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“How Much is Patrick Kerton Worth? Uncovering the Net Worth of the Business Magnate” 

 April 2, 2023

Introduction:

Patrick Kerton is a renowned Canadian business magnate and finance expert. He is famous for his successful career in investment banking at GMP Securities LLC, where he was the Head of Investment Banking and Vice Chairman. Over the years, he has built an empire in finance, investing, and business that has earned him massive wealth and prestige. In this article, we will dive into the world of Patrick Kerton and uncover his net worth, his career highlights, and his journey to success.

Patrick Kerton’s Early Life and Career:

Patrick Kerton was born in Newfoundland and Labrador, Canada, in 1959. He earned his bachelor’s degree in mathematics from Memorial University of Newfoundland in 1981, followed by a master’s degree in operations research from London School of Economics. In 1985, he started his career as an analyst at Scotia McLeod in Toronto. In 1987, he joined Merrill Lynch Canada as a research analyst and later became the Director and Head of Canadian Research. He joined GMP Securities LLC in 2005 and became the Head of Investment Banking and Vice Chairman.

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Patrick Kerton’s Net Worth:

According to the latest reports, Patrick Kerton’s net worth is estimated to be around $50 million. He has accumulated his wealth through his successful career in finance, as well as his investments in various businesses and properties.

Patrick Kerton’s Career Highlights:

Patrick Kerton’s career highlights include his tenure at GMP Securities LLC, where he oversaw the firm’s investment banking activities, including mergers and acquisitions, equity financings, and debt offerings. He has played a significant role in some of Canada’s most high-profile deals, such as the sale of CanEnerco to Progress Energy, the sale of Contrans Group to TransForce, and the sale of Flint Energy to URS.

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Patrick Kerton’s Investments:

Patrick Kerton has made significant investments in various businesses and properties over the years. He is a founding member of Kerton Venture Group, which invests in innovative startups. He has also invested in real estate, including properties in Canada, the US, and the Caribbean. In addition, he holds a significant stake in Trevi Therapeutics, a clinical-stage biotechnology company.

FAQs:

1. What is Patrick Kerton’s source of wealth?
Patrick Kerton’s source of wealth is his successful career in finance, as well as his investments in various businesses and properties.

2. What is Patrick Kerton’s net worth?
Patrick Kerton’s net worth is estimated to be around $50 million.

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3. What are Patrick Kerton’s career highlights?
Patrick Kerton’s career highlights include his tenure at GMP Securities LLC, where he oversaw the firm’s investment banking activities, including mergers and acquisitions, equity financings, and debt offerings.

4. What businesses has Patrick Kerton invested in?
Patrick Kerton has invested in various businesses, including startups, real estate, and biotechnology.

5. What is Kerton Venture Group?
Kerton Venture Group is a venture capital firm founded by Patrick Kerton that invests in innovative startups.

6. What properties does Patrick Kerton own?
Patrick Kerton owns properties in Canada, the US, and the Caribbean.

7. What is Trevi Therapeutics?
Trevi Therapeutics is a clinical-stage biotechnology company in which Patrick Kerton holds a significant stake.

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Patrick Kerton’s Personal Life:

Patrick Kerton is a private individual, and little is known about his personal life. However, he is known to be a philanthropist and has donated to various causes over the years.

Conclusion:

Patrick Kerton is a highly successful business magnate and finance expert who has built an empire in finance, investing, and business. He has worked on some of Canada’s most high-profile deals and has made significant investments in various businesses and properties. Although his personal life is private, he is known to be a philanthropist who has donated to various causes. Patrick Kerton’s net worth is estimated to be around $50 million. To sum it up, Patrick Kerton’s journey to success is a testament to the power of hard work, dedication, and smart investments.

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