Founded in 1993 by Terrence Duffy with less than $10 million, the genesis of Lionhart was Asian convertible bonds and warrant arbitrage traded from London. Lionhart has evolved into a truly global organization that allocates capital across different strategies in various industry sectors and asset classes. With offices in Toronto, New York, London, and Johannesburg, our core expertise complements our vigorous commitment to innovative investment strategies and in-depth risk management. This philosophy has allowed Lionhart to produce above-average returns seventeen out of the last nineteen years.