Founded in 1989, Northwater Capital Management Inc. is a private investment company with offices in Toronto and New York. Northwater has had a long history of bringing innovative financial solutions to institutional and retail investors. The Northwater Intellectual Property Funds were first launched in early 2006 and have performed strongly by investing in a broad array of IP properties. Northwater's original research has also resulted in the development of a strategy for investment in alternative betas. Northwater's research group has developed an approach to diversification that is intended to protect client portfolios from swings in inflation or GDP growth.