trending Market Intelligence /marketintelligence/en/news-insights/trending/VUEpvaiGuX6B8ur5w9UE2A2 content esgSubNav
In This List

Cassidy Asset Management sets up 1st cannabis-focused vehicle

Blog

The evolving world of central bank digital currencies

Blog

Insight Weekly: US stock market downturn; Chinese bank earnings; Europe's big tech bills

Blog

Expand Your Perspective Uncover Insights on Key Markets with Differentiated Data

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds


Cassidy Asset Management sets up 1st cannabis-focused vehicle

Newly formed asset manager Cassidy Asset Management Inc. launched its first cannabis-focused fund.

Cassidy Fund 1 LP is expected to close during the first quarter of 2019. It will provide capital to early-stage companies in the medical and recreational cannabis markets.

Toronto-based Cassidy was founded by Rick Meslin and Michael Krestell.

Meslin most recently worked at Wells Fargo Securities Canada Ltd., managing its Canadian-based equities sales and trading group. Krestell is the co-founder of Cronos Group Inc. and was a board member until July.