepreneur, and a philanthropist who is active in many nonprofit organizations in Toronto and beyond.
As a student at Bayview Glen School, Moez Kassam developed an interest in finance after his class placed in the top three schools in the TD Stock Portfolio Challenge for Ontario. Kassam went on to attend the University of Western Ontario, where he graduated in 2002 with a Bachelor of Arts degree. In 2010, Moez Kassam earned his Master of Business Administration degree with a concentration in finance from the London Business School.
His Net Worth
Moez Kassam’s net worth is estimated to be over $10 million. His compensation from his primary business, Anson Funds, is unknown, as the firm is privately-held.
His Investment Experience
In 2007, Moez Kassam co-founded Anson Funds, and he remains one of the primary managers of total assets under management, which is estimated at about $1.4 billion. Anson Funds has won numerous awards and remained in the Top 10 Equity Long/ Short Hedge Funds list by BarclayHedge for two consecutive quarters.
Anson Funds focuses on three investment strategies: classic shorts, value longs and special situation investments. Those strategies shape the firm’s flagship fund, Anson Investments Master Fund, or AIMF.
His Philanthropy Efforts
Moez Kassam founded The Moez & Marissa Kassam Foundation, named for Kassam and his wife, which donates to many organizations that aid vulnerable people across Canada, and especially in Toronto.
Since its inception, the Foundation has supported organizations that impact these primary areas of focus: food and shelter, healthcare, education, immigrant integration, and arts and culture, locally and globally.
The recent $2.5 million donation to the Sinai Health Foundation from The Moez & Marissa Kassam Foundation is a prime example of a life-saving healthcare initiative. The gift will allow Sinai to bring its world-leading women’s and infants program to communities across India, Pakistan, Bangladesh and Sri Lanka through the launch of a new fellowship program.
Moez & Marissa Kassam Fellows will be selected for an opportunity to learn from experts in the Frances Bloomberg Centre for Women’s and Infants’ Health at Sinai Health. The goal is to have these trainees take their expertise back to their home countries to strengthen neonatal services in their communities.
Similarly, in 2021 The Moez & Marissa Kassam Foundation donated $1 million to the Michael Garron Hospital. Other health and medical organizations that the Foundation supports include:
- Sunnybrook Health Sciences Centre
- SickKids VS Limits Campaign
- Canadian Foundation for AIDS research
- Ronald McDonald House Charities
In addition, the Foundation actively supports these nonprofits focused on food and shelter, youth development and engagement, immigration, and arts and culture:
- Community Food Centres Canada (CFCC)
- Fred Victor Center
- The North York Harvest Food Bank
- Homes First
- Ryerson University
- Friends of Aseema
- Camp Ooch and Camp Trillium
- Institute for Canadian Citizenship (ICC)
- Windmill Microlending
- Canadian Olympic Foundation
- Toronto Public Library Foundation