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Gary Perron

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The Founding of Kipling Funds: Gary Perron’s Vision for Long-Term Outperformance

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July 30, 2025

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Gary Perron: Gary Perron has forged a distinguished reputation in Canadian investment management over more than forty years, marked by entrepreneurial spirit, disciplined leadership, and a steadfast commitment to client-focused independence. His journey in finance began in 1977 at BMO Nesbitt Burns in Calgary, where he established a foundation built on integrity, accountability, and adaptability. Over 36 years with the firm (and its predecessor Burns Fry), Gary shaped a professional philosophy that blends disciplined strategy with the flexibility to respond to changing markets—principles that would guide the independent businesses he later built. In the 1990s, Gary co-founded Norrep Capital Management, a boutique asset manager that soon expanded its national presence and evolved into NCM Asset Management Ltd. Norrep was recognized for delivering strong risk-adjusted returns and for its ability to challenge much larger, bank-owned competitors, thanks to Gary’s leadership in performance-driven investing and efficient capital deployment. His hands-on approach helped establish new standards for independent firms in Canada, focused on transparency and alignment with client interests.

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