Northleaf hires Goldman Sachs exec

The firm has hired Todd Papau as a vice president of sales and business development to help build out its relationships with institutional investors and family offices.

Toronto-based Northleaf Capital Partners has hired Todd Papau as a vice president of sales and business development. 

Papau will help Northleaf grow its relationships with institutional investors and family offices in Canada and globally. Papau joins Northleaf from Goldman Sachs, where he established and managed strategic Canadian relationships and advised on directing both private and public market investments and portfolio strategies for family offices, foundations and small to mid-sized institutional clients. He was previously a vice president at Citigroup in New York. 

Papau, Northleaf VP

Northleaf spun out of TD Capital Private Equity Investors, the private equity fund of funds and co-investment arm of Canada’s TD Bank Financial Group, in 2009. The firm makes direct co-investments and secondary investments in addition to managing its fund of funds business. 

Northleaf’s fund of funds arm backs a number of Canadian energy-focused firms, including Calgary-based KERN Partners and ARC Energy. The firm is also an investor in Toronto-based mid-market firm TorQuest Partners’ Fund III, which closed on C$535 million (€389 million; $516 million) last month.