We are the leading dedicated
managed account platform
in the industry

We believe there is a massive shift underway towards platform investing driven by institutional allocators’ desire for customized investment solutions, better fees, control, transparency and operational alpha

Our vision is to enhance the way value is created for the communities represented by institutional allocators

Our origins date back to 1996.

We are committed to and solely focused on the quality of our support to our clients.
Our platform is designed to make every step of the Dedicated Managed Account (“DMA”) process easier, more efficient and transparent. We designed our purpose-built proprietary technology to serve the complex and specialized needs of a DMA platform while simplifying the process for our clients.

Management team

Our leaders spent years mastering the complexities of the alternative investments business before developing our fully outsourced Dedicated Managed Account (“DMA”) model. We put this expertise to work to help clients leverage the benefits of a DMA structure. Years of hands-on experience in launching and operating successful DMAs have put us in a unique position to provide solutions tailored to your specific needs.

François Rivard

Chief Executive Officer
François Rivard

Joshua Kestler

President
Joshua Kestler

Caroline Bergeron

Global Head of Sustainability & Impact Solutions
Caroline Bergeron

Hugues Bessette

Chief Investment Officer
Hugues Bessette

Isabelle Colin

Chief Technology Officer
Isabelle Colin

Kavi Kumarakurubaran

Global Head of Business Applications Development
Kavi Kumarakurubaran

Afroditi Ladovrechis

Chief People Officer
Afroditi Ladovrechis

Andrew Lapkin

Chief Operating Officer
Andrew Lapkin

Edmond Lee

Chief Financial Officer
Edmond Lee

Evelyne Morin

General Counsel
Evelyne Morin

Balaji Murugan

Head of India Operations
Balaji Murugan

Aniello Novembre

Global Head of Platform Accounting
Aniello Novembre

Ryan Ramlogan

Head of Poland Operations
Ryan Ramlogan

Andrew Savino

Chief Risk Officer
Andrew Savino

Danielle Terrazzino

Global Head of DMA Platform Management
Danielle Terrazzino

Terence Tinnelly

Global Head of Products and Innovation
Terence Tinnelly

Ben Yaffee

Global Head of Business Development and Client Relationship Management
Ben Yaffee

Amanda Zarrillo

Global Head of Platform Operations
Amanda Zarrillo
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Global Head of Sustainability & Impact Solutions

As Global Head of Sustainability & Impact Solutions, Caroline is responsible for Innocap’s ESG and impact business offering. She leads and develops strategic initiatives targeted to assist Innocap’s clients to invest constructive capital in order to generate growth while contributing to a more sustainable world. Caroline strives to have a meaningful impact on asset owners and asset managers as well as on all stakeholders of the ecosystem.

Caroline was previously Managing Director, Investor Relations and Business Development at Innocap. In that role, she developed powerful partnerships with Innocap’s institutional clients, lead for two years Innocap’s business development efforts in Europe and in the US and was the instigator for our ESG and Impact Solutions product offering. Caroline has over 13 years of experience working in the finance industry. Caroline began her career at Innocap as legal counsel where she helped design and build dedicated managed account platforms for sophisticated investors around the world. She received her Bachelor of Laws from the Sherbrooke University, she holds a Master’s degree in International Trade Law (LL.M.) from Cape Town University (South Africa) as well as the Chartered Alternative Investment Analyst (CAIA) and Sustainable Investment Professional Certification from Concordia University.

Hugues Bessette

Chief Investment Officer

As Chief Investment Officer, Hugues is responsible for supporting clients with the investment decision process and helping allocators build optimal portfolios. He leads the effort to provide clients with actionable information and insightful transparency by turning analytics into a comprehensive and clear story for better investment decisions. As CIO, Hugues acts as a partner and subject matter expert on portfolio construction, optimization and portfolio risk management. Hugues also leads the implementation and management of investment solutions, such as treasury management, currency hedging and overlay strategies.

Hugues was previously Innocap’s Chief Investment & Risk Officer responsible for the data management, quantitative risk modelling, daily investment compliance monitoring and portfolio oversights. Hugues was a leader in the development of Innocap’s portfolio analytic capabilities and was responsible for delivering impactful analysis and visualization to enhance clients’ understanding of the underlying investment risk profile. Prior to joining Innocap, Hugues was a Managing Director and Head of Internal Absolute Return at PSP Investments in Montreal (2004-2016). During that period, he was also part of PSP’s Public Markets Investment Committee and responsible for managing the Public Markets overlay portfolio. Prior to PSP, Hugues gained valuable experience as a Strategist at Bear Stearns International in London, at CN Investment as a Fixed Income portfolio manager and at National Bank of Canada, in their Treasury department. Hugues holds a bachelor’s degree in Actuarial Sciences and a Master’s in Finance (M.Sc) from Laval University as well as a CFA designation.

Isabelle Colin

Chief Technology Officer

As Chief Technology Officer, Isabelle oversees all aspects of technology and is responsible for steering the technology vision that supports the business growth strategy. Isabelle leads a global team responsible for the development of scalable, innovative and secured solutions that improve Innocap’s products and services. She oversees software development, information and cybersecurity, end-user computing solutions and technology infrastructure.

Isabelle was previously Innocap’s CTO. At Innocap, Isabelle ensured the robustness of the information systems and modernized them. She also oversaw the innovative roadmap for core data and analytics, and positioned technology and IT professionals as a core element of the business. Isabelle has over 20 years of IT experience in the financial industry. Prior to joining Innocap, she served as Senior Director responsible for the digital strategy and technological evolutions for the Private Markets and Finance teams at the Public Sector Pension Investment Board (PSP Investments). Prior to that, she spent 15 years at National Bank of Canada in various technology leadership roles related to IT service delivery, architecture and software development, more specifically for risk management and fixed income securities. Isabelle holds a Master’s degree from IÉSEG School of Management at the Institute of Scientific Economics and Management in Lille, France as well as an MBA from Université du Québec à Montréal.

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President

As President, Josh is responsible for Dedicated Managed Account platform operations and onboarding, product development, business development, marketing, client coverage and ESG and impact solutions. Josh focuses on continuing to evolve and enhance our industry-leading offering and to deliver an exceptional client experience enabling Innocap to transform the industry.

Josh was previously Head of HedgeMark and was responsible for overall management of the HedgeMark business. He was responsible for strategically developing the HedgeMark DMA platform and helped build it from an idea into the largest DMA platform in the industry. Josh has more than 21 years of experience in the hedge fund industry and 18 years of managed account experience. Prior to joining HedgeMark, Josh spent 8 years at Deutsche Bank serving in various senior roles including Head of Managed Account Platform Operations for Deutsche Bank’s X-Markets Hedge Fund Platform in the U.S. and Chief Administrative Officer of DB Advisors Hedge Fund Group. He began his career as an associate in the Investment Management Group of New York law firm, Schulte Roth & Zabel LLP. Josh has authored numerous articles on the subject of dedicated managed accounts and has been a featured speaker at many managed account industry events. He is the Co-Founder and Co-President of Trial Blazers for Kids and a board member of Cannonball Kids cancer, both of which are foundations focused on pediatric cancer research. Josh received a J.D., cum laude, from the University of Pennsylvania Law School and a BA, summa cum laude, from Rutgers College.

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Global Head of Business Applications Development

As Global Head of Business Applications Development, Kavi is responsible for leading the technology development teams and building and enhancing the company’s technology used to deliver our products and services. This includes all of the software and systems for data enrichment, managed account operations, risk analytics, performance reporting, investment guideline monitoring and client reporting solutions. As head of application development, Kavi is responsible for designing, planning, coordinating and supervising all activities related to Innocap’s software applications. Kavi works closely with business managers to ensure the company’s technology supports the business in reaching its goals for productivity and client experience.

Kavi was previously head of technology for HedgeMark. He was instrumental in HedgeMark’s technology development efforts, initially joining and working in India to build out HedgeMark’s technology team before moving to New York and managing a global team responsible for maintaining, supporting, and upgrading existing systems and applications. Kavi has 26 years of IT experience in the financial industry specializing in Alternatives. Prior to joining HedgeMark, he held various technology leadership roles and built several low latency / high performance systems for prime brokerage businesses at Morgan Stanley, Bear Stearns and Credit Suisse First Boston. Kavi received a BS in Computer Science from Manonmaniam Sundaranar University and a MS in Computer Applications from Bharathidasan University, India.

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Chief People Officer

As Chief People Officer, Afroditi is responsible for the talent, culture and compensation structures of the firm. She leads all initiatives focused on talent acquisition and management, compensation as well as organizational culture, equity, diversity and inclusion. As CPO, Afroditi strives to build a work environment that will offer employees fulfilling careers and will allow our workforce to be renowned as the best in the industry.

Afroditi was previously Innocap’s Chief Compliance Officer. In that role, she built a robust compliance environment that met the strict and complex requirements of the multiple jurisdictions in which Innocap is registered. She developed an in-depth understanding of our business and its people, which will be a crucial asset in her new role as CPO. Afroditi has over 15 years of experience working in the finance industry, having served as senior legal advisor for National Bank of Canada and its internal portfolio manager. She advised on fund and corporate structuring, private and public investment fund regulatory matters, mergers and acquisitions as well as the integration of acquired businesses. She also acted as Senior Compliance Officer and was registered with FINRA as a Supervisor for a New-York based broker-dealer. Before entering the finance industry, Afroditi was a lawyer at Norton Rose Fulbright, working in Mergers & Acquisitions and Securities Law. She received her Bachelor of Laws with distinction from the Université de Montréal.

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Chief Operating Officer

As Chief Operating Officer, Andrew is responsible for overseeing Innocap’s investment, risk analytics, data management, technology and transformation groups. Andrew is focused on ensuring we offer the industry’s most complete managed account platform and risk solutions. Andrew concentrates on the company’s use of technology, data, risk analytics and operational processes to improve internal operations and most importantly, client solutions and the client experience. Andrew reports to François Rivard, CEO.

Andrew has over 30 years of experience in the financial services industry. Prior to joining Innocap, he was the CEO of HedgeMark International. Under Andrew’s leadership, HedgeMark grew to become the largest managed account platform provider in the industry. Prior to joining HedgeMark, he was a co-founder and President and Chief Operating Officer of Measurisk, a JP Morgan company that was formerly affiliated with The Bear Stearns Companies. While at Measurisk, a provider of sophisticated risk transparency and risk measurement solutions, Andrew oversaw risk reporting for clients representing over $650 billion in assets. Prior to forming Measurisk, he was a Vice President at Bankers Trust in charge of the development of risk and performance reporting systems and prior to that, a senior technology consultant at Andersen Consulting. Andrew received an MBA. in finance and management from Columbia University and a BA in Economics from Lafayette College.

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Chief Financial Officer

As Chief Financial Officer, Edmond leads the finance and accounting function of Innocap. He is responsible for corporate financial affairs, budgets and forecasts, and margin expansion activities. Edmond ensures our internal financial process and protocols are institutional-level while focusing on expanding margins for shareholders in the process.

Edmond was previously leading the accounting and finance function at Innocap. He has over 13 years of experience in Finance and Accounting functions in the investment industry. Prior to joining Innocap, he was responsible for investment funds reporting and the accounting of global investments at Manulife Investment Management. He also worked as an auditor in the largest public accounting firm in Quebec. Edmond is an active Chartered Professional Accountant (CPA) in Canada and received his Bachelor of Commerce from John Molson School of Business in Montreal.

Evelyne Morin

General Counsel

As General Counsel, Evelyne is responsible for all legal and regulatory matters of Innocap. She oversees the fund structuring, compliance and corporate affairs groups and manages all legal structuring, compliance and corporate aspects of setting up managed accounts. Evelyn also oversees Innocap’s legal, regulatory and corporate matters.

Evelyne was previously Innocap’s General Counsel since 2016, and before that led the legal fund structuring team. She has helped design and build dedicated managed account platforms for sophisticated investors around the world and has negotiated fund agreements for over 15 years. Evelyne has been in the finance industry for 20 years, having previously worked at a large Canadian bank where she was notably in charge of corporate and regulatory matters for several regulated subsidiaries of the bank. She received a Bachelor of Civil Law and a Bachelor of Laws, with distinction, from McGill University.

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Head of India Operations

As the Head of India Operations, Balaji is responsible for delivery of risk analytics from India in addition to overall responsibility for the firm’s India operations. Balaji leads strategic initiatives to improve operational scalability and process efficiency.

Balaji was previously HedgeMark’s Head of India Risk Operations. In that role he was responsible for overall delivery of risk analytics from India in addition to leading the strategic program to develop HedgeMark’s proprietary risk analytics workflow tools. Balaji has over 14 years of experience in the investment industry. Prior to joining HedgeMark in 2011, he worked in sell side research firms building financial valuation models and also in a Private Equity firm validating investment proposals and performing due diligence. Balaji has a Bachelor Degree in Engineering and an MBA in Finance, both from Anna University, Chennai.

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Global Head of Platform Accounting

As the Global Head of DMA Accounting, Neil is responsible for overseeing the daily accounting functions of our Dedicated Managed Account platform, including the NAV review process, financial reporting, audit engagements and tax reporting. Neil is also responsible for managing relationships with multiple vendors including fund administrators and external accounting firms as well overseeing the implementation of operational policies and procedures.

Neil was previously HedgeMark’s Head of DMA Accounting and Operations. He has more than 26 years of experience in the hedge fund industry and 18 years of managed account experience. Prior to joining HedgeMark, Neil was Chief Financial Officer of DB Advisors Hedge Fund Group responsible for all aspects of accounting, taxation and client reporting for Deutsche Bank’s fiduciary business of domestic and offshore hedge funds, hedge fund of funds and managed accounts with different trading strategies. He began his career in public accounting with Rothstein, Kass & Company and PricewaterhouseCoopers in onshore and offshore hedge fund administration, auditing and taxation. Neil received a BS in Business Administration with a concentration in Accounting from Montclair State University. He is a Certified Public Accountant (CPA) in New York State.

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Head of Poland Operations

As Head of Poland Operations, Ryan leads the services delivered by the Poland office and implements strategic initiatives to optimize the client experience. Ryan is focused on developing the Innocap brand and franchise.

Previously Ryan managed HedgeMark’s Dedicated Managed Account operations team based in Poland which facilitates all activities necessary for the day-to-day operational components of HedgeMark’s Dedicated Managed Account solution as well as counterparty relationship oversight. Ryan has over 20 years financial services industry experience including ten years in the hedge fund industry. Prior to joining HedgeMark, Ryan worked as a Service Delivery Manager at UBS for Product Taxonomy, preceded by roles at Credit Suisse, Lehman Brothers, Deutsche Bank and Enron. Ryan received a BSc from the University of London, England.

Chief Executive Officer

As Chief Executive Officer, François is responsible for establishing and delivering Innocap’s overall vision, mission and growth strategy. Francois drives Innocap’s vision of enhancing the way value is created for the communities represented by our clients while maintaining our position as the industry-leading technology-enabled Dedicated Managed Account platform. François makes it his goal to ensure all employees and clients are raving fans of Innocap and that our mission to provide institutional allocators with a superior way to structure, access and monitor their investments is delivered seamlessly.

During his 25 years in the investment industry, François has held various senior functions in capital markets, wealth and asset management in Toronto, Montreal and London. Notably, in his role as Head of the Financial Products Group at National Bank of Canada, he was responsible for engineering and distribution of structured derivative-based investments globally. François is the recipient of Bishop’s University Top 10 After 10 award, a standing YPO member (and past chapter board member), and has contributed or been featured in Bloomberg, the Globe and Mail, Derivatives Week, Structured Products Magazine as well as a featured speaker at various conferences in North America, London, Paris, Zurich, Abu Dhabi and Singapore. Since 2014, François has been a board member and active contributor to the CHU Sainte-Justine Foundation, one of the largest sick kids hospitals and research centers in North America. François received a BBA from Bishop’s University and an MBA from HULT Business School in London.

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Chief Risk Officer

As Chief Risk Officer, Andrew is responsible for overseeing the firm’s use of risk calculation tools, data and analytics in addition to implementing an integrated data operations strategy. As CRO, Andrew aims to foster a culture of Risk FinTech, creating market leading risk transparency and insight tools for the firm and its clients.

Andrew was previously HedgeMark’s Head of Risk. In that role, he led overall risk product strategy and day to day risk operations. He has more than 15 years of experience in the hedge fund industry. Prior to joining HedgeMark in 2011, Andrew spent 4 years at Measurisk, LLC as a senior risk specialist focused on hedge fund market risk analysis. Early in Andrew’s career, he held various operational risk and anti-money laundering KYC roles at Deutsche Bank AG and Bank of New York. Andrew received a BBA in International Business and Business Management from Loyola University Maryland and is a Chartered Alternative Investment Analyst (CAIA).

Danielle Terrazzino

Global Head of DMA Platform Management

As Global Head of DMA Platform Management, Danielle is responsible for the onboarding of new clients and funds to the Innocap platform as well as ongoing platform management services and support. She ensures that clients and funds are onboarded effectively and efficiently and that an outstanding implementation experience is delivered to our clients, managers and service providers.

Danielle was previously Vice President of DMA Platform Management and has 18 years of experience in the hedge fund industry. Prior to joining HedgeMark in 2012, she worked at Nighthawk Partners Inc. from 2003 – 2012 where she was Senior Vice President. While at Nighthawk, Danielle was part of a senior management team that raised assets from institutional investors including insurance companies, family offices, pension consultants, funds of hedge funds, and foundations and endowments. She was also responsible for developing and implementing various back-office procedures and functions across the company. Danielle received a B.A. in Economics from Denison University and holds FINRA Series 7 and 63 licenses with HedgeMark Securities LLC.

Terence Tinnelly

Global Head of Products and Innovation

As Global Head of Product and Innovation, Terence leads the delivery of solutions and drives execution of strategic initiatives to optimize operational excellence and margin expansion. He is focused on ensuring alignment of product development and product deployment within the business strategy across the value chain. Terence is also CEO of Innocap’s Irish subsidiary.

Terence joined Innocap as CEO of the Irish subsidiary in 2016. During his 20 years in the investment industry, he has held various senior functions in Dublin and London. From 2008 to 2016, he was Chief Financial Officer of Bainbridge Partners LLP, a London-based Investment Manager with oversight of Finance, Operations, IT, Legal and Compliance. Prior to joining Bainbridge, Terence worked as a Controller at Fortress Investment Group, and as Deputy Chief Financial Officer at Leo Fund Managers Ltd both preceded by roles at Citigroup and Goldman Sachs. Terence is a fellow of the Association of Chartered Certified Accountants (“FCCA”) while having also obtained a BA in Business and Languages from Dublin City University in 2001.

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Global Head of Business Development and Client Relationship Management

As the Global Head of Business Development and Relationship Management, Ben is responsible for fostering and developing all client relationships for the firm. In this role, Ben articulates and implements the firm’s strategy to drive growth and position Innocap as the Dedicated Managed Account platform market leader. Ben strives to educate clients on industry trends and product solutions so that they are best positioned to harness the power of Innocap to solve their challenges and optimize their investments.

Ben was previously HedgeMark’s Head of Business Development. He has more than 20 years of experience working with institutional investors in the hedge fund industry. Prior to joining HedgeMark in 2012, he was President of Nighthawk Partners Inc., a third party marketing firm for hedge funds, where he was responsible for sourcing product and leading distribution in North America and Europe. Ben began his career in alternative investments at Asset Alliance Corporation, a hedge fund seeding business and early user of managed accounts. Ben received a BA in Economics from Union College and holds FINRA Series 7, 24 and 63 licenses with HedgeMark Securities LLC.

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Global Head of Platform Operations

As the Global Head of Fund Operations, Amanda is responsible for overseeing operations of our Dedicated Managed Account platform. Amanda’s mandate is to uphold best practices for hedge fund operations, while increasing efficiencies and expanding client reporting through HM Operations, a proprietary application developed to enhance and automate onboarding, operations and accounting processes for DMAs.

Amanda was previously Chief Operating Officer of HedgeMark. She has 22 years of experience in the hedge fund industry. Prior to joining HedgeMark, Amanda spent 11 years as a trader for an emerging markets hedge fund as well as a credit and equity volatility fund within Deutsche Asset Management. Amanda received a BS from the University of Notre Dame and is a CFA Charterholder.