Continuum Capital Managers is a growth equity investor capitalizing on disruption in the asset and wealth management industry. Continuum empowers portfolio companies to attain extraordinary success by providing the resources and advice necessary to accelerate growth, maximize profitability, and achieve their strategic vision.
We are active partners and experienced entrepreneurs, with a passion for building great businesses. We are creative, motivated, and dedicated to our affiliates’ success. Our firm is built on culture of transparency, collaboration, perseverance, and trust.
We are excited about the future of the financial services industry.
Our Beliefs
We believe the disruption within our industry will create enormous growth opportunities for firms willing to accept change and embrace new models. New technologies, coupled with rapidly changing consumer behaviors, are colliding to create demand for and acceptance of innovative solutions. In addition, a new macroeconomic paradigm is causing investors to question all their prior assumptions about how and where to invest.
We believe that exceptional leaders are building transformative companies that will capitalize on these forces. These teams will pursue a client-focused vision centered on disruptive innovation to provide investors a better financial outcome. They will target specific needs in markets of significance where the incumbents are reluctant to change, and they will be well-rewarded for doing so.
We help entrepreneurs build extraordinary businesses.
Our Strategy
We invest in great teams
We invest in leadership teams who are dedicated to a singular vision and possess many of the following characteristics:
- Demonstrated experience and capability in their markets
- High motivation, driven by strong economic alignment
- Dedication to a common set of core beliefs that drive a strong culture
- Impeccable reputation and integrity
We invest in disruptive innovation
We invest in ideas that disrupt the status quo, that provide a clear opportunity for better financial outcomes, and where adoption can be accelerated when delivered with:
- Simplicity
- Convenience
- Accessibility
- Affordability
We invest in markets of significance
We invest where the solutions are applied to large markets where incumbents are reluctant to adopt change and accept the new norms. Some of the areas we find appealing include:
- The democratization of private market alternative investments
- Environmental sustainability & decarbonization
- Alternative sources of income and growth in a low rate environment
- Mass customization of institutional portfolio construction
- The application of artificial Intelligence and computational speed to portfolio construction and risk management
- The democratization of securities-based lending
- Among many others…
Investments
Continuum invests in firms built by passionate entrepreneurs who are maniacally dedicated to a singular vision. Investments by our partners include:
Altegris is a pioneer in the retail alternatives market, helping clients and their advisors access alternative sources of income and growth.
CQC is a global leader in quantum software and quantum algorithms, enabling clients to get the best out of the rapidly evolving quantum computer hardware.
Supernova is the industry’s first and only cloud-based, fully-customizable, end-to-end software solution to automate securities-based lending.
Osmosis is a leading ESG investment manager dedicated to reducing environmental impact by investing in resource-efficient companies.
Destra is a fund structuring and distribution firm that partners with independent managers to bring innovative strategies to intermediary markets.
The Priority Income Fund is a $700m+ externally managed closed-end fund providing income to investors through CLO equity investments.
Athena Capital is an OCIO business providing services to HNW and institutional investors. It is now part of the Franklin Templeton Group.
Cadence Capital was an investment manager specializing in factor-based investing; its core team is now part of Longfellow Investment Management.
Team
Our Founders and Partners are accomplished industry executives who have managed some of the most admired asset management, wealth management and alternative investment firms in the industry. They have raised tens of billions of dollars for a variety of investment managers and have proven track records of investing in, building, managing, and advising financial services companies.
Doug Grip
Founder and CEO
Doug is founder and CEO of Continuum Capital Managers and leads the firm’s overall business. Doug works closely with our portfolio companies on a range of strategic topics to help accelerate growth, maximize value and achieve their strategic vision.
Prior to Continuum, Doug was a partner of Goldman Sachs where he was president of Goldman Sachs Mutual funds, head of Private Wealth Management International and Chairman of Goldman Sachs Bank, A.G. Doug previously spent 12 years in a variety of capacities at MFS Investment Management including wholesaler, national sales manager, founder and president of MFS Retirement Services and was a member of the MFS Advisory Board.
Doug serves or has served as a member of the board of directors of Goldman Sachs International, Goldman Sachs Mutual Funds, Altegris, Osmosis Investment Management, Destra Capital Management, Athena Capital Advisors and Cadence Capital Management. Doug was previously a Trustee of The American School in London, The Dana Hall School, The Foundation for Teaching Entrepreneurship and a member of the Advisory Board of The Trustees of Reservations.
Doug earned a BS in Economics Management with honors from Ithaca College.
Steve Vanourny
Founder and President
Steve is founder and President of Continuum and leads the firm’s investment origination. Steve works closely with existing partners to achieve their strategic objectives and help maximize business value.
Prior to Continuum, Steve was a senior executive with State Street, serving as Global Head of Strategy and as head of the Global Investment Analytics division. He was previously a Partner at Partners Capital Investment Group, where he led the firm’s private equity investment activities globally. Prior to Partners Capital, Steve was a Partner in McKinsey & Company’s wealth and asset management practices.
Steve serves or has served as a member of the board of directors of Altegris, Destra Capital Management, DirectIndex, and Supernova Companies, as well as State Street’s investment committee overseeing $2 billion in retirement assets. He currently chairs the Board of Trustees of Beth Israel Deaconess Hospital - Needham, was a Trustee of Beth Israel Deaconess Medical Center, a Harvard University teaching hospital, and is a member of Beth Israel Lahey Health’s investment committee, overseeing over $6 billion in assets.
Steve earned an MBA from Harvard Business School and an AB in Economics with high honors from Dartmouth College.