Portfolio Managers

Adam Dean, CFA

Vice President & Portfolio Manager

Adam Dean is the portfolio manager of the CMLS Mortgage Fund and responsible for mortgage investment mandates under CMLS Asset Management Ltd. Adam’s primary focus is on building and maintaining the trust of our valued investor partners, prudent investment selection and portfolio management, and structuring our related processes to meet our investors’ credit and yield objectives.

Adam has more than 10 years’ experience in the mortgage industry, with a focus on institutional investment mandates, portfolio management and securitization. Prior to joining CMLS in 2011, Adam obtained his Bachelor of Commerce from the University of British Columbia with a specialization in Finance. He also holds the Chartered Financial Analyst designation.

Compliance and Operations

Jonathan Lee, CFA, CPA, CA

Chief Compliance Officer,
Portfolio Manager

Mr. Lee is responsible for managing all compliance aspects of the CMLS Financial Group and is involved in the day to day operations of the Manager, including regulatory compliance. He has 15 years’ experience in the financial services industry.

Mr. Lee began his career with KPMG LLP in Vancouver and spent several years at the BC Securities Commission overseeing portfolio managers, investments fund managers and exempt market dealers. Mr. Lee is a Chartered Accountant and a CFA charterholder.

Tatiana Parc

Associate Director, Operation

Tatiana Parc is an Operations Associate Director at CMLS Asset Management. Ms. Parc has over 13 years of experience in the mortgage lending industry, including audit, credit risk, regulatory compliance, business development and business optimization.

Prior to joining CMLS, Ms. Parc held a position at various residential mortgage finance companies, including Financial Services Regulatory Authority of Ontario and CMHC. Ms. Parc is a graduate of York University.

Investment Sales

Lisa Calandra

Vice President,
Investment Sales

647.715.3930 lisa.calandra@cmls.ca

Ms. Calandra is the Vice President of Investment Sales for CMLS Asset Management. She has over 25 years of fundraising and investor relations experience in the alternative asset management industry.

She also has significant expertise in exempt product securities law and compliance. Prior to joining CMLS, Ms. Calandra held senior positions at Romspen, where she served a national client base working with high-net-worth individuals, family office, advisors, portfolio managers and pensions. Ms. Calandra is a graduate of the University of Toronto and is a registered Dealing Representative.

Cynthia Maisonneuve

Director, National Sales
647.245.1151 cynthia.maisonneuve@cmls.ca

Ms. Maisonneuve is the original and integral member of the CMLS capital raising team and responsible for the growth of the flagship Mortgage Fund from $20M to almost $100M in assets under management.

She continues to secure distribution at a number of retail investment firms, serving high net-worth individuals, investment advisors and family offices across Canada. She is a registered dealing representative with the OSC and has over 10 years experience specializing in corporate credit, liquid alternative, OM and prospectus-based strategies at some of the top alternative asset management firms in the country.

Prior to CMLS Asset Management in 2018, she spent several years working at RBC and RBC DS before joining the sales team at Fidelity Investments.

Cynthia is also the Founder and Chair of the CMLS Women’s Employee Resource Group which is focused on supporting the women in the organization and their professional growth and development. Ms. Maisonneuve is a graduate of Ryerson University.

Board of Directors

Anthony Gage

Director

Mr. Gage is past chair of the Board of Phillips, Hager & North Investment Management (PH&N). His career at PH&N spanned more than 20 years including 5 years as President and CEO.

Mr. Gage also served on the Board of Public Service Plan from 2006 – 2015, where he chaired the Investment Committee from 2009 – 2015. As chair of the Investment Committee, he was responsible for overseeing the investment management function.

Michael Borden

Director

Michael retired from Phillips, Hager ∓ North Investment Management (PH&N) in 2020 after 26 years and a career in the investment management business spanning 40 years. At PH&N Mr. Borden was responsible for the mortgage investment strategies which saw the AUM grow from less than $200 million in 2002 to over $6 billion in 2020.

Mr. Borden sits on the Board of the BC Cancer Foundation as well as the Investment Committee and sits as an Advisor to the CMHC Pension Fund Investment Committee. Mr. Borden holds a Chartered Financial Analyst designation and Bachelor of Commerce from Queen’s University.

David Franklin, R.I. (BC)

Vice-Chair

David Franklin is the Vice-Chair of CMLS Financial. Mr. Franklin joined CMLS in 1995 and has over 30 years’ of experience in real estate finance.

Prior to joining the Parent in 1995, Mr. Franklin held senior managerial positions with some of Canada’s leading private and public sector real estate finance operations, including CMHC. He is a graduate of the University of British Columbia’s Urban Land Economics program and a member of the Real Estate Institute of British Columbia.

Chris Brossard, CPA, CA

Chief Executive Officer

Mr. Brossard has been involved in real estate finance and investment management for over 25 years.

Prior to joining the Parent in 2003, Mr. Brossard held several senior executive positions and has been a principal in private equity, real estate and real estate finance firms. Mr. Brossard holds a Canadian Chartered Accountant designation and a Bachelor of Business Administration from Simon Fraser University.

Sam Brown

Sam Brown, CPA, CA

Director

Mr. Brown is the Executive Vice President and Chief Operating Officer of CMLS Financial and has over 15 years of experience.

Prior to joining CMLS in 2011, Mr. Brown spent 3 years as a financial officer with a specialist investments firm in London, United Kingdom. He also worked with a leading audit, tax and advisory services company in their real estate assurance practice in both Vancouver and London. Mr. Brown is a Chartered Accountant and holds a Bachelor of Commerce from the University of British Columbia

Fund Managers

Sean Adamick, CFA, CPA, CA

Portfolio Manager

Mr. Adamick is the portfolio manager of the CMLS Mortgage Fund, and is a co-manager on several segregated institutional mortgage mandates. Mr. Adamick also serves on the Board of Directors and the Executive Committee as treasurer for the Canadian Alternative Lenders Association. He has 15 years’ experience in investment management and mortgage finance.

Mr. Adamick began his career with KPMG LLP in Vancouver and spent several years with RBC Capital Markets’ top-ranked diversified financials equity research team covering publicly-traded investment management companies and mortgage and housing companies. Mr. Adamick is a graduate of the University of British Columbia, is a Chartered Accountant and a CFA charterholder.

Adam Dean, CFA

Portfolio Manager

Mr. Dean is a co-manager of the CMLS Mortgage Fund and manages a number of segregated institutional mortgage mandates.

Mr. Dean has over 8 years experience in investment management and mortgage finance, acting in a sub-advisory capacity for key investor relationships and coordinating over $2 billion in commercial mortgage-backed securities transactions. Mr Dean. is a graduate of the University of British Columbia and a CFA charterholder.

Jonathan Lee, CFA, CPA, CA

Chief Compliance Officer,
Portfolio Manager

Mr. Lee is responsible for managing all compliance aspects of the CMLS Financial Group and is involved in the day to day operations of the Manager, including regulatory compliance. He has 12 years’ experience in the financial services industry.

Mr. Lee began his career with KPMG LLP in Vancouver and spent several years at the BC Securities Commission overseeing portfolio managers, investments fund managers and exempt market dealers. Mr. Lee is a Chartered Accountant and a CFA charterholder.

Sales and Operations Team

Cynthia Maisonneuve

Director, National Sales

Ms. Maisonneuve is the Director of National Sales for CMLS Asset Management. She has over 10 years of business development experience specializing in corporate credit, liquid alternative, OM and prospectus based strategies.

Throughout her career she has worked with some of the most influential allocators across Canada. Prior to joining CMLS in 2018, she held various senior level positions at some of Canada’s top wealth management firms including RBC and Fidelity Investments. Ms. Maisonneuve holds a Bachelor of Arts from Ryerson University.

Tatiana Parc

Manager, Operations

Tatiana Parc is an Operations Manager at CMLS Asset Management. Ms. Parc has over 13 years of experience in the mortgage lending industry, including audit, credit risk, regulatory compliance, business development and business optimization.

Prior to joining CMLS, Ms. Parc held a position at various residential mortgage finance companies, including Financial Services Regulatory Authority of Ontario and CMHC. Ms. Parc is a graduate of York University.

Board of Directors

Anthony Gage

Director

Mr. Gage is past chair of the Board of Phillips, Hager & North Investment Management (PH&N). His career at PH&N spanned more than 20 years including 5 years as President and CEO.

Mr. Gage also served on the Board of Public Service Plan from 2006 – 2015, where he chaired the Investment Committee from 2009 – 2015. As chair of the Investment Committee, he was responsible for overseeing the investment management function.

Michael Borden

Director

Michael retired from Phillips, Hager & North Investment Management (PH&N) in 2020 after 26 years and a career in the investment management business spanning 40 years. At PH&N Mr. Borden was responsible for the mortgage investment strategies which saw the AUM grow from less than $200 million in 2002 to over $6 billion in 2020.

Mr. Borden sits on the Board of the BC Cancer Foundation as well as the Investment Committee and sits as an Advisor to the CMHC Pension Fund Investment Committee. Mr. Borden holds a Chartered Financial Analyst designation and Bachelor of Commerce from Queen’s University.

David Franklin, R.I. (BC)

Vice-Chair

David Franklin is the President of CMLS Financial and is responsible for overseeing the commercial mortgage origination and servicing divisions. Mr. Franklin joined CMLS in 1995 and has over 30 years’ of experience in real estate finance.

Prior to joining the Parent in 1995, Mr. Franklin held senior managerial positions with some of Canada’s leading private and public sector real estate finance operations, including CMHC. He is a graduate of the University of British Columbia’s Urban Land Economics program and a member of the Real Estate Institute of British Columbia.

Chris Brossard, CPA, CA

Chief Executive Officer

Mr. Brossard has been involved in real estate finance and investment management for over 20 years.

Prior to joining the Parent in 2003, Mr. Brossard held several senior executive positions and has been a principal in private equity, real estate and real estate finance firms. Mr. Brossard holds a Canadian Chartered Accountant designation and a Bachelor of Business Administration from Simon Fraser University.

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