Kilgour Advisory Group (KAG) is the leading firm dedicated to supporting holders of MAV II and MAV III notes. To our knowledge, KAG is also the only ‘client facing’ firm in Canada of any size that has senior professionals dedicated full time to these asset backed notes resulting from the restructuring of Canada’s Third Party Asset Backed Commercial Paper (ABCP) market.
Colin Kilgour founded KAG in 2007 to support ABCP holders who found themselves holding frozen, highly complex paper with significant and previously misunderstood credit and liquidity risks. Acting as a financial expert for dozens of corporate clients as well as approximately 1,700 retail investors, KAG developed a reputation across Canada for its ABCP market intelligence, its knowledge of the underlying structured products, its integrity, and its unswerving commitment to its investor clients.
As the restructuring completed in 2009, KAG was increasingly called upon to provide ongoing support to note holders whose principal business focus and expertise lay outside the realm of structured finance. While their core strengths lay elsewhere – say in mining or manufacturing – good governance dictated that firms seek suitable support to ensure that these significant yet highly distressed positions were adequately managed. As a result KAG continues to provide ongoing support and counsel to many MAV II and MAV III investors.
To meet this demand, KAG increased its complement in 2009 with Daniel Williams joining the firm as a partner. Dan brought a strong credit background to KAG, having most recently serving as Chief Investment Officer of Dundee Bank and previously as Credit Portfolio Manager at National Bank Financial.
