Reza Satchu is Managing Partner and Co-Founder of Alignvest Management Corporation. Mr. Satchu has substantial experience as an entrepreneur and investor. He has co-founded, built and/or managed several operating businesses from inception including: SupplierMarket, a supply chain software company with over 125 employees and investors that included KKR executives and Sequoia Capital, which was sold to Ariba for stock consideration of US$924 million; StorageNow, which became one of Canada’s largest self-storage companies prior to being sold to InStorage REIT for cash consideration of $110 million; and KGS-Alpha Capital Markets, a U.S. fixed-income broker dealer with over US$230 million of equity and mezzanine capital, 150 employees and over $130 million in annual revenue.

Previously, Mr. Satchu spent 12 years in New York City where he was a General Partner at Fenway Partners, a US$1.4 billion private equity firm focused on acquiring leading middle market companies typically from families or large corporations and a Financial Analyst at Merrill Lynch in the High Yield Finance and Restructuring Group. While at Fenway Partners, Mr. Satchu was involved in the acquisitions of Simmons Mattress, Delimex and Decorative Concepts.

Mr. Satchu has received “Canada’s Top 40 Under 40™” Award and the 2011 Management Achievement Award from McGill University (2011). Mr. Satchu is on the Board of Directors of KGS-Alpha Capital Markets, the Toronto Hospital for Sick Children Foundation where he is Chairman of the Governance and Nominating Committee (having served as Vice-Chairman of the Board from 2009 to 2011) and is a member of the Advisory Board of the Arthur Rock Center for Entrepreneurship at Harvard Business School. Mr. Satchu is the Founding Chairman of The Next 36, an intensive entrepreneurship program for Canada’s most promising undergraduate students, which is funded and supported by many of Canada’s leading Chief Executive Officers and entrepreneurs (Founding Patrons include the Hon. Paul Desmarais, Jimmy Pattison and W. Galen Weston). From 2003 to 2009, he was an Adjunct Professor at the University of Toronto, where he taught Economics of Entrepreneurship, a class that for six years was rated by students as the best class/learning experience at the University of Toronto.

Mr. Satchu holds a Masters of Business Administration degree from Harvard Business School and a Bachelor of Arts degree from McGill University.

Timothy Hodgson is Managing Partner of Alignvest 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 Hydro One, The Public Sector Pension Investment Board (PSP Investments), MEG Energy, Alignvest Acquisition II Corporation and Next Canada. Mr. Hodgson’s prior directorships include The Global Risk Institute, KGS-Alpha Capital Markets, Bridgepoint Health and the Richard Ivey School of Business.

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.

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 and serves on the Board of Directors of Great-West Lifeco Inc.

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.

Nadir Mohamed is Chairman of the Board of Directors of Alignvest Management Corporation. Mr. Mohamed is a highly accomplished operating executive who was most recently President and Chief Executive Officer of Rogers Communications Inc., the TSX and NYSE listed media and telecommunications company with an enterprise value in excess of $35 billion.

Under his leadership, Rogers became the largest wireless carrier in Canada, delivered best in class cable and wireless margins and significantly strengthened its balance sheet. Before serving as President and Chief Executive Officer of Rogers, Mr. Mohamed was the President and Chief Operating Officer of the company’s Communications Group. Prior to that, Mr. Mohamed was the President and Chief Executive Officer of Rogers Wireless. Before joining Rogers in 1999, he had held senior positions at Telus Communications and at BC Telecom.

Mr. Mohamed currently serves on the Board of Directors of TD Financial Group, The Next 36, Cineplex and on the Board of Governors of Ryerson University. Mr. Mohamed also serves as the Chair of Scale Up Ventures and is on the Brookfield Capital Partners Advisory Board. Mr. Mohamed has been named one of the world’s most successful immigrants by Bloomberg and he was honoured by the United Nations Association in Canada at their 2013 Global Citizens Dinner.

Mr. Mohamed graduated from the University of British Columbia with a Bachelor of Commerce degree and holds a CPA, CA and FCA designation.

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).

Lee Lau is a Partner and Co-Founder of Alignvest Management Corporation. Mr. Lau co-founded ATI Technologies in 1985 and built the company into one of the world’s largest supplier of graphic chips and add-in boards to the personal computer industry. In addition to managing the company, Mr. Lau was ATI’s largest shareholder, first employee and responsible for innovation and development of all products. Mr. Lau helped build ATI into a TSX and NASDAQ listed global market leader, with annual sales in excess of $2.2 billion and over 3,000 employees. ATI was sold in 2006 to Advanced Micro Devices for cash and stock consideration of $5.3 billion. Since then, Mr. Lau has managed his family office investing in a variety of alternative asset products. Prior to founding ATI, Mr. Lau held various design engineering positions with Mitel, Motorola and Plessey.

Mr. Lau holds a Masters in Engineering and a BASc from the University of Toronto.

Andy Moysiuk is a Partner of Alignvest Management Corporation and serves on the Board of Directors and Investment Committee. Previously, Mr. Moysiuk was the Managing Partner of HOOPP Capital Partners, through which HOOPP conducted its private equity and special situations investment business. HOOPP is Canada’s largest private trust, and among Canada’s largest pension plans with $60.8 billion in net assets as at December 31, 2014. Over a 14-year period, Mr. Moysiuk led the creation and development of a significant institutional private equity business and portfolio, which generated exceptional investment performance. Mr. Moysiuk built and led the senior team responsible for a portfolio that grew to approximately $2 billion, $1 billion of which was executed in direct investments, with the remainder invested in specialty partnerships and joint ventures with differentiated private equity and related strategies.

During his tenure, the HOOPP Capital Partners track record exceeded a 14% average annual return. The private investments in which HOOPP’s involvement was publicly disclosed included: Teranet, which is the Internet-enabled on-line land registry system in Ontario. HOOPP was an initial private equity investor at Teranet’s founding, remained the largest shareholder when the company was taken public on the TSX, and eventually sold its stake into a $2.0 billion take-over bid in 2008; Ducati Motorcycle Company, initially an NYSE/Milan listed Italian sport motorcycle manufacturer, which was the subject of a deleveraging capital increase, taken private and eventually sold to Volkswagen/Audi Group in 2012 for US$1.1 billion; and Novadaq Technologies Inc., a medical devices company in which HOOPP was the largest private investor, with such company completing an initial public offering on the TSX in 2005 and which continues today with a market capitalization in excess of $730 million.

Mr. Moysiuk has served for many years on the Investment Committee of the Pension Board for the United Church of Canada, a successful pension plan managing assets in excess of $1.2 billion. Previously, Mr. Moysiuk was a Partner at KPMG LLP, a global professional services firm, and a founding Officer and Director in its affiliate through which the firm undertook its corporate finance advisory activities. Mr. Moysiuk is a member of the Institute for Corporate Directors, and a graduate of the Rotman/ICD Corporate Governance College.

Mr. Moysiuk holds a Bachelor of Commerce from the University of Toronto and is a CPA, CA.

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.

Andre Mousseau is a Partner at Alignvest Private Capital. Before joining Alignvest, Mr. Mousseau was a Portfolio Manager in the Long Term Equities group at the Ontario Teachers’ Pension Plan. With $154.5 billion in net assets as of December 31, 2014, the Ontario Teachers’ Pension Plan is the largest single-profession pension plan in Canada. The Long Term Equities group focused on investments, both public and private, with steady cash flow and growth potential that can hold their value and act as a hedge against inflation. During Mr. Mousseau’s tenure, the Long Term Equities group made investments in Camelot Group plc, Impark Corp., Baybridge Seniors Housing and Aircastle Ltd.

Prior to joining OTPP, Mr. Mousseau was a Principal at EdgeStone Capital Partners, one of Canada’s leading independent private equity managers. Mr. Mousseau joined EdgeStone as an Associate in 2006 and worked on a variety of successful investments, portfolio company initiatives and exits across multiple industries. Before EdgeStone Mr. Mousseau started his career in investment banking with CIBC World Markets and Genuity Capital Markets. Mr. Mousseau is a director of Edgewood Health Network, a portfolio investment of Alignvest. Previously, Mr. Mousseau served on the boards of Impark Corp., one of North America’s largest parking management providers, Premier Lotteries, OTPP’s holding company for lottery management investments, and Aurigen Reinsurance, a Bermuda-based life reinsurance provider focused on the reinsurance of life insurance policies of North American residents, and was an alternate board member of Camelot Group PLC, the operator of the UK National Lottery.

Mr. Mousseau earned a Masters of Business Administration at the Richard Ivey School of Business at the University of Western Ontario where he graduated as an Ivey Scholar, and an undergraduate degree in economics from McGill University.

Celia Chan is the Vice President of Finance at Alignvest Management Corporation. Ms. Chan was previously the Controller since joining Alignvest in 2013. Prior to joining Alignvest, Ms. Chan was a Manager at Ernst & Young LLP, a global professional services firm, where she specialized in providing audit and advisory services to clients in the financial services industry, specifically asset management companies.

Ms. Chan is a CPA, CA and holds a Bachelor of Commerce and Finance from the University of Toronto.

Greg Duggan is a Vice-President at Alignvest Management Corporation. Before joining Alignvest, Mr. Duggan was an Associate at Onex Partners focused on evaluating private equity investments across a number of industries, including Onex’s investments in BBAM, FLY Leasing, and Meridian Aviation. As part of his role, Mr. Duggan was also involved in fundraising efforts for a strategy-agnostic aircraft leasing platform. Mr. Duggan began his career in the investment banking division of Credit Suisse in Toronto where he advised companies on M&A, equity, and debt transactions with coverage focused on the natural resource and diversified sectors.

Mr. Duggan earned an MBA from Harvard Business School, a Bachelor of Commerce from Queen’s University, and is a CFA charterholder.

Jonathan Finkelstein is a Vice-President at Alignvest Private Capital. Since joining Alignvest, Jonathan has worked on the acquisition of Sagicor Financial Corporation by Alignvest Acquisition II Corporation and the related acquisitions of Scotia Jamaica Life Insurance Company and ScotiaLife Trinidad & Tobago.

Before joining Alignvest, Jonathan was an associate at Lazard Freres and Co. in New York City where he advised on mergers and acquisitions of financial institutions. Representative clients included Blackstone’s Tactical Opportunities Group, Scotiabank, and American Express.

Prior to joining Lazard, Jonathan served as the Tax Policy Advisor to Canadian Finance Minister Jim Flaherty. He began his career as an attorney at Skadden Arps in New York City.

Jonathan holds an MBA from Columbia Business School (Deans Honors and Distinction, Top 5%, Robert H. Montgomery Prize in Accounting), a Juris Doctor from Osgoode Hall Law School (Dean’s List, Top 3%, Alexander David Mackenzie Scholarship, Cassels Brock and Blackwell Prize in Civil Procedure, Law Society of Upper Canada Prize for Outstanding Achievement in Legal Studies), a Bachelor of Arts from McGill University (Great Distinction), and an LL.M. in Taxation from New York University Law School.

Michael Karp is an Associate at Alignvest Management Corporation. Prior to joining Alignvest, Mr. Karp was an investment banking analyst on the Mergers & Acquisitions team at BMO Capital Markets in Toronto. While at BMO, Mr. Karp was responsible for evaluating and executing M&A transactions across all industries. Prior to BMO Capital Markets, Mr. Karp was an investment banking analyst at Canaccord Genuity in Toronto.

Mr. Karp earned a Bachelor of Commerce and a Bachelor of Computing from Queen’s University and has passed the CFA Level I exam.

Reza Satchu is Managing Partner and Co-Founder of Alignvest Management Corporation. Mr. Satchu has substantial experience as an entrepreneur and investor. He has co-founded, built and/or managed several operating businesses from inception including: SupplierMarket, a supply chain software company with over 125 employees and investors that included KKR executives and Sequoia Capital, which was sold to Ariba for stock consideration of US$924 million; StorageNow, which became one of Canada’s largest self-storage companies prior to being sold to InStorage REIT for cash consideration of $110 million; and KGS-Alpha Capital Markets, a U.S. fixed-income broker dealer with over US$230 million of equity and mezzanine capital, 150 employees and over $130 million in annual revenue.

Previously, Mr. Satchu spent 12 years in New York City where he was a General Partner at Fenway Partners, a US$1.4 billion private equity firm focused on acquiring leading middle market companies typically from families or large corporations and a Financial Analyst at Merrill Lynch in the High Yield Finance and Restructuring Group. While at Fenway Partners, Mr. Satchu was involved in the acquisitions of Simmons Mattress, Delimex and Decorative Concepts.

Mr. Satchu has received “Canada’s Top 40 Under 40™” Award and the 2011 Management Achievement Award from McGill University (2011). Mr. Satchu is on the Board of Directors of KGS-Alpha Capital Markets, the Toronto Hospital for Sick Children Foundation where he is Chairman of the Governance and Nominating Committee (having served as Vice-Chairman of the Board from 2009 to 2011) and is a member of the Advisory Board of the Arthur Rock Center for Entrepreneurship at Harvard Business School. Mr. Satchu is the Founding Chairman of The Next 36, an intensive entrepreneurship program for Canada’s most promising undergraduate students, which is funded and supported by many of Canada’s leading Chief Executive Officers and entrepreneurs (Founding Patrons include the Hon. Paul Desmarais, Jimmy Pattison and W. Galen Weston). From 2003 to 2009, he was an Adjunct Professor at the University of Toronto, where he taught Economics of Entrepreneurship, a class that for six years was rated by students as the best class/learning experience at the University of Toronto.

Mr. Satchu holds a Masters of Business Administration degree from Harvard Business School and a Bachelor of Arts degree from McGill University.

Timothy Hodgson is Managing Partner of Alignvest 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 Hydro One, The Public Sector Pension Investment Board (PSP Investments), MEG Energy, Alignvest Acquisition II Corporation and Next Canada. Mr. Hodgson’s prior directorships include The Global Risk Institute, KGS-Alpha Capital Markets, Bridgepoint Health and the Richard Ivey School of Business.

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 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 Chartered Accountant and Certified Professional Accountant (Illinois).

Andre Mousseau is a Partner at Alignvest Private Capital. Before joining Alignvest, Mr. Mousseau was a Portfolio Manager in the Long Term Equities group at the Ontario Teachers’ Pension Plan. With $154.5 billion in net assets as of December 31, 2014, the Ontario Teachers’ Pension Plan is the largest single-profession pension plan in Canada. The Long Term Equities group focused on investments, both public and private, with steady cash flow and growth potential that can hold their value and act as a hedge against inflation. During Mr. Mousseau’s tenure, the Long Term Equities group made investments in Camelot Group plc, Impark Corp., Baybridge Seniors Housing and Aircastle Ltd.

Prior to joining OTPP, Mr. Mousseau was a Principal at EdgeStone Capital Partners, one of Canada’s leading independent private equity managers. Mr. Mousseau joined EdgeStone as an Associate in 2006 and worked on a variety of successful investments, portfolio company initiatives and exits across multiple industries. Before EdgeStone Mr. Mousseau started his career in investment banking with CIBC World Markets and Genuity Capital Markets. Mr. Mousseau is a director of Edgewood Health Network, a portfolio investment of Alignvest. Previously, Mr. Mousseau served on the boards of Impark Corp., one of North America’s largest parking management providers, Premier Lotteries, OTPP’s holding company for lottery management investments, and Aurigen Reinsurance, a Bermuda-based life reinsurance provider focused on the reinsurance of life insurance policies of North American residents, and was an alternate board member of Camelot Group PLC, the operator of the UK National Lottery.

Mr. Mousseau earned a Masters of Business Administration at the Richard Ivey School of Business at the University of Western Ontario where he graduated as an Ivey Scholar, and an undergraduate degree in economics from McGill University.

Greg Duggan is a Vice-President at Alignvest Management Corporation.

Before joining Alignvest, Mr. Duggan was an Associate at Onex Partners focused on evaluating private equity investments across a number of industries, including Onex’s investments in BBAM, FLY Leasing, and Meridian Aviation. As part of his role, Mr. Duggan was also involved in fundraising efforts for a strategy-agnostic aircraft leasing platform. Mr. Duggan began his career in the investment banking division of Credit Suisse in Toronto where he advised companies on M&A, equity, and debt transactions with coverage focused on the natural resource and diversified sectors.

Mr. Duggan earned an MBA from Harvard Business School, a Bachelor of Commerce from Queen’s University, and is a CFA charterholder.

Celia Chan is the Vice President of Finance at Alignvest Management Corporation. Ms. Chan was previously the Controller since joining Alignvest in 2013. Prior to joining Alignvest, Ms. Chan was a Manager at Ernst & Young LLP, a global professional services firm, where she specialized in providing audit and advisory services to clients in the financial services industry, specifically asset management companies.

Ms. Chan is a CPA, CA and holds a Bachelor of Commerce and Finance from the University of Toronto.

Michael Karp is an Associate at Alignvest Management Corporation. Prior to joining Alignvest, Mr. Karp was an investment banking analyst on the Mergers & Acquisitions team at BMO Capital Markets in Toronto. While at BMO, Mr. Karp was responsible for evaluating and executing M&A transactions across all industries. Prior to BMO Capital Markets, Mr. Karp was an investment banking analyst at Canaccord Genuity in Toronto.

Mr. Karp earned a Bachelor of Commerce and a Bachelor of Computing from Queen’s University and has passed the CFA Level I exam.

Jonathan Finkelstein is a Vice-President at Alignvest Private Capital. Since joining Alignvest, Jonathan has worked on the acquisition of Sagicor Financial Corporation by Alignvest Acquisition II Corporation and the related acquisitions of Scotia Jamaica Life Insurance Company and ScotiaLife Trinidad & Tobago.

Before joining Alignvest, Jonathan was an associate at Lazard Freres and Co. in New York City where he advised on mergers and acquisitions of financial institutions. Representative clients included Blackstone’s Tactical Opportunities Group, Scotiabank, and American Express.

Prior to joining Lazard, Jonathan served as the Tax Policy Advisor to Canadian Finance Minister Jim Flaherty. He began his career as an attorney at Skadden Arps in New York City.

Jonathan holds an MBA from Columbia Business School (Deans Honors and Distinction, Top 5%, Robert H. Montgomery Prize in Accounting), a Juris Doctor from Osgoode Hall Law School (Dean’s List, Top 3%, Alexander David Mackenzie Scholarship, Cassels Brock and Blackwell Prize in Civil Procedure, Law Society of Upper Canada Prize for Outstanding Achievement in Legal Studies), a Bachelor of Arts from McGill University (Great Distinction), and an LL.M. in Taxation from New York University Law School.

Levent Kahraman is the CEO and co-founder of KGS-Alpha Capital Markets, L.P. Mr. Kahraman brings significant trading and business-building experience to KGS-Alpha. Prior to co-founding KGS-Alpha, he spent five years as a Managing Director at Barclays Capital, building one of the top-ranked Agency RMBS Structured Products businesses. Mr. Kahraman started his career and spent eight years at Salomon Brothers, where his last position was Managing Director in CMO Trading. Before working in finance, Mr. Kahraman worked in management consulting, where he advised financial services firms on credit risk management.

Mr. Kahraman holds an M.B.A. with Honors from Harvard Business School, a B.A. with Distinction in Economics and a B.S. with Distinction in Civil and Environmental Engineering, both from Cornell University.

Mr. Goldman is the President and co-founder of KGS-Alpha Capital Markets, L.P. Mr. Goldman has over twenty five years of experience in the fixed income business. Mr. Goldman spent his entire career at Salomon Brothers/Citigroup, where he attained senior positions as a Managing Director, including Head of North American Fixed Income Sales, as well as Co-Head of the US Rates Business. As Head of North American Fixed Income Sales, Mr. Goldman was instrumental in building and managing a 250-person fixed income sales force that generated over $2 billion in annual revenues. Mr. Goldman is widely recognized as a sales leader, and he has trained and developed many of today’s top fixed income sales producers. In addition to his sales role, Mr. Goldman also oversaw a multi-billion dollar global interest-rate trading business. As President of KGS-Alpha, he draws on his experience to recruit, train, and manage the sales and trading franchise.

Mr. Goldman earned his B.A. in Economics from Middlebury College.

Joe Manget is the Chairman of the Edgewood Health Network Inc. (EHN), a Canadian based private pay mental health and addictions treatment platform launched by Alignvest in December 2013. Mr. Manget was previously a Senior Partner at The Boston Consulting Group where he led BCG Canada (2006 to 2009), then led BCG’s Global Operations practice (2010 to 2012), which he transformed into the firm’s largest and fastest growing global practice. While at BCG, he led over 140 management consulting cases in 14 years, across the Americas, Europe, China and Australia. Over the course of his consulting career, Mr. Manget’s client work focused primarily on service and manufacturing companies in the consumer goods, retail, and technology sectors, and he has also worked in health care and industrial goods. Most of the projects he led have been in the areas of innovation, product development, manufacturing, procurement, supply chain and customer service.

Prior to BCG, Mr. Manget was a senior manager at IBM Canada (now Celestica). During his ten years there, he held a number of operational and marketing management positions within the manufacturing organization. He also worked at Bain & Co. for three years as a consultant and manager.

Mr. Manget holds a Master of Science from Stanford University and a Bachelor of Applied Science in Engineering from the University of Toronto, graduating first in class (summa cum laude) in both programs.

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 and serves on the Board of Directors of Great-West Lifeco Inc.

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.

Kerry Stirton is a Partner of Alignvest Investment Management and a Member of the AIM Investment Commitee. Mr. Stirton has more than 20 years’ investment experience including equity portfolio management, equity research, hedge fund investing, activist investing, and commodity trading. Prior to joining Alignvest, Mr. Stirton was a Managing Director at CIBC Asset Management, where he led a $25 billion Institutional Advisory Business.

Mr. Stirton’s experience includes the roles of Equity Investor in Goldman Sachs’ Proprietary Investment Group, Senior Research Analyst at Sanford C. Bernstein, and a Manager at McKinsey and Company. Mr. Stirton has also been an Investment Committee Member of the Ben Gurion University Endowment.

Mr. Stirton holds law degrees from Harvard Law School and University of Oxford where he was a Rhodes Scholar, and has received an MA from University of Toronto. Mr. Stirton has successfully passed Finra’s Series 7, 63, and 55 Examinations and the NFA’s Series 3 National Commodities Futures Examination.

Randolph B. (Randy) Cohen is the MBA Class of 1975 Senior Lecturer of Entrepreneurial Management at Harvard Business School.  Mr. Cohen is also a Partner at Alignvest Investment Management.

Cohen teaches finance and entrepreneurship at HBS, and has previously held positions as Associate Professor at HBS and Visiting Associate Professor at MIT Sloan.

Cohen’s main research interests are the identification and selection of money managers who are most likely to outperform, and the interface between the actions of institutional investors and price levels in financial markets. Cohen has studied the differential reactions of institutions and individuals to news about firms and the economy, as well as the effect of institutional trading on stock prices. He also has researched the market for municipal securities.

In addition to his academic work, Cohen has helped to start and grow a number of businesses, mostly but not exclusively in the area of investment management, and has served as a consultant to many other companies.

Cohen holds an AB in mathematics from Harvard College and a PhD in finance from the University of Chicago.

Mr. Kouvaras is a Partner at Alignvest Capital Management with a focus on business development. He brings more than 15 years of experience in the investment industry to Alignvest with an emphasis on alternative investments. Prior to joining Alignvest, he was Regional Director for Russell Investments, where he was responsible for mid-market institutional business development across Canada. Before Russell, he was Regional Sales Manager at Man Investments Canada, where his responsibilities included institutional, retail and national account sales across Canada. Mr. Kouvaras began his career at BluMont Capital, where he was a research analyst with wide-ranging responsibilities.

Mr. Kouvaras is a CAIA Charterholder and a member of the Chartered Alternative Investment Analyst Association.

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.

Cheryl Davidson is the Chief Operating Officer at Alignvest Capital Management. Ms. Davidson previously was a Vice President, Finance of Alignvest Management Corporation. Prior to joining Alignvest, Ms. Davidson was Chief Financial Officer and Chief Compliance Officer for Mapleridge Capital Corporation, a quantitative systematic alternative investment manager in Toronto. Prior to joining Mapleridge in 2002, Ms. Davidson was a Principal in the financial services industry practice at Ernst & Young, a global professional services firm, where her focus in the latter part of her career was providing audit and advisory services to clients in the alternative asset management, mutual fund and securitization area.

Ms. Davidson is a Chartered Accountant and holds a Bachelor of Business Administration from York University.

Wanting Zhao is an Associate Director of Business Development at Alignvest Capital Management. She has over seven years of experience in financial services and investment management. Prior to joining Alignvest, Ms. Zhao spent 5 years at CI Investments in Sales and Marketing where she covered a large territory in the GTA as an Internal Wholesaler.

Ms. Zhao is a graduate of the University of Toronto, she is a CFA Charterholder and currently a member of the Toronto CFA Institute.

Nicholas Tata is an Operations Manager at Alignvest Capital Management. Mr. Tata was previously an Assistant Operations Manager at RBC Wealth Management where he assisted in the management of the Global Credit and Cash portfolio. Prior to RBC Wealth Management, he worked as a Financial Analyst on the Management Advice team at TD Wealth Management and as a Financial Analyst on the Mortgage Backed Securities/Covered Bond portfolio at CIBC Mortgages and Lending.

Mr. Tata graduated from York University with a Bachelor of Business Economics. He has also earned his Chartered Financial Analyst (CFA) and Certified Management Accountant (CMA) designations.

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.

Chantelle Wells joined Alignvest Investment Management Corporation in 2018 as an Operations Associate. Ms. Wells is responsible for managing the administration of investments in global externally managed funds. Prior to joining Alignvest Investment Management, Ms. Wells worked for the broader Alignvest Management Corporation team in Operations and Administration.

Ms. Wells graduated with honours from the University of Western Ontario in 2016, and subsequently completed post-graduate studies at the University of Toronto.

Sanjil Shah is a Trustee of the REIT and a Partner of the General Partner, as well as a Partner and Chief Financial Officer of Alignvest Management Corporation, an alternative asset management company with interests in a broad spectrum of investments, including real assets and real estate. Prior to joining Alignvest, Mr. Shah was the Chief Financial Officer and Chief Operating Officer of StorageNow, a niche real estate business that consolidated a fragmented real estate sector in Canada.

Mr. Shah oversaw the acquisition, development and operations of 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. Prior to joining StorageNow, Mr. Shah was a Senior Manager at KPMG LLP. Mr. Shah holds a Bachelor of Arts from the University of Toronto and is a Chartered Professional Accountant and Certified Professional Accountant (Illinois).

Jonathan Turnbull joined Alignvest in 2017 and is a Trustee of the REIT and a Partner of the General Partner. Prior to Alignvest, Mr. Turnbull founded Dundee Private Equity and was Chief Executive Officer and Chief Financial Officer of Dundee Acquisition Ltd., the first special purpose acquisition company completed in Canada. Mr. Turnbull spent the last three years overseeing the PBSA activities of Dundee Acquisition, including the diligence and negotiation of over $400 million of PBSA acquisitions in Canada. Over $100 million of these acquisitions closed into the Dundee Acquisition/Woodbourne joint-venture – the single largest PBSA transaction ever completed in Canada.

Previously, Mr. Turnbull spent over 20 years managing and executing investment banking, equity capital markets and debt capital markets businesses in New York and London for Salomon Brothers and Citigroup. Mr. Turnbull was Global Head of Citigroup’s Infrastructure business. He has advised on M&A transactions valued at over $300 billion and raised over $50 billion for his clients in the infrastructure, telecom, media and technology sectors. Mr. Turnbull holds an HBA in Business Administration from the Richard Ivey School of Business.

Celia Chan is the Vice President of Finance at Alignvest Management Corporation. Ms. Chan was previously the Controller since joining Alignvest in 2013. Prior to joining Alignvest, Ms. Chan was a Manager at Ernst & Young LLP, a global professional services firm, where she specialized in providing audit and advisory services to clients in the financial services industry, specifically asset management companies.

Ms. Chan is a CPA, CA and holds a Bachelor of Commerce and Finance from the University of Toronto.

Jake Mandel joined Alignvest Management Corporation as a Private Equity Analyst in 2018.

Prior to Alignvest, Jake was actively involved in underwriting and conducting due diligence for prospective transactions at Dundee Private Equity, which included the qualifying acquisition for the first listed Canadian Special Purpose Acquisition Corporation. He also spent two years overseeing Dundee Corporation’s portfolio management strategy, as well as the Purpose-Built Student Accommodation (“PBSA”) activities of Dundee Acquisition, including the due diligence of over $400 million of PBSA acquisitions in Canada.

Mr. Mandel earned an HBA from the Richard Ivey School of Business, graduating on the Dean’s Honour List and passing with Distinction.

Drew Coles is a Trustee of the REIT and Chair of the Trustees. Mr Coles is the Chief Executive and a director of Full – G Capital Ltd., a hotel real estate investment and asset management company. Prior to Full – G, Drew was President and CEO of InnVest REIT which was a $2.1 Billion (CAD) publicly traded real estate investment trust on the Toronto Stock Exchange (INN.UN), generating over $500M (CAD) in revenue with over 5,000 employees. At the time of privatization (August 2016), the company held an investment portfolio of over 100 hotels across Canada, and was Canada’s largest publicly traded hotel REIT. The InnVest portfolio held diverse asset classes, brands (including Marriott, Fairmont, Hyatt Regency, Hilton, Comfort and Holiday Inn) and locations (including Toronto, Calgary, Vancouver, Edmonton, Quebec City, Ottawa, Halifax, Regina. St. John’s and most major lodging markets across Canada). Drew Coles previously led the luxury hotel real estate investments for Oxford Properties valued at approximately $1.7 billion, which included the Fairmont Banff Springs and Fairmont Chateau Lake Louise. He has been involved in over $4B of hotel assets by transactions, asset management and management agreements in the past 10 years. Drew Coles currently sits as a director on the board of Avante Logixx (TSX: XX.V), one of Canada’s premier security companies, as of January 2018. He holds an Honors MBA from Webster University, St. Louis, MO, and a B.A. Economics from Acadia University.

Robert Wolf is a corporate director, active investor and financial management professional. Since 2008, through RTW Capital Corporation, he has been making active investments in and providing advisory services to North American businesses in a variety of sectors. Mr. Wolf is currently a trustee/director of (i) WPT Industrial REIT (TSX:WIR.UN), serving as Lead Trustee and member of the Audit Committee; (ii) Crosswinds Holdings Inc. (TSX:CWI), serving as Chair of the Audit Committee; and (iii) Sarment Holding Limited (TSXV:SAIS).  Mr. Wolf previously was also a director of (i) InnVest REIT (TSX:INN.UN), serving as Chair of the Investment Committee and member of the Audit Committee, Nominating and Governance Committee and Capital Structure Task Force; (ii) OneREIT (TSX:ONR.UN), serving as Chair of the Investment Committee and member of the Governance and Compensation Committee; (iii) C.A. Bancorp Canadian Realty Finance Corp. (TSX:RF.A), and (iv) Monarch National Insurance Company, serving as Chair of the Audit Committee. Prior to 2008, Mr. Wolf was the Chief Financial Officer of RioCan REIT (TSX: REI.UN) from its inception in 1994. In this role, he led all efforts to successfully raise over C$3 billion of equity and debt capital. In addition to being responsible for all financial reporting and compliance functions, he also played a key role in number of significant transactions, including corporate acquisitions, joint ventures and debt restructurings. Prior to 1994, Mr. Wolf held a variety of positions in both public accounting and private/public real estate companies. He obtained his Chartered Accountancy designation in 1984 and holds a Masters of Business Administration from the Schulich School of Business at York University (1982) and a Bachelor of Commerce from McGill University (1981).

Reza Satchu is a Trustee of the REIT. Mr Satchu is a Managing Partner and co-founder of Alignvest Management

Corporation. Mr. Satchu has co-founded, built, and/or managed several operating businesses from inception including: Alignvest Management Corporation, SupplierMarket, a supply chain software company with over 125 employees and investors that included KKR & Co. L.P. executives and Sequoia Capital, which was sold to Ariba Inc. for share consideration implying an enterprise value of US$924 million; StorageNow, which became one of Canada’s largest selfstorage companies prior to being sold to InStorage REIT for cash consideration of $110 million; and KGS-Alpha Capital Markets L.P., a U.S. fixed-income broker dealer with over US$150 million of equity capital. Mr. Satchu has a bachelor’s degree in economics from McGill University and a Masters of Business Administration from Harvard University.

Sanjil Shah is a Trustee of the REIT and a Partner of the General Partner, as well as a Partner and Chief Financial

Officer of Alignvest Management Corporation, an alternative asset management company with interests in a broad

spectrum of investments, including real assets and real estate. Prior to joining Alignvest, Mr. Shah was the Chief Financial Officer and Chief Operating Officer of StorageNow, a niche real estate business that consolidated a fragmented real estate sector in Canada. Mr. Shah oversaw the acquisition, development and operations of 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. Prior to joining StorageNow, Mr. Shah was a Senior Manager at KPMG LLP. Mr. Shah holds a Bachelor of Arts from the University of Toronto and is a Chartered Professional Accountant and Certified Professional Accountant (Illinois).

Jonathan Turnbull joined Alignvest in 2017 and is a Trustee of the REIT and a Partner of the General Partner. Prior to

Alignvest, Mr. Turnbull founded Dundee Private Equity and was Chief Executive Officer and Chief Financial Officer of

Dundee Acquisition Ltd., the first special purpose acquisition company completed in Canada. Mr. Turnbull spent the last three years overseeing the PBSA activities of Dundee Acquisition, including the diligence and negotiation of over $400 million of PBSA acquisitions in Canada. Over $100 million of these acquisitions closed into the Dundee

Acquisition/Woodbourne joint-venture – the single largest PBSA transaction ever completed in Canada. Previously, Mr. Turnbull spent over 20 years managing and executing investment banking, equity capital markets and debt capital markets businesses in New York and London for Salomon Brothers and Citigroup. Mr. Turnbull was Global Head of Citigroup’s Infrastructure business. He has advised on M&A transactions valued at over $300 billion and raised over $50 billion for his clients in the infrastructure, telecom, media and technology sectors. Mr. Turnbull holds an HBA in Business Administration from the Richard Ivey School of Business.