David Heden
Founder & CEO

David Heden is a Chartered Investment Manager with 25 years of experience in Canada’s alternative investment industry.

He began his career at K2 and Associates Investment Management in 1998, specializing in merger arbitrage. Over 13 years, he rose to Managing Director, leading the firm's distressed debt and mezzanine lending practices. In 2012, he founded Heden Gibbons Capital (HGC Investment Management), serving as Chief Investment Officer, CEO, and Portfolio Manager. Under his leadership, HGC became a recognized leader in SPAC and Merger Arbitrage, managing over $1 billion and earning AIMA’s “Best Overall Canadian Hedge Fund” in 2023, among other awards. David remains a significant shareholder and director of HGC.

In 2020, David founded 5D Ventures, merging his expertise and resources with philanthropy and impact investing. With an initial $50 million personal commitment, 5D Ventures pioneers Venture Philanthropy, funding initiatives in immersive wellness, longevity, regenerative farming, and Indigenous healing practices. Its first fund, the $15 million Progression of Consciousness Fund, supports startups aligned with David’s personal healing journey.

An experienced board director, David has held leadership roles across public and private companies. He splits his time between Toronto, where he is an engaged father, and Nosara, Costa Rica, where he founded the Mama Montana permaculture community. His personal interests include Kundalini Yoga, Transcendental Meditation, and Vedic studies.