Investment exec turns to politics

High profile investment firm VP to run as Progressive Conservative candidate

Investment exec turns to politics
Steve Randall
Caroline Mulroney has been confirmed as the Progressive Conservative candidate for the Ontario riding of York-Simcoe.

The BloombergSen Investment Partners vice-president accepted the nomination Sunday and used her acceptance speech to condemn the provincial Liberal government’s minimum wage hike policy.

Mulroney also thanked her parents – her dad is former prime minister Brian Mulroney – for teaching her the value of public service.

“I believe that Ontario finds itself at a crossroads,” Caroline Mulroney said in a statement last month. “This election is about offering a positive vision for Ontario – one that respects taxpayers’ money and delivers economic growth and well-paying jobs to the province.”

Montreal-born Mulroney’s current role at BloombergSen focuses on client services, marketing and business development. She previously spearheaded corporate and regulatory matters at Toronto-based venture debt fund Wellington Financial.

BloombergSen manages over $1 billion in assets and the firm says that its principals – which include Mulroney – have “a vast majority of their personal net worth invested alongside its clients.”

Mulroney’s varied career also includes time served as an associate at law firm Shearman & Stirling and after gaining her degree at Harvard she was a financial analyst in the investment banking department of Bear Stearns & Co.

She also founded the Shoebox Project for Shelters, helping women who are homeless or at risk.

The provincial election takes place in June 2018.

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