Bluesky Equities

Overview

Bluesky Equities is a privately-owned investment management company based in Calgary, Alberta, specializing in direct investments in private and public companies across sectors including energy, real estate, technology, distilling, and B2B SaaS. It employs an unconstrained, industry-agnostic approach with a portfolio exceeding 70 non-controlling investments, particularly in early-stage North American B2B SaaS, alongside real estate and alternative strategies. Notable for its long-term absolute return focus through macroeconomic and fundamental analysis.¹²⁶

History

Bluesky Equities was founded around 2004-2008 as a private investment firm in Calgary, led by figures including Derrick Hunter as President and CEO and Doug Hunter as Chairman. It has built a diversified portfolio with significant holdings in energy, real estate development, distilling, multi-family rentals, technology, and venture capital. Key activities include commitment to Ripple Ventures Fund II and expansion into early-stage B2B SaaS investments, maintaining an active presence in Canadian venture capital.⁴⁶¹

Notable Products

• Seed Stage B2B SaaS Investments - Non-controlling positions in over 70 early-stage North American B2B SaaS companies.
• Real Estate Portfolio - Investments in multifamily, office, and seniors care properties partnering with operators.
• Energy Holdings - Significant positions in energy sector companies.
• Ripple Ventures Fund II Commitment - Fund commitment supporting venture investments.

Reputation

Bluesky Equities is recognized among investors for its active role in Canadian early-stage venture capital, particularly B2B SaaS, with a hands-off approach to non-controlling stakes. Professionals note its diversification across public/private markets and real estate as a strength for absolute returns. Limited public commentary exists, with no prominent criticisms identified in available profiles.³⁵⁶