Algonquin Capital

Our Purpose

To help you get more from your fixed income.

We do this by designing better products, sharing our insights, and helping you navigate the ever-changing bond markets.

We bring the advantages of bank trading to investors.

Brian D'Costa, Founding Partner, Chief Strategy and Risk Officer

Our Team

Our philosophy is to work hard and have fun while doing it. We take our work very seriously, ourselves not so much.

Brian D'Costa

Brian D'Costa

Founding Partner, Chief Strategy and Risk Officer

  • Member of the Bank of Canada Fixed Income Forum
  • Former Global Head of Fixed Income and Rates for CIBC Capital Markets
  • Former Global Head of Vanilla Interest Rate Derivatives for TD Securities
  • Former Captain of the Canadian Airborne Regiment
Greg Jeffs

Greg Jeffs

Founding Partner, Chief Investment Officer

  • Former Executive Director of Credit Trading for CIBC World Markets
  • 30 years of experience in the capital markets, with over 20 years as a corporate bond trader and market maker
Raj Tandon

Raj Tandon

Founding Partner, President

  • Former Vice President of Credit Trading for TD Securities London
  • Managed and traded multi-billion dollar structured credit portfolios across North American and international markets
Hasnat Mahmood

Hasnat Mahmood

Partner, Chief Compliance Officer & Chief Financial Officer

  • Former Alternative Investment Funds Auditor for KPMG and PwC
  • Former Director of Compliance and Alternate Chief Compliance Officer at a multi-billion dollar securities dealer and investment fund manager
Alexander Schwiersch

Alexander Schwiersch

Partner, Senior Portfolio Manager

  • Former Vice President and Portfolio Manager for Invesco
  • Over 20 years of fixed-income experience as a Portfolio Manager and Credit Analyst with experience in both European and North American markets
Chris Wallbank

Chris Wallbank

Senior Portfolio Manager

  • Former Portfolio Manager for Blair Franklin Asset Management/Gluskin Sheff & Associates
  • Over 17 years of experience trading alternative credit and interest rate strategies
Kathleen Biggs

Kathleen Biggs

Partner, Head of Investor Relations & National Accounts

  • 40-year veteran of the Canadian fixed-income markets
  • 20 years on Merrill Lynch’s fixed-income trading desk
  • Former Managing Director of CanDeal
  • Former Head of Business Development for Lawrence Park Asset Management
Ali Tuserkani

Ali Tuserkani

Partner, Business Development

  • 10 years of investment industry experience with a focus on alternative investments and fixed-income markets
  • Chartered Investment Manager (CIM)
Meriem Benazza

Meriem Benazza

Vice President, Business Development

  • Ten years of industry experience
  • Bachelor’s degree in economics, Concordia University
Riley Pan

Riley Pan

Associate Portfolio Manager

  • Master of Finance, Wilfrid Laurier University, Waterloo, ON
  • Bachelor of Finance, Nanjing Normal University, Jiangsu, China
  • Chartered Financial Analyst
Roxandra Tiron

Roxandra Tiron

Senior Manager, Compliance & Operations

  • Former Investor Relations Supervisor for Citco Canada Inc
  • Over 5 years of experience in Fund administration with a focus on hedge funds and private equity portfolios
  • CSC
Michael Wang

Michael Wang

Quantitative Developer

  • Bachelor of Mathematics in Financial Analysis and Risk Management, University of Waterloo.

Our Giving

We recognize how lucky we are and strongly believe in helping the less fortunate.

In 2024, we partnered with the Anti-Human Trafficking Division of Victim Services to fund the development of a trauma-informed healthcare network. The objective of this program is to offer tailored medical services to victims and survivors of human trafficking.

Learn More

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