WAISC

Speakers 2010

KEYNOTE SPEAKER
Harry Markopolos
The Madoff Whistleblower

 

 

Harry Markopolos realized that Bernard Madoff’s investment strategy was an obvious fraud within five minutes, and spent the next nine years trying in vain to alert the Securities and Exchange Commission. His recently released book, No One Would Listen, details the ten-year quest Markopolos and his team undertook to prevent the biggest financial disaster of the 21st century. Publisher’s Weekly has called it “an astonishing true-life whodunit set amidst the personalities, plots, and international intrigue of Wall Street.” Since the Madoff scandal broke, Markopolos has dedicated himself to becoming the world's most visible and shrewd whistleblower on fraud and conflicts of interest in financial markets. No One Would Listen has already become a New York Times bestseller, and Markopolos has shared his insights on such prominent media outlets as The Today Show, 60 Minutes, CNN and The Daily Show, as well as in major print publications including The Wall Street Journal and The New York Times. A 17-year veteran of the Army Reserve and National Guard, where he achieved the rank of Major, Markopolos earned his Chartered Financial Analysts designation in 1996 and his Certified Fraud Examiner’s designation in 2008. He served as President and CEO of the 4,000 member Boston Security Analysts Society from 2002-2003. Markopolos has also held board seats on the Boston Chapters of both the Global Association of Risk Professionals and QWAFAFEW, a quantitative finance lecture group. An assistant portfolio manager for Darien Capital Management in Greenwich, CT for three years, he left to become an equity derivatives portfolio manager at Rampart Investment Management Company, Inc. in Boston. Markopolos was promoted to Chief Investment Officer in 2002 but decided to leave the industry in August 2004 to pursue fraud investigations fulltime against Fortune 500 companies in the financial services and healthcare industries. He brings fraud cases to the US Department of Justice and the Internal Revenue Service under existing whistleblower bounty programs. The Madoff investigation was his first fraud case. He’s been hooked ever since.
Larry McDonald

 

 

Lawrence G. McDonald co-wrote “A Colossal Failure of Common Sense - the Inside Story of the Collapse of Lehman Brothers”.
Published by Random House in July 2009, it hit the New York Times bestseller list in its first week. It is now one of the bestselling business books in the world, translated into 12 different languages. Mr. McDonald is a Managing Director at Pangea Capital Management LP, based in New York City.
From July 2004 through September 2008, Mr. McDonald was a Vice President of Distressed Debt and Convertible Securities Trading at Lehman Brothers. He ran an extremely successful joint venture between the firm’s fixed income and equity divisions. He was the most profitable trader on the convertible securities department 2006 and 2007.
In early 2006, Mr. McDonald was part of a faction that called the subprime crisis, then he made over $46 million for the firm during its implosion. Mr. McDonald was highly regarded as one of the most consistently profitable traders at Lehman with over $83 million in trading profits during his time with the firm.
More interestingly, Mr. McDonald was an integral part of a faction within Lehman Brothers that passionately tried in vain to stop the firm from heading down the road to destruction. Likewise, he also worked closely with Lehman’s credit derivatives team and saw first-hand the design and construction of what Warren Buffett termed as “Wall Street’s financial weapons of mass destruction.”
Prior to Lehman Brother, Mr. McDonald was Co-Founder of Convertbond.com, a website coined by Forbes Magazine as “Best of the Web” from 2000-2003, and was noted as the Internet’s premier source for convertible securities information, valuation and news. In October 1999, before the dot-com crash, the site was successfully sold to Morgan Stanley and remains the property of the firm.
FEATURED SPEAKER
Richard Bookstaber

 

 

Richard Bookstaber is a Wall Street insider and outspoken critic of many of today’s financial practices who predicted the current economic meltdown. He was recently named a senior advisor to the SEC.
Mr. Bookstaber recently worked at Bridgewater Associates, the world’s largest hedge fund, and before that ran the Quantitative Equity Fund at FrontPoint Partners. He was in charge of risk management at Moore Capital Management, another hedge fund with over $10 billion in assets. He served as the managing director in charge of firm-wide risk management at Salomon Brothers and was a member of Salomon's powerful Risk Management Committee. He also spent ten years at Morgan Stanley, first designing and marketing derivative instruments, then as a proprietary trader, and concluding his tenure there as Morgan Stanley's first market risk manager.
Called "one of Wall Street's rocket scientists" by The New York Times, Mr. Bookstaber is the author of A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation, a book that pinpointed the market weaknesses that spun out of control to create today’s financial crisis. A Demon of Our Own Design ranked number one on Amazon in finance and was selected as a finalist for the prestigious Loeb Award.
He was named to this year’s Conde Nast Portfolio list of top 25 technical innovators, joining the ranks of Steve Jobs, Jeff Bezos, Jeffrey Katzenberg and Eric Schmid, and he has testified in the House and Senate, calling for greater transparency and improved regulation for Wall Street long before it was fashionable.

 

SPEAKING FACULTY
Jon Aikman Alternative Investment Counsel, J.S.Aikman
Barry Allan Founding Partner, Marret Asset Management Inc.
Daniel Amir Vice President, Alternative Investment Services, BNY Mellon
Charles Blitzer Senior Advisor, International Finance Corporation
Pat Bolland Senior Counsel, Veritas Communications
Pat Chiefalo Director, Derivatives & Structured Products Research, National Bank Financial
Martyn Crowder President, First Mark Investment
Joseph DiCenso Financial Sector Economist, Monetary and Capital Markets Department, IMF
Jason Donville Founder, Donville Kent Asset Management
Daniel Dorenbush Partner, Merlin Securities; Chief Executive Officer, Merlin Canada Ltd.
Philip Doyle Portfolio Manager and Chief Compliance Officer, Artemis Investment Management
Basil D'Souza Director of Business Development, Auspice Capital Advisors
Andrew Edgington, Senior Executive, ICG Management Ltd.
Harry Figov CFA Instructor, Teacher and Lecturer
Peter Figura Vice President, Business Development, Centurion Apartment REIT
Christopher Foster CEO and Chief Investment Officer, Blackheath Fund Management Inc.
John Gabriel ETF Strategist, Morningstar, Inc.
Marsha P. Gerhart Counsel, Borden Ladner Gervais LLP
Frank Gesuale Investment Tax Consultant
David M. Gilkes Vice President of Sutton Boyce Gilkes Regulatory Consulting Group Inc.
Alison Graham Chief Investment Officer, Voltan Capital Management
Beat J. Guldimann Founder, Tribeca Consulting Group
Ric Harris Capital Partner, Ground Floor Capital
Jerome Hass Partner, Lightwater Partners Ltd.
Peter Hayes National Director, Canadian Alternative Investment Practice, KPMG LLP
JoAnne Halpern Head of Institutional Sales, Venator Capital Management Ltd.
Andrea Horan Founder, Agilith Capital
Bryn Joynt Principal, Silvercreek Management Inc.
Beth Kaiser Director, Investment Performance Standards, CFA Institute
Tammer Kamel Partner, The Iluka Consulting Group
Kripa Kapadia Associate Director - Prime Brokerage Sales & Capital Introduction, Scotia Capital
David Kaufman President, Westcourt Capital Corporation
Ron Kosonic Partner, Borden Ladner Gervais LLP
Alfred Lee Investment Strategist, BMO ETFs & Global Structured Investments
Rob Lemon Vice President, National Bank Financial
Michael J. Levas , Founder, Chief Investment Officer, Olympian Group of Investment Management Companies
James Loewen Partner, National Director, Canadian Asset Management Practice, KPMG LLP
James McGovern Managing Director & CEO, Arrow Hedge Partners
Jean Michaud Managing Director, Senior Commodity Strategist, Jefferies Assets Management, LLC.
Ryan Morris Managing Partner and Founder, Meson Capital Partners
John Paul Moscarella Senior Managing Director, Emerging Energy & Environment, LLC
David Munro Research Analyst, Dundee Wealth
John Neate Lead Manager of Mezzanine Team, VG Partners
Michael Newallo Managing Director, Securities Finance, National Bank Financial
Steve Palmer Founding Partner and Chief Investment Officer, AlphaNorth Asset Management
Ian Pember Senior VP, Administration and Compliance, Hillsdale Investment Management Inc.
Ingrid Pierce Partner and Head of Cayman Hedge Fund Group, Walkers
Brian L. Prill Partner, McLean & Kerr LLP
Mark Purdy Chair of the Investment Committee, Arrow Hedge Partners Inc.
Richard Rowella Senior Vice President, RD Legal Capital
Jason Russell Chief Investment Officer, Acorn Global Investments
Avery Shenfeld Chief Economist, CIBC World Markets Inc.
Faran Siddiqui Portfolio Manager, Summerwood Capital Corp.
Gregory J. Smith Managing Partner, Brookfield Financial
Marianne K. Smythe Retired Partner, Wilmer Cutler Pickering Hale and Dorr
Daniel Sonshine Partner, TorQuest Partners
Adam Spears Principal, Anson Group
Colin Stewart Portfolio Manager and Co-Founder, JCClark
Toreigh N. Stuart Chief Executive Officer, Man Investments Canada Corp.
Keith Summers Portfolio Manager, Tricoastal Capital Management
Edward Vallar Director of Investments and Research, GM Advisory Group
Michael Yhip President and Chief Investment Officer, Garrison Hill Capital Management Inc.
John Youn Director, BMO Asset Management

 

Jon Aikman
Jon was Vice-President and Counsel for Citigroup Global Markets during the financial crisis. Jon completed a book on prime brokers and hedge funds entitled "When Prime Brokers Fail: The Unheeded Risks to Hedge Funds, Banks and the Financial Industry" published by Bloomberg Press/John Wiley in July 2010.

Jon is a qualified lawyer in Canada and England. He received an MBA from the University of Oxford and was awarded the Roland Berger Award for Entrepreneurship. Jon was made a Fellow of the Royal Society of Arts, Commerce and Manufacturing for his work in entrepreneurship Jon has international experience in investment banking and alternative investments, advising and negotiating with and for governments, investment banks, private equity firms, hedge funds, MNCs, and both institutional and private investors. He is also a lecturer in finance at the University of Toronto, Rotman School of Management.
Barry Allan
Barry Allan is the founding partner of Marret Asset Management Inc. He has over 25 years of investment experience and has successfully operated in virtually all areas of the fixed income arena. Prior to founding Marret, Barry spent six years with Altamira Management where he managed a wide variety of fixed income mandates and held secondary responsibilities on several equity and balanced mandates. He was also responsible for internal risk management and oversaw the hedging activities for the company’s Balance Sheet. During this period he was the lead manager of the Altamira High Yield Bond Fund, co-manager of the Balanced and Growth and Income Funds, and Lead Manager of the Global Bond and Global Short-Term Income Funds. Barry also managed several institutional mandates with alternative investment strategies (swing funds shifting between Canadian and Global bonds, Hedge Fund being long and short Global Bonds and Currencies, Commodity Derivatives in equity portfolios, bonds with embedded options to gain convexity). Barry has an undergraduate degree from the University of British Columbia and an MBA from the University of Arizona.
Daniel Amir
Daniel is on the business development team in Alternative Investment Services at BNY Mellon and is responsible for developing and growing new business relationships for our private equity and hedge fund administration services. As part of this role, he was an author of BNY Mellon’s Thought Leadership White Paper, “Private Equity Faces the Future: Candid Views from the Market” and worked on other strategic projects including the white paper, “The Hedge Fund of Tomorrow: Building an Enduring Firm.”
Prior to joining BNY Mellon in June 2006, he was part of the Marketing and Structuring Team at Paradigm Global Advisors, a fund of hedge funds in New York City.
Daniel holds a Bachelor of Business Administration from The George Washington University in Washington, DC. He is also a chairperson of the Brighter Futures Society, a group that raises funds and awareness for people with disabilities through the YAI Network.
Charles Blitzer
Charles Blitzer recently joined the International Finance Corporation as a Senior Advisor working principally on financial sector investments. From 2001 until assuming his position at the IFC, he was Assistant Director of the Monetary and Capital Markets Department at the International Monetary Fund where he was a senior member of the team dealing with financial markets and global financial stability. From 1996-2000, Mr. Blitzer was a Managing Director and Chief International Economist for Donaldson, Lufkin & Jenrette, based in London. Mr. Blitzer worked for the World Bank 1989-96 first covering financial and trade issues in Latin America and beginning in 1992 as the first Chief Economist of the Bank’s Moscow Office. His earlier positions include being a research fellow at the Massachusetts Institute of Technology and a Senior Advisor in the US Department of State. Mr. Blitzer received his Ph.D. in economics from Stanford University in 1971.
Pat Bolland
Pat is Senior Counsel at Veritas Communications advising on media training, crisis management and public and investor relations. Pat recently left his hosting duties at BNN; the leading source of business television programming in Canada. Pat is a Queen’s University graduate with a BPHE/BA(Mathematics). Pat worked his way up in the investment industry from floor clerk on the Toronto Stock Exchange to Vice President of Equity Trading with a firm in the top tier of the industry in Canada. Pat then moved into broadcasting and became a leading business figure in Canada on TV and radio and included a stint at CNBC in the USA before returning to his roots in Canada.
Pat Chiefalo
Pat has 11 years of experience in the investment dealer industry on both the sell-side and buy-side as a research analyst and in derivatives.
He began his career as a research associate at Scotia Capital and Merrill Lynch before becoming a senior analyst responsible for covering technology and industrial product companies. From 2007 to 2009 Pat led the effort to grow out Merrill Lynch’s equity derivatives business in Canada achieving exceptional performance.
He has a BASc (Engineering degree) from the University of Toronto, an MBA from the Schulich School of Business and is a CFA charter holder.
Martyn Crowder
Martyn Crowder has been in the financial business for the past 25 years having raised over 100 million dollars for various land development projects and mortgage investments.
Mr. Crowder owned and operated his own Commodity Trading Company for 10 years.
Mr. Crowder, opened the Edmonton office for a large M I C company, and more recently started his own company offering clients varied investment opportunities from the exempt market arena.
Mr. Crowder passed his Canadian securities course in 1985.
Joseph DiCenso
Joseph DiCenso is a financial sector economist in the Monetary and Capital Markets Department at the IMF. He previously spent ten years on Wall Street as a senior vice president in fixed income research at Lehman Brothers and then Barclays Capital, where his responsibilities included developing global asset allocation and macro strategies. During that time, his team was consistently #1 ranked by Institutional Investor magazine for global fixed income portfolio strategy.
Mr. DiCenso served on the board of directors for the Fixed Income Analysts Society, Inc., and is a member of the New York Society of Security Analysts and the Society of Quantitative Analysts.
Mr. DiCenso graduated magna cum laude from Georgetown University’s School of Foreign Service and has a master’s degree in economics from the University of Pennsylvania. He has also earned the Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) designations.
Jason Donville
Jason has had an illustrious career as an award-winning analyst in both Canada and Asia. Prior to founding Donville Kent Asset Management, Mr. Donville was consistently ranked as one of the top financial services analysts in Canada.
In 2004 and 2005, Mr. Donville was ranked in all three financial services research categories (banks, insurance and diversified financial services) in the annual Brendan Woods surveys.
Mr. Donville was also recognized as the Top Stock Picker in Diversified Financial Services in the 2004 and 2005 National Post/Starmine surveys. In addition, Donville Kent’s flagship fund, the DKAM Capital Ideas Fund, was awarded Best New Fund in Canada at the 2009 Canadian Hedge Fund awards.
Daniel Dorenbush
Daniel is currently a Partner at Merlin Securities and Chief Executive Officer of Merlin Canada Ltd. Merlin Securities is a leading mid Prime Brokerage services and technology provider.
Prior to Merlin, Daniel was a Managing Director at RBC Capital Markets, where he joined in 1999 and soon became one of the youngest M.D.’s in the Firm’s history. He served as Global Head of Prime Brokerage in Toronto and later, relocated to New York as Global Head of Strategic Sales & Relationship Management across six business lines, including Electronic Trading, Professional Trading, Futures Trading, Prime Brokerage, Soft Dollar Services and RBC’s Hedge Fund-of-Funds.
Daniel is involved with several community organizations including Hedge Funds Care Canada and McGill University.
He has completed a MBA in Finance at McGill University, an Honors Degree in Economics at the University of Toronto and is a CFA Charterholder.
Philip Doyle
Mr. Doyle is the Portfolio Manager and Chief Compliance Officer at Artemis Investment Management. He has been actively involved in the financial services industry including portfolio construction, investment manager selection and product development for over 10 years, including 6 years with the wealth management groups of Citigroup and CIBC.
Prior to that, Mr. Doyle worked in the financial services practice of The Boston Consulting Group.
Mr. Doyle is a CFA charter holder and former Rhodes Scholar holding degrees in social sciences and economics from the universities of Toronto and Oxford.
Basil D'Souza
Basil leads Auspices institutional and retail sales initiatives. He has 10 years of industry experience with Claymore ETFs and TD Asset Management.
Through his career, Basil has worked with structured products, hedge funds and complex derivatives. Basil is a graduate of Concordia University from Montreal and he has been awarded the CFA charter.
Andrew Edgington
Andrew Edgington is a 25 year veteran of the global asset management and hedge fund industry. He is an acknowledged expert in the operational, legal and business aspects of structuring, distribution and management of alternative investment products. After spending over 20 years in London, Andrew has been based in the Cayman Islands for the past 3 years where he has been providing fiduciary consultancy and independent director services. Highlights of his extensive career include the establishment and operation of hedge fund platforms for major institutional investment management organisations including Gartmore and Baring Asset Management; the creation of one of the first UCITS hedge funds; product management and development of diverse international fund ranges involving all major offshore centres; and the operational oversight and governance of the full range of alternative investment approaches and fund structures.
Harry Figov
CFA Instructor, teacher and lecturer (Wilfred Laurier University; Goodman Institute of Investment Management, John Molson School of Business, Concordia University, Montreal).
Served as Instructor for the Advanced Business & Securities Valuation Course, administered by Atkinson College, York University for the Canadian Institute of Chartered Business Valuators (CICBV).
Chartered Business Valuator (CBV-Canada), Certified Public Accountant (CPA-USA), Certified Financial Planner (CFP), Chartered Financial Analyst (CFA) Chartered Accountant (Canada), M.B.A. - University of Cape Town, South Africa (Majors in Finance, Financial Modeling and Marketing), Chartered Accountant (South Africa), Bachelor of Science - Mathematics, Numerical Analysis and Computation.
Author of FIGOV NOTES, preparatory notes for CFA Level I, II, and III candidates. (www.figovnotes.com).
Mr. Figov has been a leader in financial education for over 20 years, serving as instructor and examiner.
Peter Figura
Peter has over 15 years of Financial Services industry experience. His management focus is the development and implementation of comprehensive wholesaling programs with an emphasis on their alignment with company business goals. Working with executive management groups, Peter has helped in the design, implementation and approval of several financial products that were brought to the market.
Peter’s investment career include roles of financial advisor with major Canadian full service investment dealers, senior manager of investment department with one of the major Ontario Credit Unions, Director of Investment Marketing with one of the independent financial advisory organizations, and VP Business Development with an independent investment services organization.
Peter has an MBA from the University of Toronto, and completed many of the industry required professional courses.
Peter is a regular business commentator on the news channel CP24, and a contributor to The Analyst, a publication of the Toronto CFA Society.
Christopher Foster
Christopher Foster, CIM, is the CEO and Chief Investment Officer of Blackheath Fund Management Inc., a Commodity Trading Manager which operates Blackheath Offshore Limited, Blackheath Futures Fund Inc. and handles individually managed accounts.
John Gabriel
John Gabriel is an ETF strategist for Morningstar, responsible for Canadian ETF research. Most recently he was an ETF analyst covering financial, healthcare, and consumer goods and services-related funds. He was previously an equity analyst for Morningstar, covering specialty retail companies, including home furnishing retailers, dollar stores, and office supply retailers. Gabriel joined Morningstar in January 2007.
Gabriel holds a bachelor’s degree in finance with highest honors from the University of Illinois at Chicago. Gabriel is a Level II candidate for the Chartered Financial Analyst (CFA) designation.
Marsha P. Gerhart
Marsha Gerhart is Counsel at Borden Ladner Gervais LLP. She received her Bachelor of Commerce degree from Queen’s University and Bachelor of Laws degree from Osgoode Hall Law School. Ms. Gerhart is part of the securities and capital markets group and her practice is focused primarily on securities compliance, registration and regulatory matters. She joined BLG in June 2008, after 9 years as a senior regulator, primarily in the area of registrant regulation, with the Ontario Securities Commission. During her time as a regulator, she was involved in interpreting and applying securities laws as well as participating in significant policy development at a provincial, national and international level. She lead the national registration reform project undertaken by the Canadian Securities Administration which was a project to modernize, harmonize and streamline the registration requirements across Canada under National Instrument 31-103. She is a regular speaker at conferences on compliance and registration matters affecting capital markets participants.
Frank Gesuale
Frank is an investment tax consultant in the financial services industry who's primary clients include a major insurer. He has worked in the investment area for the past 15 years in both public practice and industry and has been involved with strategic planning, structuring, tax reporting, regulatory compliance, process enhancement, sales and marketing of various investment vehicles including hedge funds, mutual funds, LPs, insurance segregated funds, off-shore entities and pension funds. Frank spent his earlier years with Coopers & Lybrand and PricewaterhouseCoopers before moving to industry and consulting.
In the wake of the global meltdown, Frank was engaged to complete an in-depth study to unravel the strategies and tax implications of some of the now-infamous off-shore structures and complex derivative securities sold by Wall Street firms, including CDOs. He continues to conduct research and present papers on cost-efficient investing amid a global shift to increasing taxes and regulations in this post-crisis era. Frank has authored several tax columns and participated in the development of the AIMA publication, "Guide to Sound Practices for the Disclosure and Promotion of Alternative Investments in Canada". Frank is a Certified General Accountant (CGA) and a member of the Canadian Tax Foundation.
David M. Gilkes
David is the Vice President of Sutton Boyce Gilkes Regulatory Consulting Group Inc. David has over 25 years of experience in regulating and investigating regulated firms and markets. Prior to SBG, he spent seven years as Manager, Registrant Regulation, with the Ontario Securities Commission where he oversaw the registration and conduct of more than 60,000 individuals and firms in Canada’s largest capital market.
He started his career in 1983 with the Government of Canada’s Competition Bureau conducting, and then leading, investigations under the Competition Act and rose to the position of Acting Director, Compliance Branch. In 1998, he joined Deloitte & Touche’s Investigative and Forensic Services group as Senior Manager, building their litigation support services practice.
David earned his B.A., honours, in Economics from McMaster University and his M.A. in Economics from Carleton University.
Alison Graham
Alison Graham is a principal of Voltan Capital Management and lead portfolio manager of the Voltan Frontier Markets Fund. Ms. Graham has over sixteen years’ experience in emerging and frontier markets finance. Until 1998, she was a partner and senior analyst for Latin American equities at the investment bank Caspian Securities. In 1998, she moved to Moscow, Russia to join United Financial Group where she was responsible for equity analysis and advisory on the restructuring of the Russian energy sector. Since 2000, Ms. Graham has managed Voltan's frontier markets advisory business including trading across the fund's universe of sixty countries. She holds a Master's degree from the University of California at Berkeley, is a Chartered Financial Analyst and is fluent in six languages.
Beat J. Guldimann
Beat Guldimann has 25 years of experience in global financial services. He holds a Doctorate in Law from the University of Basel, Switzerland and is a member of the Swiss Bar. Beat is the author of the book "Inside Swiss Banking: The Sudden and Seismic Transformation of a Global Financial Brand" which has been reviewed by various major media in Canada (National Post), Switzerland (Bilanz, finews) and the US (The Washington Post, The New York Times). His past roles in the financial sector include:
- legal counsel at Swiss Bank Corporation Head Office 1986-1996
- President & CEO of UBS Canada 1997-2001
- Head of Global Private Banking at CIBC 2001-2004
- Vice-Chairman at Hampton Securities Inc. 2005-2007
In the summer of 2007, Beat established Tribeca Consulting Group, a wealth management and governance consulting practice. TCG’s clients include various Canadian and international financial institutions as well as high net worth individuals.
Ric Harris
Mr. Harris is a capital partner with Ground Floor Capital and has over 30 years experience in business development, investing, marketing, coaching and executive management. Mr. Harris a professional trainer & speaker, coaching executives with companies like: Oracle Canada, Royal Bank of Canada, Canada Trust, Micron Electronics and YEO to name only a few. Mr. Harris holds a B of Ed degree from the University of Victoria.
Jerome Hass
Jerome has over 16 years experience in the financial industry. He joined Lightwater from Epic Capital Management in Toronto, one of Canada’s most prominent hedge funds. Previously, he was a Portfolio Manager and Head of International Equities at Montrusco Bolton Investments in Montreal, where he managed $450 million directly, co-managed large global funds, and oversaw $1 billion in private wealth. Mr. Hass also worked as a Portfolio Manager in London, England for Canada Life Assurance Company.
He started on the buy-side at Scottish Amicable Investment Managers in Scotland. Mr. Hass also worked as a sell-side Analyst with HSBC Investment Bank in Singapore and Malaysia. He began his career in Toronto as an Economist with the Ontario Government at the Ministry of Finance. He holds a Bachelor degree in Economics from the University of Western Ontario, a Master of Arts in Applied Economics from the University of Victoria as well as a Master of Science degree in Economics from the London School of Economics, and is a holder of the Chartered Financial Analyst ("CFA") designation.
Peter Hayes
Peter is an audit partner at KPMG and the national director of their Canadian alternative investments practice. His clients include Canadian, U.S. and international hedge funds, reporting issuer mutual funds and asset managers, and their service providers. Peter re-joined KPMG after spending several years developing and managing alternative investment products with Citigroup Alternative Investments in New York. Prior to this Peter was an audit manager in the alternative investment practice of KPMG in the Cayman Islands. Peter began his career with KPMG in Vancouver where he worked on client engagements in a variety of industries. Peter is actively involved in a variety of regulatory and professional initiatives related to the asset management industry and sits on the Legal and Finance Committee of the Alternative Investment Management Association (Canada Chapter) and is the Treasurer of the Canadian Securities Lending Association.
JoAnne Halpern
JoAnne joined Venator Capital Management Ltd. in July 2007, with her role as Managing Director encompassing operations, sales and marketing. JoAnne attained her MBA (Schulich) in 2001, while still immersed in her past career as a Mathematics educator (B.A. Math, Guelph 1996, B.Ed York, 1998). JoAnne has taught all levels and grades (including post-secondary), and was a teacher in the public system, the private system, and as a tutor to elite and Olympic-bound athletes.
Andrea Horan
Prior to helping found Agilith Capital, Andrea Horan was a founding partner at Genuity Capital Markets where, as a member of the Partners Committee and Director of Research, she built and managed a department of 15 analysts. She began as an equity analyst for Canadian investment dealers in 1994 providing coverage of companies in the media and communications sector and quickly received top honours with both Brendon Woods and Greenwich institutional investor surveys during her seven year tenure as media analyst at RBC Capital Markets. Ms. Horan went on to become a founding partner at Westwind Partners and headed the Research Department. She has been engaged to speak at a number of industry events, contributed to investment publications on the subject of media investments and provided expert advice to the CRTC and the Canadian Federal Government. She received her MBA from University of Toronto in 1994 and her CFA designation in 1996.
Bryn Joynt
Bryn is a principal of Silvercreek Management Inc. and is responsible for the operations of the business, including client service, accounting and risk management.
He is a Chartered Accountant with over 15 years experience including nearly five years with PricewaterhouseCoopers as well as several years in the banking and brokerage industries. Prior to joining Silvercreek, Bryn worked as the Controller and Business Manager for the Global Markets business at Deutsche Bank.
Bryn holds an Honours Bachelor of Commerce from Queen’s University and is a Chartered Accountant (C.A.).
Beth Kaiser
Beth Kaiser is a director of investment performance standards for CFA Institute. She maintains the Global Investment Performance Standards (GIPS) through management of the interpretations process, develops standards and guidance for new technical areas, and works extensively with volunteer committees.
Currently, Ms. Kaiser is founder and president of Kaiser Consulting Associates, Inc. working with institutional investors on performance measurement and GIPS-related matters. Previously, she worked for the Knight Foundation in Miami as manager of investment performance and risk analysis. Ms. Kaiser was employed by Montgomery Asset Management in San Francisco, where she was responsible for AIMR-PPS compliance and performance measurement for the firm. She also served as senior performance analyst with Franklin Templeton in Fort Lauderdale, Florida.
Tammer Kamel
Tammer Kamel is a partner at The Iluka Consulting Group where he advises institutions, funds and family offices on all aspects of hedge fund investing. Prior to founding Iluka in 2002, Tammer managed a $200 million fund of funds portfolio for Simplex Asset Management. From 1997 - 2000, he was director of risk management for Simplex's fixed income arbitrage fund. Tammer has conducted comprehensive due diligence on hundreds of hedge funds and researched thousands. He is an expert in hedge fund risk management and hedge fund strategies. He has written and lectured extensively on hedge fund issues. Educated as a computer engineer, he started his career in 1995 with Citibank analyzing interest rate derivatives.
Kripa Kapadia
Kripa Kapadia is responsible for Prime Brokerage Sales and Marketing in Canada and Head of Capital Introduction (Americas) for Scotia Capital. Based in Toronto, Kripa joined Scotia Capital Prime Brokerage in 2005 following the start of her career at Goldman Sachs International, London. Kripa’s international experience and strong investor relationships has been invaluable in strengthening Scotia’s Prime Brokerage and Capital Introduction platforms.
David Kaufman
David Kaufman, LL.B., is the president of Westcourt Capital Corporation (www.westcourtcapital.com), an Exempt Market Dealer operating in Toronto. Westcourt specializes in the distribution of conservative, income-producing alternative investments including private mortgage funds, REITs and asset-backed lending syndicates.
A non-practicing lawyer and former Executive Director of Magna Golf Club in Aurora, Ontario, David has more than 10 years experience in the real estate industry, having specialized in the creation and execution of residential development strategies for major Canadian developers.
David appears regularly on CBC's Lang & O'Leary exchange to discuss alternative investing and published a series on alternative investments with the Financial Post in 2010.
Ron Kosonic
Ron Kosonic is a Partner in the Toronto office of Borden Ladner Gervais LLP, practising in the firm’s Investment Management Group. His practise is focussed on the areas of domestic and offshore hedge funds, investment management companies, securities regulation and regulatory compliance. He assists portfolio managers in the creation of new hedge funds, mutual funds and other pooled fund products, advises Canadian issuers and foreign investors with respect to the private placement of securities, advises reporting issuers and investors with respect to continuous disclosure obligations, and represents and advises portfolio managers, dealers and investment fund managers on ongoing legal compliance matters and regulatory audits. Ron is a member of and the former Co-Chair of the Legal and Finance Sub-Committee of the Canadian Chapter of the Alternative Investment Management Association (AIMA), an international hedge fund organization based in London. He is a contributing author to both editions of the ISI Publication, ‘Starting a Hedge Fund – a Canadian Perspective’ and has written for hedge fund periodicals. He was a seminar instructor for Canadian Securities Institute’s Partners’, Directors’ and Senior Officers’ Qualifying Exam course and Branch Managers’ Qualifying Exam course. Ron is a frequent conference speaker on hedge fund structures, regulatory compliance and registrant audit and liability matters.
Alfred Lee
Alfred Lee, brings nine years of investment industry experience to BMO Asset Management. As a part of the BMO ETFs & Global Structured Investment Team, Alfred is responsible for Investment Strategy and Research. Prior to his role at BMO Asset Management, Alfred spent four years at a large Canadian-based brokerage, heading up Index/ETP Strategy and Research while concurrently providing daily coverage of commodities, foreign exchange and international markets (Europe and Asia) for the firm. In this role, he correctly recommended the rebound of China and commodity related investments coming out of the 2008-2009 crisis through the use of ETF's and ETPs. In addition, Alfred sat on an investment committee that managed two active strategies for the brokerage. Alfred holds a BA in economics and psychology from the University of Western Ontario and is a CFA charter holder.
Rob Lemon
Robert Lemon is a Vice President in the Institutional Equity Group at National Bank Financial. Robert heads the client service team for Prime Services; a fully integrated platform for hedge funds including prime brokerage, securities lending, electronic trading and structured products.
Prior to joining National Bank Financial, Mr. Lemon was the Director of Prime Brokerage at RBC Dexia Investor Services and Risk Manager with Royal Bank of Canada. Mr. Lemon holds an MBA from York University, and a Bachelor of Science (Engineering) degree from the University of Guelph. He also holds the CFA designation.
Michael J. Levas
Michael J. Levas has been in the investment management business for over twenty years and is the founder, chief investment officer and managing member of the Olympian Group of Investment Management Companies. Prior to Olympian, he was a VP and Portfolio Manager in the Private Client Group at Lehman Brothers Inc. Prior to that, he was a VP with SG Cowen, UBS PaineWebber and Bear Stearns where he managed in excess of $250 million in both institutional and retail portfolios.
Mr. Levas is the founder and managing member of Olympian Securities LLC, and is a licensed Series 24 general securities principal, Series 7 general securities representative, and a Series 65, 66 investment adviser representative with (FINRA). Mr. Levas is also the founder and principal of Olympian Futures LLC, an (NFA) registered introducing broker, and a licensed Series 3 associated person. Mr. Levas currently holds the Chartered Portfolio Manager (CPM) designation from the American Academy of Financial Management. Mr. Levas completed investment management studies at Harvard Business School and additionally, Mr.Levas has completed the Hedge Fund Programme at The London Business School. He is a current member of the CFA society of South Florida, Securities Traders Association of Florida, and formerly served on the 2008/2009 board of directors of The Hedge Fund Association.
Mr. Levas is a frequent conference speaker and commentator on the financial markets and asset management industry, and has been featured in numerous publications, including BusinessWeek,Smart Money,Hedge Fund Manager Week, Absolute Return, Euromoney, International Securities Finance, Buy-Side Technology,Securities Industry News, Alternative Investment Review, Advanced Trading, Markets Media Magazine,Waters, Bloomberg and National Public Radio (NPR).
James Loewen
James Loewen is an audit partner with the Toronto financial services practice of KPMG and has over fifteen years experience in the investment management industry. James is the National Director of KPMG’s Investment Management and Funds Practice and sits on the firm’s global leadership team for asset management. James’ current clients include a number of alternative investment managers and domestic and off-shore funds, as well as several service providers. James is the Chair of the IFIC Accounting Advisory Committee and is a member of a CICA study group examining financial reporting by Canadian investment funds, including the transition to IFRS in 2011.
James McGovern
James McGovern - Managing Director & CEO Mr. McGovern founded Arrow Hedge Partners in 1999 after working for over thirteen years at BPI Financial Corporation (Canada) (“BPI”), the company of which he co-founded, and where he ultimately held the positions of President and Chief Executive Officer. Mr. McGovern was the founding Chairman (currently, Past Chairman) of the Canadian Chapter of the Alternative Investment Management Association (“AIMA”). He is actively involved in the international hedge fund community and has spoken at conferences in Canada and globally.
Mr. McGovern graduated from the University of Toronto with a Bachelor of Commerce and Finance degree in 1985. He also serves on the Board of Trustees of the Fraser Institute, an independent Canadian economic and social research and educational organization.
Jean Michaud
Jean Michaud is a Managing Director and Senior Commodity Strategist within the Commodity Division of Jefferies Assets Management, LLC. Prior to joining Jefferies, Mr. Michaud was Senior Portfolio Manager for Caisse de dépôt et placement du Québec where he managed a commodities portfolio of US$ 2.4 billion at its peak. Mr. Michaud’s prior work experience includes Enron Metals & Commodity where, in his capacity as Vice President and Head of Marketing for North America, he coordinated Enron Metals origination activities covering both physical metals and concentrates as well as LME products; Barclays, first as Senior Trader trading physical aluminum worldwide and later as Director for Barclays Capital Canada Inc.; and Alcan Aluminum Limited in Montreal mainly in metals trading. Mr. Michaud received his B.Sc.A and M. Sc.A in Engineering from Ecole Polytechnique in Montreal in 1976 and 1980, respectively and his M.B.A. from McGill University in 1983.
Ryan Morris
Ryan Morris is the Managing Partner and founded Meson Capital Partners in February 2009. Prior to founding Meson Capital Partners, Mr. Morris was co-founder & CEO of VideoNote, a small but profitable educational software company with customers including Cornell University and The World Bank. Mr. Morris has been investing his own capital since 1997 and has a Bachelors and Master’s degree in Operations Research & Information Engineering from Cornell University.
John Paul Moscarella
Mr. Moscarella is the Senior Managing Director for Fund I and Fund II, as well as a co-founder of Emerging Energy & Environment (EEE). Previously, in 1994, Mr. Moscarella was the co-founder of Econergy, a renewable energy and carbon developer, which traded on the AIM market of London from its initial public offering in February 2006, until November 2008, when it was sold to GDF Suez S.A. Econergy developed or acquired 260 MW (180 MW net) of renewable energy assets mainly in Latin America. Mr. Moscarella has founded or co-founded four companies, has been or is a board director for 11 companies and organizations, and is a pioneer in the field of clean technology investments and carbon credits, participating in the Rio Earth Summit in 1992. Mr. Moscarella has extensive experience in renewable energy development (most notably from 2006 to 2007, a 50 MW wind farm in Costa Rica and 150 MW hydropower company in Bolivia), and more traditional natural gas combined cycle and cogeneration projects (from 1991 to 1994, he led AES’ project development in Mexico), as well as biomass (1995 to 1997 in Brazil and India for sugar mill cogeneration projects), fuel cells (1997), wind energy (2003 to 2006 in Costa Rica and Mexico), and small hydroelectric projects (several countries, but recently Peru). He also has a successful track record of creating shareholder value in the field of sustainability (such as Econergy’s IPO and the sale of NEOgas). Since 2004, Mr. Moscarella has managed Fund I, a $25.2 million private equity fund dedicated to clean technologies in Latin America, and has proven capabilities at fundraising, origination, and closing. Mr. Moscarella originated Fund I’s concept with the lead limited partner and raised, as part of his work at Econergy, all the additional funding with institutional investors, mainly Latin American and European development banks, and is responsible for all its operations, including deal origination, financial and tax structuring, managing the deal closings, the exits, and all reporting. He has raised funds (debt and equity) directly for EEE, Econergy and other start-up companies, and from 1997 to 2003, raised capital and advised clients in the formation of several private equity funds or other specialized environmental funds, especially renewable energy and carbon funds (including the $180 million Prototype Carbon Fund, the first carbon fund ever launched by the World Bank), yielding over $500 million in total capital mobilization overall. A dual citizen (Mexico and the United States), he is fluent in five languages (English, Spanish, Italian, Portuguese, and French). He has an MBA from Yale University and a BS in Engineering from Cornell University.
David Munro
David Munro is a research analyst and ETF specialist for DundeeWealth’s Private Client Research Group. David joined DundeeWealth in 2007 as a key contributor to the build-out of the company’s retail research group, DundeeWealth Private Client Research. David was responsible for initiating coverage on the Canadian preferred share space as well as the North American exchange traded fund universe in which he publishes regular reports on ETF education and trading ideas. He is also a frequent contributor to a variety of market reports and presentations, including the Private Client Research Monthly Market Snapshot and Private Client Research Weekly Investment Call, where he provides updates on ongoing trends in the ETF space. In addition to his role in research, David serves as a member of DundeeWealth’s security risk review committee, for which he has been instrumental in developing the company’s current process for reviewing security risk. David received his Bachelor of Science from the University of Guelph in 2005 and his MBA from Wilfrid Laurier University’s School of Business and Economics in 2008.
John Neate
John, is currently the Lead Manager of the VG Partners Mezzanine Team, where he focuses on VenGrowth’s mezzanine debt financing practice, targeting established, cash-flow positive Canadian companies in the manufacturing and service sectors. In addition, John leads VG Partners’ mid-market buyout practice which looks to purchase majority control of profitable and growing mid-market businesses. John currently sits on the board of Great Lakes Fish Corporation, Party Packagers Inc., Roll-tite Corp., and Starburst Holdings Ltd.
efore VG Partners, he was a Director with Roynat Capital, where he originated, structured, and negotiated term mezzanine and equity investments. John has also held finance positions of increasing responsibility in commercial mid-market lending and trade finance with two Schedule I chartered banks.
Michael Newallo
Michael Newallo is a Managing Director in the Institutional Equities Group at National Bank Financial. Michael heads Prime Services; a fully integrated platform for hedge funds that includes prime brokerage, securities lending, electronic trading sales and derivatives sales to hedge funds clients.
Prior to joining National Bank Financial, Mr Newallo was the Executive Director of Prime Brokerage and Electronic Trading at CIBC World Markets and the Co-Head of Hedge Fund Services at RBC.
Mr. Newallo holds a Bachelor of Commerce degree from the University of Toronto. He also holds the CFA and CMA designations.
Steve Palmer
Steven Palmer is a founding partner and Chief Investment Officer of AlphaNorth Asset Management. Mr. Palmer has over 15 years investment experience and has a highly successful track record managing equity portfolios. Prior to founding AlphaNorth, Mr. Palmer spent 9 years as Vice President-Canadian Equities at one of the worlds largest financial institutions where he managed their Canadian equity assets of approximately $350 million. During this period he was manager of both the large and small cap equity strategies. The small cap strategy achieved a compound return of 35.8% over the 9 year period as compared to its benchmark, the BMO Weighted Small Cap Total Return Index, which returned 13.0%. The large cap strategy was first quartile in performance over the 1, 3, 5 and 10 year periods. Steven has earned a BA in Economics from the University of Western Ontario and is a Chartered Financial Analyst.
Ian Pember
Ian Pember, B. Comm, C.A., Senior Vice-President, Administration and Compliance, Partner. Mr. Pember is directly responsible for Finance, Administration and Operations. Prior to joining Hillsdale, Mr. Pember was President of a hedge fund manager in Toronto where he was responsible for all operational aspects of the company and its domestic and international hedge funds. Before that he spent 18 years in the banking industry with Citibank Canada and CIBC in various finance roles, primarily coordinating the reporting, planning and forecasting processes. Ian joined Hillsdale in May 2002.
Ingrid Pierce
Ingrid Pierce is a partner at Walkers and head of the Cayman Islands hedge fund practice.
Ingrid advises on all aspects of distressed funds. She routinely acts for major investment banks, investment managers and corporate trustees, advising on a variety of investment fund structures, including corporate hedge funds, partnerships and STAR trusts. She also has extensive experience in advising fund directors and other fiduciaries.
Ingrid regularly speaks on current issues affecting offshore hedge funds, in particular distressed funds. She is a member of the Legal Peer Advisory Council of 100 Women in Hedge Funds and a council member of the Society of Trust and Estate Practitioners (STEP Cayman).
Prior to joining Walkers, Ingrid developed a successful career as a Barrister in London.
Brian L. Prill
Brian L. Prill, Partner, McLean & Kerr LLP Brian L. Prill is a Partner at McLean & Kerr LLP in Toronto where he practices corporate and securities law. Brian's practice focuses on all areas of corporate finance and securities transactions, which includes registration reform, capital financing, mergers and acquisitions, general corporate matters and cross-border transactions. Mr. Prill is President of the Exempt Market Dealers Association of Canada and serves on the Board of Directors. He is also Corporate Secretary and a director Hudson River Minerals Ltd. and has served on the Board of Directors of several other corporations.
Mr. Prill was called to the Ontario Bar in 2002 and the New York Bar in 2003, and currently serves as a member of the Executive Boards of the Natural Resources Section and the Business Section of the Ontario Bar Association and as a member of the Securities Law Sub-Committee. He is also a member of the Institute of Corporate Directors.
Mr. Prill completed his BA (Political Science) and LL.B. in 2000, his MBA in 2001 and his LLM in corporate finance and securities law in 2009.
Mark Purdy
Mr. Purdy serves as Chair of the Investment Committee at Arrow Hedge Partners Inc. and has over 10 years experience in the investment industry. Mr. Purdy shares responsibility for the hedge fund manager selection and asset allocation process and has served on the Investment Committee at Arrow Hedge Partners since inception. Mr. Purdy held senior roles at BPI Financial Corporation and IBM Canada Ltd. Mr. Purdy graduated from the University of Toronto with a Bachelor of Commerce and Economics degree. He holds the CFA designation. Mr. Purdy is also actively involved in the Varsity Blues alumni fundraising projects at the University of Toronto and is on the Board of the Ireland Park Foundation.
Richard Rowella
Mr. Rowella joined RD Legal Funding in 2008 and is responsible for identifying, cultivating and maintaining new and existing investor relationships. He manages the calling efforts of a team of Associates responsible for introducing the investment strategy to investors. He has over 27 years of direct lending experience in a wide variety asset classes. Prior to joining RD Legal Capital he was a Director of a $1 billion alternative investment firm responsible for underwriting $100 million in ABL investments. Mr. Rowella started his career in commercial finance with GE Capital in 1982 and has held positions with increasing responsibility in credit and sales. During his career Mr. Rowella has been responsible for the origination and underwriting of large ticket equipment leasing transactions, franchise finance loans, Asset Based Lending loans( middle market $5 million to $50,000,000 facility amount), subprime auto loan portfolio purchase, and lending to specialty finance lenders (factoring and energy finance).
Mr. Rowella has a B.A. from DePauw University.
Jason Russell
As founder of Acorn Global Investments, Jason Russell serves as the firm’s Chief Investment Officer. Jason is a veteran portfolio manager who brings more than 19 years of industry and alternative investment management experience to the firm. Previous experience included roles at Bankers Trust, Merrill Lynch, CIBC, and Salida Capital where he was the portfolio manager for its Global Macro Hedge Fund. He has considerable expertise and experience in systematic trading and research and was highlighted as a systematic trading professional in the book titled Trend Following by Michael Covel. He also collaborates closely with several distinguished traders and founded two research groups focusing on system development and trading psychology. Jason is a member of the CFA Institute and the Toronto Society of Financial Analysts.
Avery Shenfeld
Avery Shenfeld is Chief Economist of CIBC World Markets Inc. He has been with the CIBC since 1993 and is widely recognized as one of Canada’s leading economists for his perceptive analysis and insight on North American economic developments and their implications for financial markets. Mr. Shenfeld is a two-time winner of the Dow Jones Market Watch’s forecasting award and Bloomberg Markets has named Mr. Shenfeld among the top forecasters of the U.S. economy. Mr. Shenfeld has also been consistently ranked as one of the top Canadian economists by fixed income investors.
Prior to joining CIBC in 1993, he spent seven years in management consulting and was on the economics faculty at the University of Toronto and in the summer program at Harvard's John F. Kennedy School of Government.
Mr. Shenfeld holds a PhD in Economics from Harvard University.
Faran Siddiqui
Faran Siddiqui is a Portfolio Manager with Summerwood Capital Corp. From January 2003 to October 2007, he worked as a Trading Strategist for Polar Securities Inc., a Toronto based multi-strategy hedge fund manager.
From March 2000 to December 2002, Faran worked as a specialist in the areas of Risk Management and algorithmic trading systems for a variety of firms including TD Canada Trust, CIBC, and Polar Securities Inc.
From September 1996 to March 2000, Faran worked as the Treasury Risk Position Manager for Canada Trust. Prior to September 1996, he worked at the Asset/Liability Management Group in various roles, the latest as a Portfolio Manager and the Systems Manager.
Gregory J. Smith
Gregory Smith is currently the Managing Partner of Brookfield Financial’s Global Infrastructure, Power & Utility practise. Prior to joining Brookfield Financial, Gregory was President of Macquarie Capital Funds Canada Ltd. from 2003 to 2009. He also served as President and Chief Executive Officer of Macquarie Power & Infrastructure Income Fund, which is listed on the Toronto Stock Exchange, and was Chief Executive Officer of Macquarie Essential Assets Partnership, Canada’s first infrastructure fund. Prior to Macquarie, Mr. Smith was Managing Director of RBC Capital Partners – Mezzanine Fund which provided growth capital to businesses across North America. Mr. Smith was also the Chief Financial Officer of the Saskatchewan Government Growth Fund Management Corporation which managed over $250 million of capital under the federal government’s Immigrant Investor Program and invested in start-up and expansion companies located in Saskatchewan.
Gregory currently serves as the elected President of Canada’s Venture Capital & Private Equity Association (“CVCA”), an industry association founded in 1974 that represents Canada’s venture capital and private equity industry. A CVCA member since 1994, Executive Committee from 2005 and now leading the CVCA with over 1,900 members engaged in venture capital and buyout activity who collectively manage over $85 billion.
Marianne K. Smythe
Before joining WilmerHale in May 1993, Ms. Smythe served as the Director of the Division of Investment Management of the Securities and Exchange Commission (SEC). This division is responsible for regulating investment companies, investment advisers, and public utility holding companies, as well as for regulating certain insurance products. Ms. Smythe had previously served as Executive Assistant to SEC Chairman Richard C. Breeden. She had also served as Associate Director of the Division of Investment Management and as an Assistant Director in the Division of Market Regulation.
Ms. Smythe has advised and represented financial services firms on investment company, investment adviser, and broker-dealer regulatory issues, and other matters involving investment and financial products. She is a frequent public speaker, and has also served as an expert witness on a number of occasions.
Daniel Sonshine
Daniel Sonshine is a Partner at TorQuest Partners, a Canadian mid-market private equity firm that has over $700 million under management. Since joining TorQuest in 2004, Mr. Sonshine has played a critical role in TorQuest’s investment in GCAN Insurance Company, DayMen Lowepro, Herbal Magic and Associated Brands. From 2001 to 2004, Mr. Sonshine worked at CIBC Capital Partners, the principal investing arm of the Canadian Imperial Bank of Commerce. Mr. Sonshine was involved in various private equity and subordinated debt transactions, including investments in GCAN Insurance Company, Accor Casinos, and Bell ActiMedia (Yellow Pages). Prior to joining CIBCCP he worked at CIBC World Markets in both the Mergers and Acquisitions and Real Estate Investment Banking groups. Mr. Sonshine serves as a Director of Herbal Magic, Associated Brands, and formerly served as a Director of the GCAN Insurance Company. Mr. Sonshine is also active in the community where he sits on the Board of Directors of the Speech and Stuttering Institute, is Co-Chairman of the Toronto Jewish Chamber of Commerce and sits on the Baycrest Foundation’s Investment Committee. Mr. Sonshine graduated as the gold medalist from the combined J.D. / MBA program at the University of Toronto and received an A.B. (cum laude) in Economics from Harvard University.
Adam Spears
Adam Spears is a Principal with the Anson Group, having joined early in 2010. Prior to Anson, Adam worked at Canada's largest private equity firm, Onex Corporation, where he was a member of ONCAP Management Partners, a middle-market private equity fund focusing on buyouts of businesses between $50 and $300 million in size. Prior to Onex, Adam worked at Citigroup in the Investment Banking division, and was involved in numerous M&A and financing transactions. Adam earned an Honors Degree in Business Administration from the Richard Ivey School of Business at the University of Western Ontario. Adam is also a Member of the Chartered Financial Analyst (CFA) Institute and the Toronto CFA Society.
Colin Stewart
Colin Stewart is a director and portfolio manager at JCClark. JCClark is a hedge fund management firm specializing in alternative investment products for institutional and high net-worth investors. Together with John Clark, Mr. Stewart is responsible for the investment activities at JCClark. Colin holds an Honours Bachelor of Business Administration degree from Wilfrid Laurier University and is a Chartered Financial Analyst. Mr. Stewart started his career in the Corporate Finance division of CIBC World Markets and then joined Connor Clark & Co. Ltd. as an analyst where he worked directly with the Chief Investment Officer. In February of 2001, Colin joined JCClark as one of the founding shareholders. Today, he manages the JCClark Focused Opportunities Fund, a concentrated long/short equity hedge fund focusing on the firm’s highest conviction investment ideas as well as co-managing the Preservation Trust the firms flagship fund which is a north American long/short equity fund.
Toreigh N. Stuart
Mr. Stuart is the Chief Executive Officer of Man Investments Canada Corp., responsible for building the firm’s distribution channels and joint venture relationships in Canada. He is also responsible for the daily management and overall supervision of the Canadian sales operation. In 1992, Mr. Stuart joined Richardson Greenshields of Canada as an Investment Advisor. In 1997, he joined TD Evergreen (now TD Waterhouse) in the role of Investment Advisor and Supervising Portfolio Manager. Most recently, he held the positions of President and Chief Executive Officer of BluMont Capital, a Toronto-based hedge fund company, which, under his leadership, saw significant growth from 2000 through 2006. During his time at BluMont Capital, Mr. Stuart established the successful joint venture relationship with Man Investments. Mr. Stuart earned his Bachelor of Arts degree in Economics from the University of Toronto, and is a Chartered Financial Analyst and Chartered Alternative Investment Analyst.
Keith Summers
Keith Summers has been managing investment portfolios since 1993.
After working as an analyst for Bank of Montreal and Canadian Imperial Bank of Commerce in the late 1980’s, Keith joined the Treasury Department of the Province of Ontario where he worked on restructuring sovereign debt in the early 1990’s. In 1993 he was tapped to manage the $300 million bond portfolio of a government-owned insurance company. Seven years later, he relocated to St. Paul, MN where he managed a $1.4 billion fund-of-funds for a reinsurance pool. It was here where he first developed and began to use a prototype of the Tricoastal sector momentum model in managing $60 million in US equities. In 2002, he joined a leading mutual fund company where he worked as a portfolio manager and was subsequently named Chief Investment Officer of an $800 million multi-family office subsidiary. He left the mutual fund industry in 2008.
In 2004, he established Tricoastal Capital Partners LLC as a vehicle for a global macro strategy based, in part, on the sector momentum strategy he had used in successfully managing $60 million in US equities between 2000 and 2002. The Fund was closed to everyone but US-resident family and friends of the manager until 2009, when he opened it to accredited investors.
He graduated from McMaster University with a BA in Political Science and Economics and an MBA in Finance and is a CFA Charterholder.
Edward Vallar
Ed Vallar is the Director of Investments and Research for GM Advisory Group, Inc., a Registered Investment Advisory firm in Port Washington, NY.
Ed is a Chartered Financial Analyst (CFA) and has been working with GM Advisory Group for over 9 years. He has over 20 years of experience in the industry, including 18 years as a CFA.
Ed leads the firm’s investment management function and works with the Managing Principal to implement investment strategy.
Michael Yhip
Michael Yhip is the President and Chief Investment Officer of the Garrison Hill Capital Management Inc. He was a former debt and derivative banker employed with Canada’s largest investment banks. He is considered an expert in his field and has worked with Canadian governments, corporations and high net worth investors to provide a range of financial solutions over his career. Michael is a CFA charter holder.
John Youn
John Youn has 14 years of financial industry experience. His primary role at BMO is to further educate ETFs to Institutional and Retail Clients. He has also developed ETF training for BMO.
John has been appeared on BNN and interview by Winnipeg Free Press, and National Post for his expertise and insight on ETF related subjects. Also, he is a frequent panellist and a moderator at many industry conferences.
Prior to joining BMO, John was a Vice President at HBP. He was a Principal at Barclays Global Investors developing iShares ETF. In addition, he has managed Oracle Canada group pension.
John holds a BA from the University of Toronto.