Investment Banking Team

Our Canadian team consists of 38 investment banking professionals. In the past 12 months, we have been involved in over 109 transactions, 21as lead or co-lead manager, representing gross proceeds of more than $14.3 billion, not including structured products.

David Atkinson
Director, Investment Banking
Mergers & Acquisitions

David joined Raymond James in 2016 from the Royal Bank of Canada where he was a member of the bank's U.S. Strategy and M&A team. While at RBC, David was a key member of the deal team that executed the bank's $5.0 billion acquisition of City National Corporation. Prior to RBC, David was a member of the Financial Institutions Group at UBS Investment Bank in New York, where he focused on financial technology, asset management and specialty finance. Prior to UBS, David was a member of the government affairs team at Sullivan & Cromwell LLP in Washington, DC., where he focused on financial services matters. David is a graduate of the MBA program at the Ivey Business School and the JD program at Western University, and he obtained his BA from the University of the South (Sewanee), where he graduated magna cum laude, with honors and distinction.

Rajiv Chail, CFA
Director, Investment Banking
Health Care & Technology

Rajiv joined Raymond James in 2018 and has over 10 years of experience in the Canadian capital markets. Prior to joining Raymond James, Rajiv was Vice President, Investment Banking at Cormark Securities. Rajiv has extensive experience advising on M&A and financing transactions across a broad range of clients and industries. Rajiv earned an HBA from The Richard Ivey School of Business at the University of Western Ontario and is a CFA Charterholder.

Dion Degrand CA, CFA
Managing Director, Investment Banking
Head of Canadian Oil & Gas

Dion Degrand joined Raymond James in 2020 from Cormark Securities where he was Head of Western Canada investment banking. He has 25 years of experience and has excelled at progressively senior roles in the investment banking and finance industry with additional expertise gained at National Bank, Goldman Sachs and Peters & Co. He is a graduate of the University of Alberta, earning a Bachelor of Commerce (with Distinction) and the Gold Medal in Business, graduating top of his class. Dion is also a Chartered Accountant and Chartered Financial Analyst.

Russell Green
Managing Director, Investment Banking
Diversified
Russell Green joined Raymond James as managing director in March 2018. Prior to joining Raymond James, Russell worked for a Canadian bank-owned dealer with both coverage and execution responsibilities across industries including both M&A and equity and debt financing mandates. Russell has previously worked in New York at a large global investment bank and has been in Vancouver for the past 10 years. Russell holds an MBA from McGill University and a BA from the University of Western Ontario and is a CFA® charterholder.

Adam Kauffman,  CPA, CA 
Managing Director, Investment Banking
Private Capital Solutions / Recapitalization & Restructuring

Adam Kauffman joined Raymond James in its New York office in 2004 and moved to the Toronto office in 2007. With 20 years of experience, Adam leads both the Canadian private placement and distressed advisory practices. He has significant experience raising privately placed debt and structured equity capital for growth clients across a broad array of sectors.  Adam also has extensive expertise advising clients on distressed M&A, out of court balance sheet recapitalizations, complex capital raising and Chapter 11 / CCAA transactions. Prior to joining Raymond James, Adam worked as a consultant to the World Bank Group and spent five years at Ernst & Young as an associate in the Corporate Restructuring group. Adam holds a Bachelor of Commerce from McGill University and an MBA from Georgetown University, where he graduated with honors.

Alan Kelly, CFA, P.Eng.
Director, Investment Banking
Power and Infrastructure

Alan Kelly joined Raymond James' Power and Infrastructure team in 2016 from CIBC World Markets, where he was an Associate in the Investment Banking Mergers and Acquisition team. He has advised both domestic and global clients on a broad range of transactions across various sectors including P&U, O&G, mining, engineering services, chemicals, automotive and TMT. Prior to his experience in Investment Banking, Alan worked for six years as a Systems Design Engineer and Team Lead at Thales Rail Signaling Solutions. Alan holds a professional engineering license, a BASc in Engineering Science from the University of Toronto and an MBA from the Rotman School of Management, where he graduated with honors.

Marwan Kubursi
Managing Director, Investment Banking
Head of Health Care and Technology

Marwan Kubursi joined Raymond James in 2018 and has 20 years of experience in investment banking. Prior to joining Raymond James, Marwan was Managing Director, Investment Banking and Head of Technology and Life Sciences Investment Banking at Cormark Securities and has prior Investment Banking experience at Global and Canadian Investment Banks. He has a broad range of advising and financing experience raising capital for and advising corporations on acquisitions and divestitures in Health Care and Technology in Canada and the United States. Marwan earned an MBA from the University of Western Ontario and a Bachelor of Engineering from McGill University.

Yong Kwon
Managing Director, Investment Banking
Technology 
Yong Kwon joined Raymond James in 2021 and has 20 years of experience in investment banking and private equity. Prior to joining Raymond James, Yong was a Principal at INFOR Financial Group, responsible for Technology and Financial Sponsor investment banking coverage. Previously, Yong was a Partner with Novacap, a Montreal-based private equity firm, where he spent 5 years investing in TMT companies and playing a key role in building out the firm’s Toronto office. Yong has prior investment banking experience at global and Canadian investment banks, including Barclays and RBC Capital Markets. Yong earned an MBA from the Rotman School of Management and a Bachelor of Commerce degree from the University of Toronto.

Jimmy Leung, CPA, CA, CFA
Managing Director, Investment Banking
Head of Sustainability Investment Banking

Jimmy Leung is Head of Sustainability Investment Banking. Jimmy joined Raymond James in 2005 from a bank-owned investment dealer, where he was a member of the investment banking group. Jimmy has considerable experience in financial advisory, financing and mergers and acquisitions activities, having been directly involved in over 150 successful transactions for public and private companies. Jimmy is a Chartered Accountant and is a Chartered Financial Analyst charterholder. He holds a Bachelor of Arts degree and a Master of Accounting degree from the University of Waterloo.

Onorio Lucchese
Managing Director, Investment Banking
Head of Real Estate

Onorio Lucchese joined Raymond James in 2021 as a Managing Director, Head of Real Estate and has 20 plus years of investment banking experience. He was previously at Brookfield Financial as a Managing Partner overseeing their North American real estate advisory practice. Previously, he was a Managing Director in BMO Capital Markets real estate group and was involved in numerous M&A, equity and debt financing transactions across all real estate asset classes. Prior to BMO, Onorio launched and successfully grew Dundee Capital Markets real estate investment banking group working with a broad range of public REITs and private real estate companies. He began his investment banking career in TD Securities’ Communications and Media group working on a variety of M&A and financing transactions across the Canadian cable, telecom and broadcasting industries. 
Onorio is a registered Professional Engineer of Ontario and spent 5 years as a consulting engineer for the land development industry. 
Onorio holds a Bachelor of Civil Engineering degree and an MBA from the University of Toronto.

Ian G. MacKay, CPA, CA, CBV
Managing Director, Investment Banking
Industrial and Forest Products

For the last 20 years Ian MacKay has been actively involved in in key financings, mergers and acquisitions in the construction and engineering, industrial and forest products sectors across Canada. Transaction experience includes the $125 million sale of Anthony Forest Products to Canfor, three separate equity financings for WSP Global as the co-lead underwriter totaling $950 million, the $320 million sale of North American Energy Partners’ Piling Division to Keller Group, the $68 million investment in Clark Builders by Turner Construction, the $390 million sale of Seacliff Construction to The Churchill Corporation, the $100 million IPO of Seacliff Construction, the $150 million IPO of Lockerbie & Hole, the $155 million sale of Steeplejack to The Brock Group, four separate equity sale transactions for Ritchie Bros. Auctioneers totaling $500 million, the $115 million sale of Primex Forest Products to Interfor, the $660 million purchase and restructuring of TimberWest, and the $850 million purchase of Pacifica Papers. Ian has a degree in Commerce and Business Administration from the University of British Columbia. He holds the Chartered Accountant (CA) and Chartered Business Valuator (CBV) designations.

Daniel Magder, CPA, CA
Director, Investment Banking
Sustainability Investment Banking

Mr. Magder joined Raymond James in 2015 from FTI Consulting, where he was a member of the corporate finance & restructuring group. Mr. Magder has considerable experience in financial advisory, financing, insolvency, corporate restructuring and mergers and acquisitions activities. Mr. Magder is a Chartered Accountant. He holds a Bachelor of Science degree in Accounting from Yeshiva University.

Sean C. Martin, CFA, CFP
Managing Director, Investment Banking
Head of Financial Institutions and Financial Technology

Sean joined Raymond James in September 2014 from TD Securities, where he was a senior member of the Financial Institutions Group, and was responsible for building TD’s Financial Technology practice. Sean brings an extensive 15-year background and deep experience earned from playing an integral role in some of the most significant transactions involving financial institutions in Canada over the past decade. He is a well-respected investment banker with a track record for building profitable and strong relationships, coupled with a keen eye for recognizing and acting upon strategic opportunities. Prior to his nine years at TD, Sean worked with Manulife Financial (Toronto and Hong Kong) and Bank of Montreal (Toronto). Sean earned his MBA from the Rotman School of Management and BA from the University of Western Ontario, and is a Chartered Financial Analyst and Certified Financial Planner.

Craig McDougall, CA, CBV
Senior Managing Director, Investment Banking
Head of Investment Banking and Head of Mergers & Acquisitions

Craig joined Raymond James in 2014 from National Bank Financial, where he was Head of the Mergers and Acquisitions Group for the last 17 years. He was previously a Managing Director at Deutsche Morgan Grenfell, and prior to that in the Corporate Finance Group at Ernst & Young. Craig has extensive experience on advising management teams and their Board of Directors over numerous industry groups in both hostile and friendly transactions. Craig is a Chartered Accountant (Ontario) and a member of the Canadian Institute of Charted Business Valuator (C.B.V.), he is past President and Board Member of the CICBV Institute.

Gavin McOuat, LLM, B.Comm
Senior Managing Director, Investment Banking
Head of Mining & Metals

Gavin joined Raymond James in 2013 from Barclays, where he was Global Co-Head of Metals and Mining, with senior coverage responsibility for clients based in the Americas. Gavin began his mining investment banking career with UBS in 1994 and subsequently became a Managing Director in the investment banking divisions of National Bank and Citigroup. Gavin has extensive experience advising on M&A and financing transactions across a broad range of clients, commodities, products and markets. Gavin holds a LLM in Mineral Law and Policy from the University of Dundee (Scotland) and a B. Comm from Queen's University (Kingston).

Jim Tower
Managing Director, Investment Banking
Head of Power and Infrastructure

Jim Tower joined Raymond James in 2016 and has 25 years of experience in investment banking. Prior to joining Raymond James, Jim was Managing Director, Group Head of Power & Utilities at BMO Capital Markets. He has a broad range of expertise including raising capital for and advising investor-owned and government-owned corporations on acquisitions and divestitures of assets in Canada and the United States. Jim earned an MBA from the University of Western Ontario and a Bachelor of Mathematics from the University of Waterloo and is a Chartered Accountant.

John Willett, MBA, M.Eng
Managing Director, Investment Banking
Mining & Metals

John is a well respected professional with 20 years of senior experience in mining finance and advisory work. Prior to joining Raymond James, John was a Managing Director with Haywood Securities. John holds an MBA from the Schulich School of Business, as well as a Masters of Engineering from McMaster University.

Steve Woima
Director, Investment Banking
Head of Acquisitions & Divestitures

Mr. Woima joins Raymond James from a large bulge bracket global investment dealer where he led a team responsible for all Canadian and select cross border A&D advisory activity. Prior to that, he was head of A&D at a Calgary-based boutique, energy specialist investment dealer. After graduating from the University of Calgary with a Bachelor of Science in Geology in 1992, he spent the first half of his career in progressively senior roles within oil and gas companies before shifting his career to A&D investment banking. Mr. Woima is also a graduate of the Executive MBA Americas program, a Cornell-Queen’s partnership, earning MBA degrees from Queen’s and Cornell Universities.