OpenSky Fund

OpenSky Fund was founded in 2021

With the intent of drawing on the experience and business connections of the investment management team at Merchant Corp, and with the focus on primarily seeking out and investing in North American small to mid-sized private and public companies that have potential for significant growth. The investment strategy is to nurture and assist these companies by investing in a variety of instruments including equities, convertible securities, and derivatives. OpenSky Fund’s financial strength is coupled with the wealth of experience of a seasoned investment team that has managed and controlled combined assets in excess of one billion dollars over their careers, spread over private Funds and the portfolios of internationally based high net worth individuals.

Learn more

Our Investment Team

Adrian Towning, one of the investment team of Merchant Corp, has been an Associate of the Chartered Institute of Secretaries and Administrators of England since 1967 and has over 50 years of extensive business, investment banking, FinTech and real estate experience. Over the course of his business life he has been responsible for providing business consultancy services to internationally based high net worth individuals and companies looking to raise capital, go public or expand the sphere of their business activities. Adrian is a Permanent Resident of the Bahamas and is approved by the Securities Commission of The Bahamas as an investment manager.

Mr. Parks is currently the CEO and a director of Fountain Asset Corp., a TSXV-listed investment issuer. Fountain Asset Corp. was a recipient of the TSX Venture 50 award, which is a program that showcases the top-performing listed companies on the TSX Venture. He has extensive experience with public and private companies. He is formerly a director of The BRN Group, and Prominex Resources. Prior to joining Fountain Asset Corp., Mr. Parks was a partner and registered portfolio manager at a successful Toronto based asset manager. Mr. Parks is a Chartered Financial Analyst and holds an Honours Bachelor of Business Administration from Wilfrid Laurier University.

After finishing her education Mona joined a Bahamian logistics company as a trainee accountant and completed her accounting qualification with a certification in QuickBooks Pro. Because of her organizational and management skills the Company assigned her to its operational arm where she rose to the position of Group Operations Manager, a position she held until she joined OpenSky Merchant Corp in 2021.

Our Approach

OpenSky Fund is sector agnostic, with the ability to invest directly with the issuer at the top and bottom of the capital structure. Since the investment strategy is built around seeking out situations which will lead to capital growth, the lack of current income steams via dividends is not a deterrent in investment decisions.