Carey co-founded Whitecap in the early 1990’s originally as the venture capital division of Whitecastle Investments Limited, a family office, and led the transition to a $100M venture fund in 2015 (Fund III) and the first close of a $110M venture fund in 2018 (WC IV). He focuses on investments in IT, healthcare and food-related technology. In Whitecap III’s current portfolio, Carey works closely with Reunion Foods and Clearwater Clinical. Carey has worked extensively with Whitecap’s companies including Broadband Networks (acquired by Nortel), PCDocs Group (acquired by Hummingbird/OpenText), Protenergy Natural Foods (acquired by Treehouse Foods), ImagicTV (acquired by Alcatel), and Loran International (acquired by Peregrine).
He has been actively involved in public healthcare, volunteering on the operating boards of Sunnybrook Health Sciences Centre and Baycrest Centre for Geriatric Care for a cumulative two decades. He currently serves on the Sunnybrook Foundation Board and Baycrest’s Finance and Audit Committee.
Carey has worked with numerous Whitecap companies over the past 25 years, assisting senior management teams with strategic planning, hiring of senior execs, business development and financings (both public and private).
Carey holds a law degree from Osgoode Hall Law School in Toronto and a BA (Economics) from the University of Western Ontario.