Martin Connell and the Ewing Morris dilemma

The Ewing Morris Opportunities Fund had one of the more notable negative performances of 2020. It was still down 21.7% as of November 2020. I have already covered their struggles before here. I mentioned that fund had a $20m investor and I finally solved that mystery. It all started with Frederick Connell, who in 1938 started Conwest Exploration Company. In 1996, Conwest was bought by Encana. Martin Connell is Frederick's grandson. Martin has a daughter, Devin Connell. Devin is married to Darcy Morris, who is co-founder and CEO of Ewing Morris. So I have to assume Martin Connell is Ewing Morris's $20m man. His overall investment is probably even bigger than that, since the firm has other funds.

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