About Canopy
Canopy's Approach
Canopy aims to provide long-term, customized support to investment advisers and funds by serving as an extension of an adviser's in-house compliance team. Canopy invests its own time and resources on the front end to get to know each potential client's business and the unique challenges they face. Investing the time prior to establishing a formal relationship minimizes surprises and disappointment for all parties involved. Canopy believes you should know exactly who you are hiring to do the work when you engage a consultant, including both their strengths and weaknesses. Canopy is not looking to obtain a large number of clients. The intent is to maintain a handful of long-term relationships where Canopy can provide meaningful and lasting value to adviser and fund CCOs and their teams, allowing them to better serve as a resource for their business while minimizing regulatory risk. Specializing in interval funds, Canopy's founder has extensive experience with all aspects of 40 Act fund board operations and offers board support services as well. Canopy believes the best compliance programs require the ownership that comes with an in-house CCO. However, a CCO doesn't need to do it all and can't possibly be expected to know it all. Canopy seeks to fill the gaps and elevate the CCO and the compliance culture at their firm.
Canopy's Founder
Steve Andersen founded Canopy Compliance in 2023 and handles all consulting engagements. Prior to founding Canopy, Steve spent 20 years in senior compliance roles at industry leading firms. Most recently, he spent five years as the Chief Compliance Officer of Versus Capital Advisors and its pioneering closed-end interval funds. Steve also served as the Secretary of the Versus Funds and was Versus' Chief Risk Officer from 2022-2023 and its Chief Operating Officer from 2018-2022. Prior to joining Versus in 2018, Steve spent 15 years in senior compliance roles at Janus Henderson Investors and Intech Investment Management, leading teams responsible for supporting and monitoring the investment and trading departments and developing policies and procedures necessary to ensure adherence to global regulations, including the Investment Advisers Act of 1940 and the Investment Company Act of 1940. Steve has an M.B.A. from the University of Kansas and a B.S. in Business Administration from the University of Nebraska and has earned the Certified Securities Compliance Professional (CSCP) designation. Steve lives in Denver, Colorado with his wife and two children.