Bridging Finance Inc.
| Industry | Financial services |
|---|---|
| Fate | in receivership with PricewaterhouseCoopers LLP the court-appointed receiver |
| Headquarters | Toronto, Ontario , |
Key people | David Sharpe, Natasha Sharpe, Andrew Mushore, Gary Ng, and Sean McCoshen |
| Products | private credit |
| Total assets | $2.1 billion CAD (2021) |
| Website | www |
Bridging Finance Inc. was a Canadian private lender based in Toronto, Ontario, Canada that was placed in receivership by the Ontario Court of Justice following an investigation by the Ontario Securities Commission (OSC). Investors in the firm's funds are expected to lose approximately 58-66% of their capital. That is one of the "largest collapses of an investment fund in Canadian history." In 2023, the Ontario Securities Commission (OSC) alleged that former CEO David Sharpe, former Chief Investment Officer Natasha Sharpe and former Chief Compliance Officer, Andrew Mushore "committed fraud, misappropriated funds, made misleading and untrue statements and misled investigators." On October 29th 2024, the Ontario Securities Commission Tribunal ruled that Bridging Finance executives David and Natasha Sharpe committed fraud, and that Andrew Mushore "indirectly participated" in the fraudulent activities.