Michael Simonetta
Net worth: 57 764 $ as of 30/06/2026
Net worth: 57 764 $ as of 30/06/2026
Michael Simonetta was the founder of Propel Multi-Strategy Fund, founded in 2010, and served as Chairman from 2010 to 2014.
Current jobs include Chairman & Chief Financial Officer at Evolve Automobile Innovation Index Fund; Independent Director at Bitcoin Treasury Corp.
starting in 2025; Member of Chartered Professional Accountants of Ontario; Member of Young Presidents' Organization (Canada); and Member of Institute of Chartered Accountants of Ontario.
Former jobs include President, CEO & Founding Partner at First Asset Management, Inc. from 1997 to 2006; Chairman at Diversified Alpha Fund II in 2011; Chairman at Strategic Income Allocation Fund; Chairman at Senior Secured Floating Rate Loan Fund; Chairman at First Asset Investment Management, Inc. from 1997 to 2006; Chairman at Propel Capital Corp.; Director at Toronto Board of Trade; President at Affiliated Managers Group, Inc.; and Chief Financial Officer at Evolve Fund Corp.
Education includes an undergraduate degree from The University of Waterloo, conferred in 1983.
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
0.26% | 23/06/2025 | 25,006 ( 0.26% ) | 57 764 $ | 30/06/2026 |
| Companies | Position | Start |
|---|---|---|
| EVOLVE AUTOMOBILE INNOVATION INDEX FUND | Chairman | - |
Chartered Professional Accountants of Ontario
Chartered Professional Accountants of Ontario Miscellaneous Commercial ServicesCommercial Services Operates as a professional development organization | Corporate Officer/Principal | 10/02/2011 |
Young Presidents' Organization (Canada)
Young Presidents' Organization (Canada) Miscellaneous Commercial ServicesCommercial Services Operates as non-profit organization, which helps young chief executives to engage, learn, and grow | Corporate Officer/Principal | 10/02/2011 |
Institute of Chartered Accountants of Ontario | Corporate Officer/Principal | - |
| Companies | Position | End |
|---|---|---|
Propel Multi-Strategy Fund
Propel Multi-Strategy Fund Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust | Founder | 21/02/2011 |
First Asset Investment Management, Inc.
First Asset Investment Management, Inc. Investment ManagersFinance First Asset works on a consultative basis with advisors providing comprehensive and individualized service to ensure they are best able to position client portfolios. To create innovative, low cost, solution-oriented funds, the firm teams up with high quality investment firms. | Chairman | 31/07/2006 |
First Asset Management, Inc.
First Asset Management, Inc. Investment ManagersFinance Provides portfolio management and investment advisory services | Chief Executive Officer | 01/01/2006 |
Evolve Fund Corp.
Evolve Fund Corp. Investment Trusts/Mutual FundsMiscellaneous Functions as open-end mutual fund | Director of Finance/CFO | - |
Propel Capital Corp.
Propel Capital Corp. Investment ManagersFinance Provides investment advice | Chairman | - |
Active
Inactive
Listed companies
Private companies
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
| Private companies | 15 |
|---|---|
Affiliated Managers Group, Inc.
Affiliated Managers Group, Inc. Investment ManagersFinance Provides investment management services | Finance |
Propel Multi-Strategy Fund
Propel Multi-Strategy Fund Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust | Miscellaneous |
Diversified Alpha Fund II
Diversified Alpha Fund II Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust | Miscellaneous |
Strategic Income Allocation Fund
Strategic Income Allocation Fund Investment Trusts/Mutual FundsMiscellaneous Acts as Closed-End Investment Fund/Investment Trust | Miscellaneous |
Senior Secured Floating Rate Loan Fund
Senior Secured Floating Rate Loan Fund Investment Trusts/Mutual FundsMiscellaneous Acts as Closed-End Investment Fund/Investment Trust | Miscellaneous |
First Asset Management, Inc.
First Asset Management, Inc. Investment ManagersFinance Provides portfolio management and investment advisory services | Finance |
First Asset Investment Management, Inc.
First Asset Investment Management, Inc. Investment ManagersFinance First Asset works on a consultative basis with advisors providing comprehensive and individualized service to ensure they are best able to position client portfolios. To create innovative, low cost, solution-oriented funds, the firm teams up with high quality investment firms. | Finance |
The University of Waterloo
The University of Waterloo Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Chartered Professional Accountants of Ontario
Chartered Professional Accountants of Ontario Miscellaneous Commercial ServicesCommercial Services Operates as a professional development organization | Commercial Services |
Young Presidents' Organization (Canada)
Young Presidents' Organization (Canada) Miscellaneous Commercial ServicesCommercial Services Operates as non-profit organization, which helps young chief executives to engage, learn, and grow | Commercial Services |
Toronto Board of Trade
Toronto Board of Trade Miscellaneous Commercial ServicesCommercial Services Operates as chamber of commerce | Commercial Services |
Propel Capital Corp.
Propel Capital Corp. Investment ManagersFinance Provides investment advice | Finance |
Evolve Automobile Innovation Index Fund
Evolve Automobile Innovation Index Fund Investment Trusts/Mutual FundsMiscellaneous Exists as exchange Traded Fund | Miscellaneous |
Evolve Fund Corp.
Evolve Fund Corp. Investment Trusts/Mutual FundsMiscellaneous Functions as open-end mutual fund | Miscellaneous |
Institute of Chartered Accountants of Ontario |
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