Sprott

Sprott

The in-house legal team at Sprott, a major Canadian asset management company specialising in gold, silver and other precious metal financing, is led by senior managing director, general counsel and corporate secretary Arthur Einav. The team is comprised of six outstanding lawyers, and in recent years, the firm has made the addition of two compliance attorneys to assist with increasing US, Canadian and cross-border regulations for the firm. In the last two years the team has helped the firm expand and break new ground in the Canadian mining investment industry through two trust takeovers. These were the acquisition of Central Gold Trust through a hostile takeover by Sprott Physical Gold Trust, and the firm’s acquisition of Central Fund of Canada and its conversion to Sprott Physical Gold and Silver Trust, which added over C$4bn in assets under management to the firm. A hostile takeover by a trust had never been attempted before in Canada and demonstrates the calibre of the team’s achievements. On the team’s work ethic, Einav highlights that it is a ‘collaborative, nimble and a high performance team’, adding, ‘the team works closely together and individuals are allowed to develop skills and reach potential by taking on increasing greater levels of responsibility’.