Overview
PineStone Asset Management Inc. (“PineStone” or the “Firm”) is a boutique investment manager based
in Montreal, QC, Canada. Our Firm was founded in 2021 by Nadim Rizk who serves as PineStone’s
Chief Executive Officer, Chief Investment Officer and Lead Portfolio Manager and is PineStone’s
majority owner. PineStone also has an equity participation plan for key employees of the firm which is
primarily comprised of members of the Firm’s investment team.
PineStone was formed with the singular mission to provide our clients with what the Firm believes to be
superior risk-adjusted returns over the long term through disciplined, rigorous fundamental analysis and
portfolio management.
PineStone provides investment advisory and sub-advisory services on a fully discretionary or non-
discretionary basis. PineStone also provides investment management services to private investment funds
that are offered to investors on a private placement basis (the PineStone Global Equity Fund LLC and the
PineStone International Equity Fund LLC, both Delaware limited liability companies, together the
“Funds”). PineStone also offers Collective Investment Trusts (CITs) for approved qualified retirement
assets in the United States, including the PineStone U.S. Equity CIT and the PineStone International
Equity CIT. Lastly, PineStone provides investment management services to separately managed accounts
and pooled investment vehicles in Canada for
Canadian institutional investors.
We focus primarily on managing four equity investment strategies: Global Equity, International (Non-
U.S.) Equity, US Equity and Global Small Cap. Subject to client-driven restrictions, all portfolios in each
strategy are managed similarly to limit the dispersion of returns across client portfolios.
A client may customize its investments with investment guidelines, restrictions, and limitations
(“guidelines”). These client-driven guidelines are typically set forth in the investment management
agreement between our clients and us. Our management of the Funds consists of investment advice
provided directly to the Funds; advice is not provided directly to investors in the Funds. Investors in the
Funds may not restrict investments by the Funds in any capacity. PineStone also serves as a sub-adviser
to pooled investment vehicles, investment companies, and CITS.
This Brochure does not constitute an offer to sell or solicitation of an offer to buy any securities. Persons
reviewing this Brochure should not construe this as an offer to sell or solicitation of an offer to buy the
securities of any of the Funds described herein. Any such offer of solicitation will be made only by
means of a confidential private placement memorandum.
As of December 31, 2023, PineStone managed US$40,473 billion in client assets on a discretionary basis,
and $3,862 billion on a non-discretionary basis.