We apply the alchemy of institutional quality due diligence, analysis, governance and creative thinking to entrepreneurial opportunities.

Work

Phil is the Executive Chairman and Founder of the Ayrshire  Group, a Calgary-based private investment firm. A principal  focus of Ayrshire’s business has been investing in commercial  real estate as well as property technology companies and  related operating businesses. Phil was also one of the founders  of ARC Financial Corporation in 1989, and among other  businesses in the energy sector is Canada’s largest energy  private equity firm and has over $6 billion of capital under  management. He held various senior management positions in  the company including President and CEO. Phil has extensive  equity investment, corporate advisory, and direct investment  management experience.  

Phil has served on the boards of approximately 20 corporations.  He was President for Alberta and International Director of the  North American Society for Corporate Planning. He is a  recipient of the Warren Bennis Award for Leadership Excellence  as well as the Pinnacle Award for achievement in  entrepreneurship. He has co-authored a book published by  McGraw Hill entitled “In Search of Leadership – How Great  Leaders Answer the Question “Why Lead?”  

Phil has also been active in philanthropy and has served on a  number of community organizations and foundation boards. He  is a Co-Founder of The Impact Investment Forum (IIF) (formerly  Pacific Impact Investor Network) and S3I (Sauder Centre for  Social Innovation and Impact Investing) at UBC Sauder School  of Business as well as an Advisor at the Sauder Business  School Advisory Board. He was Chairman of the Canadian  Institute of Natural and Integrative Medicine and has been 

increasingly involved in philanthropic projects overseas through  the Swift Family Foundation.  

Phil holds an MBA from the University of British Columbia, as  well as a Bs.C. in Math and Philosophy.

Work

Mr. Rosenfeld has 20+ years of experience in the finance, oil & gas, and engineering industries. He joined Ayrshire in 2017. Prior to Ayrshire, Mr. Rosenfeld was Chief Financial Officer of Beringer Energy Inc., a private equity backed junior oil & gas company. At Beringer, he led all financial operations, treasury, corporate planning, and corporate development.

Prior to joining Beringer, Adam was a Director of corporate finance, most recently with RBC Capital Markets. Over his eight-year tenure in investment banking he counselled organizations and boards on mergers and acquisitions, capital raising, restructurings, and strategic investments.  Over that period, he has was involved in over $20 billion of mergers and acquisitions, and $5 billion of equity and debt financings in Canada and internationally. Prior to investment banking, Mr. Rosenfeld was an oil field services engineer with Halliburton Energy Services.

He holds a Bachelor of Mechanical Engineering degree with a minor in Aerospace from McGill University and a Masters of Business Administration from the Ivey School of Business. He is a CPA, CMA charter holder.

Work

Mr. Kennedy joined Ayrshire in 2009. His unrelenting focus has been to create value and mitigate risk in the portfolio. Prior to joining Ayrshire, Mr. Kennedy was a founding member in an organization that acquired and managed a large privately held real estate portfolio. With this organization Mr. Kennedy was involved with the acquisition and management of over $1.0 billion of commercial real estate and a portfolio of over 70 properties. Mr. Kennedy has a Bachelor of Arts from Wilfred Laurier University and a Law Degree(LLB) from the University of Calgary.

Work

Mr. Gooch joined Ayrshire in 2014 after moving back to Canada from London and Hong Kong where he completed graduate school and worked at Forum Partners, a global real estate investment and asset management firm recognized for investing in and alongside public and private real estate companies. He is an MBA alumni of the London Business School and Hong Kong UST with undergraduate experience at the University of Alberta and the University of British Columbia.

Prior to working abroad, Mr. Gooch acted as a fiduciary to a Canadian pension fund in his role as Director of Portfolio Investments at GWL Realty Advisors. Together with senior management, his team held national accountability for asset management, property management, leasing, valuation and reporting initiatives on a $6.0 billion portfolio of operating assets. He also contributed to the preparation and presentation of investment committee documentation for $1.5 billion of transactions and developments.

Presently Mr. Gooch oversees developments, deal origination and underwriting.

Work

Peter brings over 25 years of experience in the construction industry which includes Contract Law, Financial Reporting, Business Planning, Risk Management, Operations, and Safety. Peter is a certified P Eng. Prior to Ayrshire, Peter worked as the Alberta VP for a multi-billion-dollar General Contractor where he successfully managed over $1 Billion worth of construction projects in all sectors including, but not limited to: healthcare, multifamily, industrial, commercial, municipal, environmental, civil, bridges and institutional. His wealth of experience in all aspects of the construction industry, is second to none, and is what separates our construction division from the rest of the industry.

Work

Dale has specialized within the field of Project Management, in Design and Construction, for over two decades and more specifically acting directly on behalf of clients since 2006. Dale is PMP and LEED AP certified. Most recently he comes to us from Calgary Municipal Land Corporation where he was acting on behalf of both Calgary Sports and Entertainment Corporation and the City of Calgary. Some of his most notable projects are the Calgary Events Centre, Schulich School of Engineering Expansion & Renovation, and the Suncor Voyageur Fort McMurray 1500 Person Camp Facility. Dale believes in collaborative teams and takes pride in leading successful teams through challenging projects.

Work

Having helped develop billions worth of real estate over his career and with his background in architecture, Jonathan brings measurable value to Ayrshire’s development and project management initiatives including scheduling, scope control, quality assurance, contract administration, risk management, costing, value engineering and stakeholder communications. Jonathan has his B.Arch and is RIBA certified.

Work

Jason Theaker is Ayrshire’s Senior Accountant, CFA, CPA and CA. He is responsible for all things accounting and finance. His duties include financial reporting, budgeting, and forecasting, overseeing effective controls, deal underwriting, due diligence, and investment committee presentations while supporting the broader team in the day-to-day operations of our assets.

Jason strives to be a trusted business advisor to those inside and outside of the Group and takes pride in facilitating cross-department collaboration resulting in strengthened relations and enhanced business effectiveness.

Work

Mike joined Ayrshire in 2021 and is responsible for assisting in deal origination and execution, portfolio and fund management, financial analysis, research initiatives, and various asset management functions across Ayrshire’s real estate investment platforms. 

Prior to joining Ayrshire, Mike was an Analyst with Slate Asset Management assisting in the management of Slates Canadian Real Estate Opportunity Funds I & II. These alternative investment vehicles focused on multi asset class opportunistic investments for global institutional partners. Together with the Alberta team held asset management, leasing, and valuation accountability and assisted in preparation of financial reporting, operational budgets, and corporate and investor reporting packages. 

Mike holds a Bachelor of Commerce from the University of Calgary and is a Chartered Alternative Investments Analyst (CAIA) candidate

Work

Reinaldo joined Ayrshire in 2022 as an asset management associate. His responsibilities include preparing management reports, negotiating leasing agreements, assisting with the creation of operational budgets, and performing financial analysis of Ayrshire’s real estate portfolio. Prior to joining Ayrshire, he worked as a senior research analyst for CRE brokerage JLL, as part of their capital markets and suburban office teams. Prior to that, he worked for financial institutions in Colombia, Israel, and Canada. He holds a Bachelors’ in Economics from Universidad de los Andes (Colombia) and a Master’s in economics (MA) from the University of Calgary.

Work

Fay joined Ayrshire in 2009 taking on full accounting responsibilities for the commercial Ayrshire portfolio. Prior to Ayrshire, Fay worked in the energy industry and quickly transitioned into the Ayrshire equity accounts designing accounting processes for our commercial real estate, industrial services, and hospitality assets.  Fay brings to the team many roles and manages many aspects of our business not just in accounting but with stakeholder and client relations.

Work

Hermione’s incredibly diverse background and experience is what makes her the harmonious fit as Ayrshire’s Office Manager.

Her career stemmed from being headhunted to be an Account Manager for Procter & Gamble, when she was still home in the UK at the young age of 18. After immigrating to Canada, she attended University in British Columbia studying a Bachelor of Tourism Management degree – which led her to being a Manager & Trainer at lululemon athletica, Store Manager of Indigo/Chapters and Front of House Manager of the Boston Pizza Franchise. From here she ventured into the Real Estate world becoming the Office Manager of a Real Estate Appraisal Firm, Property Manager of multi-family residential buildings, and acquiring her Real Estate Trading Services license from the University of British Columbia. Not to mention, she has been running her own business for many years, as an Executive Assistant and Marketing Manager to multiple corporate & real estate professionals.

Hermione came to Ayrshire with the desire to continue using her vast skill set, around very likeminded people –and she couldn’t be happier to be part of this team!

Work

After over seven years of experience in the energy sector, Chad shifted his career to the construction industry. He graduated from SAIT in 2022 with a diploma in Civil Engineering, specializing in Construction Management. Chad has a keen interest in building science and sustainable design and is continuously striving to develop his project management skills.

Work

Jeremiah is responsible for the accounting and financial reporting of multiple properties and development projects across the Ayrshire portfolio. Prior to Ayrshire, Jeremiah worked in Development and Fund Accounting at ICM Asset Management focusing on the preparation of annual financial statements, maintenance of equity schedules, and job cost reporting. Jeremiah holds a Bachelor of Business Administration Accounting from SAIT Polytechnic

Work

Cynthia brings over 25 years of General Construction experience prior to joining Ayrshire. Cynthia worked for many years for one of Canada’s top General Contractors. Her wealth of experience includes but not limited to, Contracts Management and Contract Billings, Project Co-ordination, Project Accounting and Administration.

Work

Lawrence joined Ayrshire Construction Corporation as a Superintendent in 2021. He began his career as a Lather (Interior Systems Mechanic) and obtained his ticket from NAIT. Over 25 years later, he honed his trade, safety, and leadership skills in industrial (Alberta Oil Sands) and commercial construction. 

Before Ayrshire, Lawrence led several teams with integrity and an impeccable safety record on several multi-million-dollar projects. Recently he was the Superintendent for a multi-billion General Contractor and his last project was the 23.8-million-dollar Highlands School Modernization in Edmonton, a LEED project, where crews first demolished a 1954 annex to the school, then built a two-story modern addition including a new gymnasium. 

Lawrence embraces challenges and believes in his team, safety, and collaboration on all projects.

Work

Mia joined Ayrshire in 2022 as Property Accountant, bringing with her 15 years of accounting experience. Prior to joining Ayrshire, she was a Corporate Accountant for OPUS Corporation and was responsible in handling various accounting functions including financial reporting; contract management billing; month-end reviews and payroll processing for various business segments in construction and development projects; corporate matters and property management.

Prior to her work at OPUS, she was an Internal Auditor and was a Branch Manager for one of Philippine’s leading Universal banks with over $16 billion in assets. 

She earned her Bachelor’s degree in Accountancy from Ateneo de Naga University and an internationally designated Certified Public Accountant (Philippines). She also finished a diploma in Accounting and Payroll in Calgary, Alberta with academic excellence award and a member of the National Payroll Institute of Canada as a certified Payroll Compliance Practitioner.  

Work

Ingrid began her association with Ayrshire by marriage: wife to Ian Kennedy. Having always worked with Ian in other small businesses it seemed natural to continue the adventure.

Trained in Planning, Development and Design Ingrid has always had great enthusiasm to help others fulfill their vision through renovations. With Ayrshire she looks after the TI work at Park Centre and Hotel in Sherwood Park. As Property Manager she speaks with tenants about any concerns they have. She also manages the 40-room boutique hotel located inside Park Centre. She would say “I wear many hats, but I love the variety of work”.

Work

Ramona joined Ayrshire in 2017 along with the purchase of Abbottsfield Shoppers Mall in Edmonton, AB.  Ramona has been involved in property management since 2012. She was responsible for the payables, reporting, accounts receivable, tenant relations, and day to day operations for 6 commercial properties. Ramona is still working at the shopping centre which is newly renovated and renamed to Riverview Crossing.  She has been engaged in the renovations, construction of new tenant builds, day to day operations, of the shopping center and assists with other Ayrshire properties.

Work

Hailey joined Ayrshire as an intern analyst in September 2022 from the University of Calgary Haskayne BComm Co-operative Education Program. She is responsible for helping source and analyze market research to support Ayrshire’s investment committee on proposed multi-family development opportunities and commercial acquisitions.  Hailey is currently in her fourth year of post-secondary studies, working towards a Bachelor of Commerce Honours Degree with a Psychology Minor from the University of Calgary.