TORONTO, June 28, 2013 /CNW/ - Return On Innovation Advisors Ltd. ("ROI Capital") is pleased to announce the appointment of Joe DaSilva to Senior Vice President and Chief Operating Officer, a new position with the company. In his new role (which takes effect July 15th), he will be responsible for managing all of the operations of ROI Capital and its funds, as well as oversight of the compliance team led by Chief Compliance Officer, Gil Garbus Jr.
"Joe's wealth of operational and compliance knowledge, along with his business acumen make him a strategic fit for ROI Capital." says ROI Capital President and Founding Partner Wilfred Vos. "We are very excited to have him join our leadership team and support the development of our future strategies."
Mr. DaSilva is a highly regarded industry figure with over 22 years of extensive experience. Before joining ROI, he held the position of Vice-President and Chief Compliance Officer with Empire Life Investments, and previously also served as Vice President and Chief Operating Officer for Hartford Investments Canada. DaSilva has also acted as a regulatory consultant for Deloitte LLP and PricewaterhouseCoopers LLP and has been an active participant on various industry initiatives, committees and working groups.
"ROI Capital is a strong player in the commercial mortgage and private real-estate investment space. Offering investors innovative products with a strong investment portfolio made joining ROI Capital very appealing to me." says DaSilva. "I am pleased to further assist the company deliver operational and compliance excellence, while continuing to bring innovative investment solutions to the market place."
About ROI Capital
Established in 2002, ROI Capital (ROI) is a Canadian investment firm that specializes in commercial mortgages, loans and private real estate. Since then, ROI has developed a deep understanding of the fundamentals of the commercial real estate market and an emphasis on capital preservation. This is achieved by primarily focusing on income-producing properties in large urban markets. ROI's senior team has been together since the firm began managing commercial mortgages and real estate investments. Its members have an average of 20 years' experience in the financial services industry, as well as deep relationships with banks, institutions and brokers. Today, ROI manages more than $1.3 billion across 11 funds.
SOURCE ROI Capital