Today’s Notable Young Professional is Claridge Senior Associate Ludovic Dumas, who manages a diverse portfolio of investments in public and private equity in a variety of industries from technology to real estate…
Elevator Pitch: Describe your job in a nutshell.
I am a Senior Associate at Claridge, a family office managing a diverse portfolio of investments in public and private equity, as well as in real estate. I spend the bulk of my time analyzing new opportunities and making investments in private companies in the consumer, technology, entertainment, and real estate industries, among others.
Why did you start working at your company? What was the inspiration for this career route?
I have been interested in combining my interests in corporate strategy and finance in an entrepreneurial environment since university. I discovered the private equity industry while working in investment banking. It was an ideal experience to learn about deal making and to develop a strong international network in the financial community. As an advisor, the role of an investment banker is more transactional in nature. I gradually realized that I appreciated more the opportunity available in private equity to create value with the management team.
What is the best part of what you do on a day-to-day basis? The most challenging part?
I enjoy meeting entrepreneurs the most. They have such incredible energy, creativity and passion. The most challenging aspect is working in diverse industries. I could start my day working on a technology transaction, transition to entertainment, and finish the day in real estate. I must get up to speed quickly in a new industry while working with entrepreneurs – leaders who know their field inside-out – to make sound investment decisions and to find a way to add value to their business.
Where do you see yourself in 5 years?
My goal is to develop a good reputation and a track record to be recognized among my peers as an astute investor and builder of innovative companies into world-class organizations. On a personal level, I hope to be recognized as a leader in the community and instigator of appreciated initiatives to better our society.
What does success look like to you?
Finding a way to balance a fulfilling career and a rewarding personal life with family and friends.
What is the most memorable milestone in your career?
One of my most rewarding experiences was to revive a provincial business plan competition with a team of 50 volunteers. We created a North American first by successfully negotiating a partnership with Quebec’s leading network of angel investors. It was a captivating adventure. I essentially managed a start-up for one year. This experience shaped my ambitions to lead an organization.
Do you have any advice for other young professionals?
Follow your passions, help others altruistically, create your own path, be curious, get out of your comfort zone, travel, develop an owner mentality, and adopt an entrepreneurial mindset. Enjoy the journey! Time flies.
Do you support any charities? If so, which one(s) and why is that important to you?
As an Ambassador of the Montreal Cancer Institute, I participate in the organization of the fundraising event Casino Against Cancer. Last year, we had a great turnout for our first edition and received very positive feedback. I am very excited about this year’s event. We are working hard to amaze people on September 20th at the Windsor Ballroom. Come bet against cancer! I also enjoy being active in Quebec’s entrepreneurial ecosystem. I advise several start-ups through FounderFuel, Comités pour entrepreneurs and Startup Weekend.
What to you is notable?
I am impressed by individuals that display positive attitude, humour, perseverance, strength in character to fight for what they believe is right despite criticism, and creativity to add value to our community.
Blackberry, iPhone, Android, or Other?
iPhone since I left investment banking.