About Anson Funds

Anson Funds is a privately held alternative asset management company, founded in 2003 with offices in Dallas and Toronto.


Our Investment Strategies

Risk Management

We prioritize net of fees performance with low volatility of returns, and low correlations to broad market indexes.


Our Funds

AIMF is our flagship fund, where we deploy all three of our investment strategies. ACMF is a niche fund with a Canadian bias that is comprised of high-conviction positions with a short to medium-term time horizon.


Our People



Bruce Winson, Principal

As a principal of Anson Funds, Bruce advises all alternative funds under management and is responsible for investment strategy, idea generation, trading, and overall investment performance. In January 2003, Bruce launched Anson’s first long-short short fund, Anson Capital. In July 2007, Bruce and Moez teamed up to launch Anson’s second fund, Saunders Capital. In December 2009, Anson Capital and Saunders Capital were combined into one fund, Anson Investments (AIMF), which is our flagship fund. Prior to launching Anson Funds, Bruce worked as an equity analyst for over five years at Paragon Associates JV, a Dallas-based long-short equity fund. Before Paragon, Bruce worked in management consulting and systems consulting in the USA, Europe, and Singapore. Bruce holds an MBA from the University of Texas at Austin and a BA in Economics and Russian from Vanderbilt University. Bruce earned the CFA Charter in 2000.

Moez Kassam, Principal

As a principal of Anson Funds, Moez advises all funds under management and is responsible for investment strategy, trading, and overall investment performance. In July 2007, Moez co-launched Saunders Capital Master Fund LP which was the predecessor to Anson Investments Master Fund LP. Prior to co-founding Anson Funds, Moez served as Principal at Cynique Investments. Moez is an executive member of the Young Presidents Organization’s (YPO) Maple Leaf Chapter, where he serves as Education Officer. Moez also sits on the advisory boards of the Immigrant Access Fund and Kids Cook to Care. Moez holds an MBA from London Business School and a BA from the University of Western Ontario.

Adam Spears, Principal

Adam Spears joined Anson Funds Canada in early 2010 as a principal. As such, Adam advises all alternative funds under management and is responsible for investment strategy, idea generation, trading, and overall investment performance. Prior to joining Anson Funds, Adam worked at Canada’s largest private equity firm, Onex Corporation, where he was a member of ONCAP Management Partners, a middle-market private equity fund focusing on buyouts of businesses with values of between $50 and $300 million. Prior to Onex, Adam worked at Citigroup in the Investment Banking division, focusing on mining and natural resources. At Citigroup, Adam was involved in a number of M&A and financing transactions. Adam holds an Honors Degree in Business Administration from the Richard Ivey School of Business at the University of Western Ontario. Adam earned the CFA Charter in 2011.

Investment Team

Sunny Puri, Senior Analyst

Sunny has been with Anson Funds since April 2013, and is involved in all aspects of the investment process.Prior to joining Anson Funds, Sunny was an associate at RBC Capital Markets in Toronto, Ontario, Canada and Sydney, Australia between 2010 and 2012. Sunny was also a Senior Associate at PricewaterhouseCoopers from 2007 to 2010.Sunny graduated 2007 from the Schulich School of Business at York University, with a Bachelors of Business Administration (Honors) in Accounting and Finance, and is a Chartered Accountant (CPA CA) in Canada.

Jay Lubinsky, Portfolio Manager – Anson Investments Catalyst Fund

Jay joined Anson Funds in mid-2012 to help launch a new fund, ACMF. Jay mainly advises ACMF, responsible for investment strategy, idea generation, trading, and overall investment performance.Prior to joining Anson Funds, Jay worked at Toronto-based West Face Capital from January 2008 through May 2012. West Face is one of Canada’s largest hedge funds, specializing in restructurings, high-yield debt, risk arbitrage, privately negotiated financings, and special situation equities. Prior to joining West Face, Jay worked in New York as an analyst at Goldman Sachs, & Co. in the investment banking division, from late 2005 to late 2007. At Goldman Sachs, Jay specialized in leveraged finance, mergers and acquisitions, and municipal derivatives and finance. Jay graduated from the University of Western Ontario in 2004 with a Bachelor’s Degree in Chemical and Biochemical Engineering.


Operations and Administration

Advisory Board

David Cynamon

David is Founder and Executive Chairman of K2 Pure Solutions which manufactures water purification and disinfection products using safe, environmentally sustainable technology. K2 Pure Solutions helps provide an answer to eliminating the need to transport chlorine for water purification and disinfection, as well as other industries, by deploying a North American wide network of state-of-the-art facilities utilizing inherently safe technology. In 1995, David acquired controlling interest in a single Household cleaners plant called KIK Corporation and turned it into North America’s largest manufacturer of retailer and National brand consumer products in the household, personal care and over-the-counter drug categories, producing leading National brand products for several Fortune 500 companies as well as retailer brand products for the World’s largest retailers. Under his leadership, the company expanded from 1 to 23 manufacturing facilities, employing 4,000 people and sales climbed from $16 million to over $1.3 billion in 12 years. KIK was twice recognized as one of Canada’s 50 Best Managed Companies and in 2002, David led the company through one of the year’s largest and most successful Income Fund public offerings, forming KCP Income Fund. In 2001, David was recognized as one of Canada’s Top 40 under 40 by The Globe and Mail’s Report on Business magazine and in 2002 he was awarded the Ernst & Young Entrepreneur of the Year Award for the Canadian manufacturing sector. In May 2007 David led the sale of KCP (KIK) for $804 million. Later that year he was honored by the B’nai Brith Foundation with its Annual Award of Merit. In January 2013 Prime Minister Stephen Harper awarded David the Queen Elizabeth II Diamond Jubilee medal, a commemorative medal created to mark the 60th anniversary of the accession to the thrones of Queen Elizabeth II and serves to honor significant contributions and achievements made by Canadians. David is also a partner of METROPIA, one of Canada’s leading residential real estate development companies, as well as a partner in Liberty Entertainment Group, a developer and marketer of numerous landmark establishments and restaurants in North America.

Prashant Pathak

Prashant Pathak is CEO of Ekagrata Inc. a principal investment company and also Managing Partner of ReichmannHauer Capital Partners a private equity firm. He serves on the board of several companies and community institutions. He is an appointee of Government of Canada on the Board of BDC (Business Development Bank of Canada). He is also Chair of the Venture Capital and Investments Committee, for BDC Venture Capital, which is Canada’s largest VC program. Previously, Mr. Pathak has been a Partner of McKinsey & Company Inc. At McKinsey, he was a leader of the North American Telecom Practice, the Financial Services Practices and a leader in the Strategy & Corporate Finance Practice. He has advised several global corporations on a range of general management, strategy, M&A and operations issues across North America, Asia, Europe and South America. Prior to McKinsey, Mr. Pathak spent several years in the industry in management and field operations roles at Schlumberger and Halliburton. Mr. Pathak actively contributes to several community and not-profit institutions and causes. He was a director on the Board of the North York General Hospital in Toronto. He is an alumnus of the core team of Vartana and is a Charter Member of TiE (The Indus Entrepreneurs). Mr. Pathak is also a member of the Young Presidents’ Organization (YPO). Mr. Pathak has a MBA from INSEAD with Distinction and a B.Tech degree in Electrical Engineering from The Indian Institute of Technology (IIT).

Contact Information

Anson Funds USA
5950 Berkshire Lane
Suite 210
Dallas, Texas, 75225 USA
Tel. +1.214.866.0200

Anson Funds Canada
155 University Avenue
Suite 207
Toronto, Ontario, M5H 3B7 Canada
Tel. +1.416.447.8874

Registered Office
190 Elgin Ave
George Town
Grand Cayman
Cayman Islands
British West Indies