Som Seif is the Founder and CEO of Purpose Investments Inc., which he formed following the sale of Claymore Investments to BlackRock Inc. in March 2012. Som started Claymore in Canada in January 2005 and was formerly the President and CEO, leading the implementation of the company’s business development and corporate strategies. Over the seven years of its operation, Claymore organically grew to $8 billion in assets and established itself as a Canadian leader in bringing intelligent, low cost exchange-traded funds to investors through its family of thirty-four exchange-traded funds across broad asset classes.
Prior to founding Claymore, Som was an investment banker with RBC Capital Markets, where he had worked since 1999. He played a key role in developing the structured products group at RBC Capital Markets in both Canada and the U.S., where he structured and raised capital for both Canadian and U.S. asset managers.
Som is a Chartered Financial Analyst and has a Bachelor of Applied Science with an emphasis on Industrial and Systems Engineering from the University of Toronto. Som has a strong commitment to community and is currently Vice Chair of the Sunnybrook Hospital Foundation Board, a member of the Corporate Advisory Board of the Art Gallery of Ontario, the University of Toronto’s Mechanical & Industrial Engineering Advisory Board, and the Engineering Alumni Association Biz Skule™ Committee.
In 2011, Caldwell Partners International recognized Som for his vision and leadership with the “Top 40 Under 40” award.