Peloton Capital Management and Stephen Smith acquire Glass Lewis

On March 16, 2021, Peloton Capital Management and Stephen Smith announced the acquisition of Glass Lewis from Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) and Alberta Investment Management Corporation (“AIMCo”).

The terms of the transaction were undisclosed.

Further information can be found on Business Wire’s website.

Glass Lewis is the leading provider of independent global governance solutions. Its unbiased research reports that provide analysis and recommendations on every proxy vote, including M&A and other financial transactions, along with its industry-leading proxy vote management solutions drive value across all governance activities for institutional investors.

Peloton Capital Management is a private equity firm that utilizes a long-term investment philosophy and sector-focused strategy to partner with founders and management teams to help build exceptional businesses and create attractive returns for our investors.

Stephen Smith, one of Canada's leading financial services entrepreneurs, is the Chairman, CEO and Co-founder of First National Financial Corporation, Canada's largest non-bank mortgage lender with over C$115 billion of mortgages under administration.