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John Kruk Toronto Lawyer

John Kruk

Partner Fasken
In a mature industry, Canadian fund managers need leading edge advice on industry trends and complex regulatory requirements.
Jurisdiction Ontario, 1988
Language(s) English
Office(s) Toronto
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Overview

John Kruk’s practice is focused on investment funds and other products and services offered by investment managers. He advises clients on how to set up,  market, manage and restructure these products and services.

John assists clients with a wide range of investment products and services, whether intended for retail Canadian investors, institutions or anywhere in between. The products range from conventional mutual funds to sophisticated, unique solutions. John also has experience with less common arrangements such as hedge funds, mortgage investment corporations and segregated funds. Advising clients on compliance requirements also is a large part of John’s practice. Beyond products, John also assists clients with buying, selling and reorganizing investment management businesses.

John's practice is recognized by Chambers Global and he has been ranked in the Canadian Legal Lexpert Directory. 

Achievements

Client Work

  • Fiera Capital completes acquisition of Natixis' Canadian operations and funds, [Case - Fiera Capital], On July 3, 2019, Fiera Capital announced the completion of the acquisition of all the issued and outstanding shares of Natixis, the holding company of Natixis Investment Managers Canada LP, acting as investment fund manager of publicly and privately distributed investment funds. In addition to...
  • June 2021 Investment Grade Bond Pool completes US$32 million IPO, [Deal - June 2021 Investment Grade Bond Pool], June 2021 Investment Grade Bond Pool completed its initial public offering of units at $10 per unit in April 2017 raising over $32 million of proceeds. The Fund’s investment objectives are to (i) return to holders of Units, including through principal distributions, the original issue price of $...
  • Canadian Investment Grade Preferred Share Fund completes US$60 million IPO, [Deal - Various Clients], Investment Grade Managed Duration Income Fund (P2L) completed its initial public offering of units at $10 per unit in December 2016 raising over $60 million of proceeds. The Fund’s investment objectives are (i) provide holders of Units with monthly cash distributions; and (ii) maximize the total ...
  • June 2020 Corporate Bond Trust completes US$40 million IPO, [Deal - Various Clients], June 2020 Corporate Bond Trust completed its initial public offering of units at $10 per unit in December 2016 raising over $40 million of proceeds. The Fund’s investment objectives are (i) return to unitholders the original issue price of $10.00 per Unit on or before June 30, 2020; and (ii) gene...
  • US Banks Income & Growth Fund completes IPO, [Deal - Various Clients], Investment Grade Managed Duration Income Fund completed its initial public offering of units at $10 per unit in December 2015 raising over $30 million of proceeds. The Fund’s investment objectives are (i) maximize total return through capital appreciation and distributions; and (ii) provide unith...
  • Investment grade managed duration Income Fund completes its IPO, the first IPO by a closed end fund using the innovative UTF structure, [Deal - Confidential Clients], Investment Grade Managed Duration Income Fund completed its initial public offering of units at $10 per unit in August 2015 raising over $30 million of proceeds. The Fund’s investment objectives are to (i) provide unitholders with a stable stream of monthly distributions; (ii) preserve the net as...
  • Next Edge Capital launches Next Edge Theta Yield Fund, [Deal - Next Edge Capital Corp.], On December 2, 2014, Next Edge Capital Corp. (Next Edge), announced that the Next Edge Theta Yield Fund (Theta Yield Fund), an open-end mutual fund, filed its final simplified prospectus. The Theta Yield Fund represents the first instance in which the Canadian securities regulatory authorities ha...
  • Fiera Capital completes acquisition of Propel Capital for US$12 million, [Deal - Fiera Capital], On September 2, 2014, Fiera Capital announced that it acquired Propel Capital for a total consideration of up to $12 million. In line with Fiera Capital’s strategic objectives, this acquisition gives the firm the opportunity to enhance its expertise, offering and distribution capabilities in the ...
  • BlackBerry closes US$1 billion convertible debenture financing, [Deal - Mackenzie Financial Corporation], Fasken Martineau represented Mackenzie Financial Corporation, in its capacity as trustee and manager of various funds, in connection with BlackBerry Ltd.’s US $1 billion convertible debenture financing. The private placement financing closed on November 13 and Mackenzie Financial Corporation, as ...

Career & Education

Education

  • LLB University of Toronto
  • BA Acadia University

Memberships & Affiliations

  • Member, Canadian Bar Association
  • Member, Investment Funds Technical Advisory Committee of the Ontario Securities Commission
  • Member, Registrant Advisory Committee of the Ontario Securities Commission
  • Member, Legal & Compliance Issues Working Group of The Investment Funds Institute of Canada

Knowledge

News

Publications

  • Chambers Investment Funds 2019: Canada, 12/31/2019
  • Phase 2 Fund Modernization Amendments Now in Effect, 9/30/2014
  • New Rules for Closed-End Funds and Mutual Funds Under Phase 2 Fund Modernization Amendments, 6/25/2014
Article Phase 2 Fund Modernization Amendments Now in Effect Timely Disclosure
Article New Rules for Closed-End Funds and Mutual Funds Under Phase 2 Fund Modernization Amendments Timely Disclosure

Speaking Engagements

  • Reducing Regulatory Burden Related to Registration, Compliance and Investment Funds, 5/6/2019
  • Risks of Cross Licensing Reps in Insurance and Securities, 10/15/2010
Panelist Reducing Regulatory Burden Related to Registration, Compliance and Investment Funds Ontario Securities Commission Roundtable

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