About Us
Our Leadership
With a blend of academic achievements and real-world insights, we’re not just about business; we’re about building lasting relationships in the community.
Our Commitment to ESG
Our Experience, Your Results
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Brad Ashley
MANAGING PARTNER
Founder’s Origin Story
Brad founded PRIVEQ Capital Funds in 1994. As Managing Partner of PRIVEQ, Brad has the responsibility for sourcing, structuring and negotiating new private equity investments as well as the active nurturing and monitoring of these investments. Current directorships include Accipiter Radar Technologies Inc., Integracare Inc. and Thornhill Medical.
Brad is a veteran private equity investor who has successfully invested throughout North America over the past 25 years. Prior to founding PRIVEQ, Brad was an Investment Manager with a prominent private equity fund, responsible for making new investments and actively managing seven North American investments. Former positions also included Senior Manager with Ernst & Young’s corporate finance practice as well as Assistant Treasurer with JP Morgan.
Brad is very active in the Canadian private equity and venture capital community. He is a former Chairman of Canada’s Venture Capital and Private Equity Association (CVCA). Brad was the President of the CVCA from 2002 to 2003 and was the longest-serving member of the CVCA’s Board of Directors (1991-2005). He is also the longest-serving member of the Board of Directors of the Association for Corporate Growth – Toronto Chapter, having served since 1995 and is the Chairman of the Nominating Committee.
He is a graduate of Osgoode Hall Law School (J.D.), Schulich School of Business (M.B.A.), and has an undergraduate degree in mathematics. He serves as a Director of the Schulich/Osgoode M.B.A/J.D. Alumni Association. Brad was called to the Ontario Bar in 1987. In 2014, Brad successfully completed the Institute of Corporate Directors and the University of Toronto’s Rotman School of Management’s Directors Education Program and obtained his ICD.D designation.
-Brad Ashley
Current Leadership
Venture Advisor since 2023
Chairman since 2023
ACG Toronto Chapter
Director since 1995
Credentials & Experience Highlights
- Founded PRIVEQ Capital Funds in 1994.
- Managing Partner of PRIVEQ, overseeing sourcing, structuring, and negotiating new private equity investments.
- Current directorships: Accipiter Radar Technologies Inc., Integracare Inc. and Thornhill Medical.
- 25+ years as a successful private equity investor across North America.
- Former Investment Manager with a leading private equity fund, managing seven North American investments.
- Held positions as Senior Manager at Ernst & Young’s corporate finance and Assistant Treasurer at JP Morgan.
- Former Chairman and President (2002-2003) of Canada’s Venture Capital and Private Equity Association (CVCA).
- The longest-serving member of CVCA’s Board of Directors (1991-2005) and Association for Corporate Growth – Toronto Chapter since 1995.
- Graduate of Osgoode Hall Law School (J.D.), Schulich School of Business (M.B.A.), with an undergrad in mathematics.
- Completed the Directors Education Program at Rotman School of Management in 2014, earning the ICD.D designation.
Lee M. Grunberg
PARTNER
Lee’s Origin Story
Prior to joining PRIVEQ, Lee garnered his private equity experience as an Associate Director of Merchant Banking with a bank-affiliated private equity firm in Toronto and previously as an Associate in the Financial Sponsor Coverage group of a major U.S. Investment Bank in New York.
Lee graduated with a joint B.A. in economics and political science from McGill University and an M.B.A. from the Schulich School of Business, York University.
Current Leadership
President & CEO since 2016
Credentials & Experience Highlights
- Joined PRIVEQ Capital Funds in 2006.
- Oversees sourcing, evaluating, structuring, and executing new private equity investments.
- Current directorships: Integracare Inc. and Accipiter Radar Technologies Inc.
- Associate Director of Merchant Banking with a Toronto-based bank-affiliated private equity firm.
- Former Associate in the Financial Sponsor Coverage group of a major U.S. Investment Bank in New York.
- Holds a B.A. in economics and political science from McGill University.
- Earned an M.B.A. from the Schulich School of Business, York University.
Jamie Brown, CEO, Frantic
Providing Tailor Made Solutions Since 1994
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