The Shotgun Fund, managed by Richard Reid and Jim Ambrose

Argosy Partners™ is the general partner of the Shotgun Fund™

Argosy Partners is a private investment partnership. The firm was established in 1995 to provide merchant banking to small and medium-sized companies. As general partner of the Shotgun Fund, Argosy combines its own capital with that of a small number of highly successful investors and entrepreneurs to make investments in private ventures that are experiencing shareholder conflict.

Richard Reid was a partner of Gordon Capital from 1983 to 1995 and also managed the Canadian Mezzanine Fund, which specialized in private company financing. In 1995 Richard formed Argosy Partners to invest in small and mid-sized Canadian businesses.

Jim Ambrose has acted as CFO of several small companies, been an equity analyst, a consultant to pension plan sponsors, and managed special projects in the retail industry. He has invested in numerous small companies. Jim has taught at the Universities of Waterloo and Toronto and co-authored the first Chartered Financial Analyst text, "Managing Investment Portfolios". He joined Argosy Partners in 1999.

Contact us

The Shotgun Fund
141 Adelaide Street West
Suite 760
Toronto, Ontario
Canada, M5H 3L5
Phone: 416-367-3617
Fax: 416-367-3895


Canada's Venture Capital & Private Equity Association
CVCA - Directory

Please click below for information on our other specialized fund.

The Succession Fund: private equity financing for shareholders that want to take Chips off the Table

Argosy Partners' Investments

Click here to download our brochure in PDF

Argosy Partners Brochure: Private Equity Financing or Bridge Loans from the Shotgun, Succession, and Bridge Funds