Don-Raymond-199x300-e1431614466896-200x200

Donald Raymond, PhD

Managing Partner and Chief Investment Officer
Don-Raymond-199x300-e1431614466896-200x200

Donald Raymond, PhD

Managing Partner and Chief Investment Officer

Don Raymond is the Managing Partner and Chief Investment Officer at Alignvest Management Corporation. He is Chair of the Board of Trustees of Queen’s University and past Chair of its Investment Committee. Don is also an Adjunct Professor of Finance and Chair Emeritus of the International Centre for Pension Management, both at the University of Toronto’s Rotman School of Management. Don is also a member of the Investments and Risk Advisory Panel of the Monetary Authority of Singapore.

Prior to joining Alignvest in 2014, Don was the Chief Investment Strategist for the $220 billion CPP Investment Board (CPPIB) where he devoted 12½ years of his career to helping build CPPIB into a leading global investment organization. Don built CPPIB’s Public Market Investments department from inception and was also its first Chief Investment Strategist. In this role, he chaired CPPIB’s Investment Planning Committee, responsible for overseeing the portfolio design and management of one of the fastest-growing pools of capital in the world. He was also the principal architect of CPPIB’s innovative Total Portfolio Approach, and was instrumental in the development of the United Nations’ Principles of Responsible Investing (UNPRI), as well as their adoption by CPPIB in 2005.

Prior to joining CPPIB in 2001, Don worked for Goldman Sachs, first in Toronto as a top-ranked fixed-income strategist before moving into a global equity and fixed-income portfolio management role in New York. He began his investment career in the fixed-income derivatives department of Burns Fry, a predecessor of BMO Capital Markets. Prior to developing an interest in finance, Don worked for Schlumberger in China and trained as a pilot in the Canadian military. He holds a Ph.D. in Electrical Engineering from Queen’s University and a CFA charter.

Marlene-Puffer

Marlene Puffer, PhD

CFA, Partner
Marlene-Puffer

Marlene Puffer, PhD

CFA, Partner

Marlene Puffer is a Partner of Alignvest Investment Management. Ms. Puffer has more than 25 years’ experience in investments, pensions and capital markets at world-class financial institutions and in academia. Prior to joining Alignvest, Ms. Puffer was a Chief Strategist at BCA Research, a global leader in independent macro investment strategy, and she was the President and Founder of Twist Financial, an independent firm providing investment strategy and advice for institutional investors, boards, unions, government agencies, and other market participants. Ms. Puffer also serves as Board Trustee and Chair of the Asset-Liability Management Committee at the Healthcare of Ontario Pension Plan (HOOPP).

Ms. Puffer’s previous experience includes roles as chief investment officer at NAV CANADA Pension Plan, in business development and fixed income portfolio management at PIMCO Canada and Legg Mason Canada, and in debt capital markets at BMO Capital Markets and as head of fixed income analytics at RBC Capital Markets. She began her career as Assistant Professor of finance at the Rotman School of Management at the University of Toronto.

Ms. Puffer holds a Ph.D. in Finance and Applied Statistics and a M.Sc. in Business Administration from the Simon Business School at the University of Rochester, and master’s and bachelor’s degrees in Economics from the University of Toronto. She holds a CFA charter and the ICD.D designation granted by the Institute of Corporate Directors.

Randy-Cohen1

Randolph Cohen, PhD

Partner
Randy-Cohen1

Randolph Cohen, PhD

Partner

Randy Cohen is a Partner at Alignvest Investment Management. Mr. Cohen also teaches finance and entrepreneurship in the MBA program at Harvard Business School, as well as Investments at the MIT Sloan School of Management. Mr. Cohen has helped to start and grow a number of investment management firms. He has also served as an actuarial consultant specializing in pension plan asset/liability management. He is a frequent speaker at investment conferences globally, such as the Sovereign Investor Institute and the Foundation and Endowment Asset Management conference.

Mr. Cohen is a highly respected researcher whose main focus is on the relationship between institutional investors and the stock market. He has published frequently cited articles on the ex-ante identification of outstanding investment managers and the prediction of security and asset-class performance. His work has been published in top academic journals including the Journal of Finance, Quarterly Journal of Economics and Journal of Financial Economics. His 2003 paper “The Value Spread” (with Christopher Polk and Tuomo Vuolteenaho) and his 2005 article “Judging Fund Managers by the Company They Keep” (with Joshua Coval and Lubos Pastor), were both nominated for the annual Smith-Breeden Prize for the best asset-pricing paper published in the Journal of Finance.

Mr. Cohen holds an AB in Mathematics from Harvard College and a PhD in Finance from the University of Chicago.

Amy-Baryshnik

Amy Baryshnik

Vice President, Corporate Strategy and Development
Amy-Baryshnik

Amy Baryshnik

Vice President, Corporate Strategy and Development

Amy Baryshnik is Vice President, Corporate Strategy and Development, at Alignvest Investment Management. Ms. Baryshnik was previously the Chief Operating Officer at Alignvest Capital Management Inc. Before joining Alignvest Management Corporation in 2011, she was an Associate at Apollo Investment Management (Nasdaq: AINV) in New York at which she focused on private debt and private equity investments. She began her career in Mergers & Acquisitions and Leveraged Finance at UBS Investment Bank in Los Angeles.

Ms. Baryshnik earned an MBA with distinction from Harvard Business School and an HBA with distinction from the Richard Ivey School of Business at Western University. She is an Executive Officer of the Harvard Business School Club of Toronto, a board member of Unity Charity, and is a recipient of the Women in Capital Markets emerging leaders award.

Sudharshan-e1431615180838

Sudharshan Sathiyamoorthy, PhD

Vice President
Sudharshan-e1431615180838

Sudharshan Sathiyamoorthy, PhD

Vice President

Sudharshan Sathiyamoorthy is a Vice President at Alignvest Investment Management. He was previously an Associate Portfolio Manager at the Canada Pension Plan Investment Board, where he led the search, approval and monitoring process for alternative investment managers with a focus on commodity, reinsurance and global macro managers. He played a similar role at a prominent fund of funds management firm where he also helped to develop proprietary risk analytics. His background includes a rotation through investment banking, equity research and trading at RBC Capital Markets, and post-doctoral research in Oceanography at the Woods Hole Oceanographic Institution.

Mr. Sathiyamoorthy holds an MBA from the Richard Ivey School of Business at the University of Western Ontario, a Ph.D. in Physics and a B.Sc. in Math and Physics (high distinction) both from the University of Toronto and has pursued graduate study in Meteorology at MIT.

Dan-Chinnick-e1431615206335

Dan Chinnick

Head of Operations
Dan-Chinnick-e1431615206335

Dan Chinnick

Head of Operations

Dan Chinnick is Head of Operations at Alignvest Investment Management. Mr. Chinnick has more than 16 years of experience in treasury, capital markets and derivatives operations at both buy-side and sell-side institutions. Prior to joining Alignvest, he was Associate VP at TD Bank Group where he led a team responsible for transfer pricing $300 billion of loans, deposits and investments for the U.S. bank. Previously he was Deputy Head of Structured Products, Trading Desk Support at Bank of Montreal and he held senior operations roles in investment finance at the Canada Pension Plan Investment Board, and in equity derivatives at TD Securities.

Mr. Chinnick holds a B.A. in Economics from Western University, and has trained at the Queens University Leadership Program at the Queens School of Business and the Product Management Institute at the Schulich School of Business.

Alex-e1431615218615

Alex Katai

Head of IT
Alex-e1431615218615

Alex Katai

Head of IT

Alex Katai is Head of Information Technology at Alignvest Investment Management. Mr. Katai has more than 20 years of experience enabling businesses to gain a competitive advantage through technology. Prior to joining Alignvest, he was Senior Architect for the private cloud initiative at Ontario Teachers’ Pension Plan (OTPP). Prior to joining OTPP he was Head of Technology and Trading Infrastructure at Mapleridge Capital, a quantitative systematic alternative investment manager where he designed, built and ran the systematic trading and research infrastructure. He also held senior technology roles at CIBC Capital Markets and at various software development firms in financial services.

Mr. Katai holds a degree in Electrical Engineering from the Politehnica University Timișoara, Romania.

Josee-Pelletier

Josée Pelletier

Vice President, Business Development
Josee-Pelletier

Josée Pelletier

Vice President, Business Development

Josée Pelletier is Vice President, Business Development, at Alignvest Investment Management. She brings more than 20 years of a proven track record in sales, business development and relationship management roles in the Canadian institutional and retail marketplaces. Prior to joining Alignvest, she was Vice President at Foyston, Gordon & Payne, where she was responsible for the sales and marketing of investment management services to pension funds, foundations, endowments, corporations, sub-advisory channels and consultants. Previously she was consultant, Investment Community Corporate Relations for Strategic Product Partners Inc., where she was an integral member of the Strategic Sales business unit working in partnership with manufacturers of alternative and structured investment products. She has been Director, Corporate Relationships at Spectrum Investments and National Account Manager at Global Strategy Financial Inc. Ms. Pelletier started her career in the investment industry as a financial advisor at The Investors Group Inc. and previously, she was Executive Director at L. LePage Organization, an executive education and translation company.

Ms. Pelletier holds a Bachelor of Arts, Education, ESL from Université Laval.

Haosheng-Li

Haosheng Li

Analyst
Haosheng-Li

Haosheng Li

Analyst

Haosheng Li is an Analyst at Alignvest Investment Management. Mr. Li joined the team full-time in January 2017 following an internship in summer 2016. Prior to Alignvest, he had internships as a pension analyst with Morneau Shepell, as a data analyst at PwC Management Services LP, and as a business analyst in equities at Scotiabank.

Mr. Li holds a Master of Science in Mathematics in Finance from the Courant Institute of Mathematical Sciences at New York University and an Honors BSc in Applied Mathematics with high distinction from the University of Toronto.

Mary-Leger

Mary Leger

Operations Administrator
Mary-Leger

Mary Leger

Operations Administrator

Mary Leger is Operations Administrator at Alignvest Investment Management. Ms. Leger was previously the Front Office Administrator at Alignvest Management Corporation, which she joined in 2013.

Ms. Leger holds a Bachelor of Arts from Western University and the Canadian Securities Course from the Canadian Securities Institute.

Ally Cui

Ally Cui

Operations Analyst
Ally Cui

Ally Cui

Operations Analyst

Ally Cui is an Operations Analyst at Alignvest Investment Management and Alignvest Capital Management. Ms. Cui was previously an Investment Accountant at State Street Fund Services, where she focused on the NAV process for multi-class hedge funds.

Ms. Cui graduated from University of Toronto with a Bachelor of Commerce and has completed all examinations for the Certified General Accountant (CGA) designation.

Additional Team Members

  • Timothy Hodgson
    CCO
    Tim-Hodgson 2

    Timothy Hodgson

    CCO

    Timothy Hodgson is Managing Partner of Alignvest Management Corporation. Mr. Hodgson is also the Chief Compliance Officer of Alignvest Capital Management Inc. and Alignvest Investment Management Corporation. Prior to joining Alignvest, Mr. Hodgson was Special Advisor to Governor Carney at the Bank of Canada from 2010 to 2012, where he lead the Bank’s market infrastructure initiatives to: build a new repo clearinghouse business for Canada; reform Canada’s OTC derivatives markets; and review changes to systemically important market infrastructure businesses in Canada. While serving at the Bank, Mr. Hodgson sat on the Bank’s Monetary Policy Review Committee and Financial Stability Committee. Additionally, he represented the Bank on the Heads of Agencies Committee, and on the Heads of Dealers Committee with the heads of the major Canadian investment banks.

    From 1990 to 2010, Mr. Hodgson held various positions in New York, London, Silicon Valley and Toronto with Goldman Sachs. His expertise spanned several industry verticals, capital markets products, merger advisory services and merchant banking. In 2005, Mr. Hodgson was tasked with rebuilding Goldman Sachs Canada after the firm had curtailed its Canadian investment banking, fixed income, and equity research operations in 2003. From 2005 to 2010, he served as Chief Executive Officer of Goldman Sachs Canada with overall responsibilities for the firm’s operations, client relationships and regulatory matters in the region. Under his leadership, the firm significantly increased its headcount, and expanded the scope of its operations. Mr. Hodgson has advised Canadian governments, corporations and high net worth individuals. Selected clients in the financing, mergers and merchant banking businesses included the Province of Ontario Government, the Canada Pension Plan Investment Board, the Ontario Teachers’ Pension Plan, the Ontario Municipal Employees Retirement System, the Caisse de dépôt et placement du Québec, and Brookfield Asset Management. He has also sat on the Boards of CW Media, Goldman Sachs’ largest merchant banking investment in Canada.

    Mr. Hodgson currently sits on the boards of The Public Sector Pension Investment Board (PSP Investments) where he chairs the Investment Committee which oversees net investments of $99.5 billion as at September 30, 2014, KGS-Alpha Capital Markets, The Global Risk Institute, The Ivey School of Business and The Next36. Mr. Hodgson served on the board of Bridgepoint Health for 8 years until July 2014.

    Mr. Hodgson holds a Masters of Business Administration from The Richard Ivey School of Business at Western University and a Bachelor of Commerce from the University of Manitoba. He is a Chartered Professional Accountant (CPA), Chartered Accountant (CA) and a member of the Institute of Corporate Directors.

  • Sanjil Shah
    CFO
    Sanjil-Shah1

    Sanjil Shah

    CFO

    Sanjil Shah is the Chief Financial Officer and a Founding Partner of Alignvest Management Corporation. Mr. Shah is also the Chief Financial Officer of Alignvest Capital Management Inc. and Alignvest Investment Management Corporation. Mr. Shah was previously the Chief Financial Officer and Chief Operating Officer of StorageNow Holdings, a retail real estate business that acquired, developed and operated 11 self-storage stores in Ontario, Saskatchewan and Alberta. The portfolio was successfully built over a four-year period and sold to InStorage REIT for cash consideration of $110 million. During this period, Mr. Shah directly managed approximately 50 retail and management employees. Prior to joining StorageNow, Mr. Shah was a Senior Manager at KPMG LLP, a global professional services firm, where he specialized in providing audit and advisory services to publicly-listed technology companies in Canada and the United States.

    Mr. Shah has also been an instructor at York University’s Schulich School of Business, the University of Toronto and with the Chartered Accountants of Ontario’s School of Accountancy.

    Mr. Shah holds a Bachelor of Arts from the University of Toronto and is a CPA, CA (Illinois).

  • Rupert Adams
    Partner, Alignvest UK LLP
    Rupert-Adams

    Rupert Adams

    Partner, Alignvest UK LLP

    Rupert Adams is a Partner of Alignvest UK LLP, and is in charge of building Alignvest’s presence in Europe. Mr. Adams has strong relationships with several large family businesses in Canada and elsewhere. Prior to joining Alignvest, Mr. Adams was a partner at London-based MAB Partners, a multi-billion dollar independent alternative investment group offering sophisticated investors access to alternative investment funds, with a focus on hedge funds and private equity. He was responsible for building the firm’s business in parts of Europe, Asia, and Canada. Prior to this role, he was the founding partner of Hampton Investment Management and portfolio manager of the Hampton Global Emerging Markets Fund, an equity long/short fund run out of London which he launched in 2007.

    Previously, Mr. Adams spent three years at Matterhorn Investment Management, a London-based Investment Manager that manages three global emerging markets funds, which he helped build from inception in 2002 into a business managing over $500 million.

    Between 1992 and 2003, Mr. Adams spent 11 years with Deutsche Bank and Indosuez Bank as an equity analyst in the Asian banking sector and as an equity research broker.

    Mr. Adams has also been actively involved with a Zurich-based family office, where he has advised a senior member of one of the leading European families on his overall investments and portfolio strategy.

    Mr. Adams holds an MA in Modern History from the University of St. Andrews, holds the UK SII Certificate in Investment Management, and has been an approved person on the UK Financial Services Register since 2002.