New Company President


January 31, 2022 

Rally Assets is pleased to announce a change to its senior leadership team. Kelly Gauthier has been appointed President of the company, effective February 1, 2022. She was formerly Managing Director and Partner. Upkar Arora will remain Chief Executive Officer and Marc Foran will remain Chief Investment Officer.

“Kelly has demonstrated exceptional leadership within the firm and outside of the firm,” says Upkar. “Over her 10 years at Rally she has been instrumental in building the company to become the premier impact investment management and advisory firm in the country. This change enhances Kelly’s responsibilities, allowing her to apply her vast expertise in impact investing, her knowledge of the sector and her highly capable management skills in leading the organization.”

“I am excited to strengthen Rally and grow impact investing in Canada,” says Kelly. “I am grateful to be uplifted by a team and clients who believe that capital can and must be used to create better outcomes for people and the planet.”

“I’m really looking forward to working with Kelly in this new role,” says Marc. “As the world transitions towards impact investing as the new normal, we need leadership that can challenge traditional ways of investing. In Kelly, we have someone who brings the insights and perspectives necessary to lead the charge.”

The change has been driven in part by Rally’s evolution from an advisory-only firm to an investment management and advisory firm. Rally has launched two funds, taken on many new clients and grown its AUM; the size, scale and complexity of the firm has increased significantly. In addition, the external environment is changing rapidly and more foundations, family offices, high net worth individuals and institutional investors, and their respective boards and staff, are needing guidance on how to best invest their capital to deliver impact and returns. This new leadership structure allows Rally to continue to invest in important strategic relationships that position them for the long term while staying focused on serving current clients well.

“These changes enable our leadership team to focus on our areas of strength. As a result, we’re all in a stronger position to identify and seize opportunities for growing the company and creating more positive systems-level change,” says Upkar.