People

John F Driscoll Chairman

John Driscoll is the Chairman of FAX Capital, a position he has held since acquiring the business in 2018. Mr. Driscoll also serves as Chairman of Federated Capital, a private single family office.

Prior to his current role, Mr. Driscoll was the founding chair and a director of Sentry Investments, a leading independent Canadian investment firm which grew in assets under management to approximately $19 billion from 1997 to 2017. In 2017, Sentry was acquired by CI Financial Corp. for $780 million.

Mr. Driscoll also founded and was the chairman of NCE Resources Group from 1984 to 2007, a company which focussed on drilling and development of oil and gas properties and resource investing. He was the founder and chairman of Petrofund Energy Trust, an oil and gas acquisition entity, from 1988 to 2006. In 2006, Petrofund Energy Trust was sold to PennWest Energy Trust for $3.7 billion, creating the largest energy trust in North America at the time with an enterprise value of approximately $11 billion.

Mr. Driscoll was the chairman of Inter Pipeline from 2002 through to 2013 when he retired from the board of directors. Inter Pipeline is a major petroleum transportation, natural gas liquids extraction and bulk liquid storage business based in Calgary with operations in Western Canada and Europe. Mr. Driscoll indirectly acquired control of Inter Pipeline when its enterprise value was approximately $700 million. By 2013, under his leadership and guidance, the company had grown to an enterprise value of approximately $12 billion.

Mr. Driscoll was the founder of both Allied Oil & Gas Corp. and Endev Energy Inc., holding the position of chair from 1999 to 2001 and from 2002 to 2008, respectively. After building both companies, Allied Oil & Gas Corp. was sold to the City of Medicine Hat and Endev Energy Inc. was sold to PennWest Energy Trust. He was the founder  and chairman of C.A. Bancorp Inc., a private equity company focused on the acquisition of mid-cap industrials, from 2005 to 2011. He was the founder and chairman of Charter Real Estate Investment Trust, which specialized in the acquisition of shopping centres, from 2007 to 2010. He also has founded numerous public limited partnerships as well as public and private energy and investment-related companies. During his career, Mr. Driscoll raised over $30 billion in Canadian capital markets for enterprises he controlled.

Mr. Driscoll received his Bachelor of Science degree from the Boston College Business School and attended the New York Institute of Finance for advanced business studies.


He is a member of the CFA Institute and also attained the professional manager designation with the Canadian Institute of Management.