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SOURCE ROI Capital
TORONTO, March 21, 2013 /CNW/ - Return On Innovation Advisors Ltd. ("ROI
Capital") announced today a leadership transition that sees Founding
Partner Wilfred Vos succeed David Sharpe as President of the firm.
Mr. Sharpe joined the firm one year ago at a time of transition for the
firm and certain of the funds it manages. With the restructuring and
listing of three of these funds on the Toronto Stock Exchange ("TSX")
and the restructuring of a fourth fund completed as well as the
implementation of new processes at the firm, Mr. Sharpe has left his
position with the organization to assume new challenges: "While my time
with ROI Capital was relatively brief, we accomplished what I was
retained to do, leading the organization successfully through a major
restructuring and transition and the successful removal of the terms
and conditions imposed on the firms registration in 2012 by the Ontario
Securities Commission, all which has positioned ROI Capital well for
the future. It added to my portfolio of professional experiences, and I
look forward to leading and assisting other firms facing complex
challenges that require my legal, regulatory and management expertise."
Mr. Sharpe has agreed to temporarily assist ROI Capital with its
Mr. Vos joined the firm over seven years ago as a partner, responsible
for product development, management and new initiatives for ROI
Capital. Since Mr. Vos started at ROI Capital, he has been responsible
for the launch of 9 products and the firm's assets under management
over the period have increased from $70 million to $1.4 billion. He is
a highly regarded and credentialed veteran of the investment industry;
among his many degrees and designations are a B.Sc., MBA, CFA, CFP,
CIM, CBV, DMS, FCSI and FMA. He has published several investment books
and articles and was the recipient of the Best New Initiative Award
from Morningstar Research Inc. in 2002. He continues to provide ROI
Capital and its funds with significant expertise and experience in
investment product development and management.
"On behalf of the entire team at ROI Capital, I want to express our
congratulations to Wilfred Vos on assuming the role of President with
the firm," said ROI Capital Executive Chairman and Founding Partner
John Sterling. "Wilfred offers our investors long experience and
demonstrated commitment to ROI Capital and its future success as a
source of innovative and valued investments and consistently
ROI Capital was established in 2002 and has built a full-service asset
management platform that has the capacity to underwrite, finance,
acquire and manage assets that fit the investment profile and mandate
of its managed funds. On December 7, 2012, three closed-end investment
funds managed by ROI Capital were listed on the TSX: ROI Canadian High
Income Mortgage Fund (TSX: RIH.UN), ROI Canadian Mortgage Income Fund
(TSX: RIL.UN), and ROI Canadian Real Estate Fund (TSX: RIR.UN). As of
December 31, 2012, ROI Capital managed more than $1.4 billion in assets
across 10 funds.
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