Executive Limited Partners

Executive Limited Partners

Yaletown’s Executive Limited Partners (“ELPs”) are investors who form part of Yaletown’s network of resources within the regional technology community. In addition to being valuable sources of new deal flow, the ELPs have executive management or investing experience in the technology industry and are available for Yaletown’s portfolio companies as a resource. While they do not participate in the management or operations of Yaletown, our ELPs are also called upon to contribute from time to time when the Yaletown General Partners are performing due diligence on potential investments.  The bios of some of our ELPs are listed below.

  • Colin C. Harris
    PMC Sierra

    Colin C. Harris

    Chief Operating Officer of PMC-Sierra

    Colin is Chief Operating Officer of PMC-Sierra Inc. Colin is a founder of PMC-Sierra, has served as Vice President, Chief Operating Officer since February 2007. Prior to this appointment, he served as Vice President of Worldwide Operations at PMC-Sierra from July 2004 and Vice President of IC Technology from May 1997 to July 2004. Colin is an elected member of the Global Semiconductor Association Board of Directors and serves on the advisory board of the Design for E-Beam (DFEB) initiative. Colin currently also serves on the board of directors for Yaletown portfolio company Redlen Technologies.

  • Steven Hnatiuk

    Steven Hnatiuk

    Co-founder and Executive Limited Partner

    Steve co-founded Yaletown Venture Partners in 2001. He has 20 years' experience in technology, business development, and private investment. Active as an investing partner at Yaletown until his departure in 2010, Steve led Yaletown’s investments in Partnerpedia, Genologics, and Mixpo - which in 2009 was named to the OnMedia 100 list of the most promising private digital media companies in North America. Steve's other venture/angel investments have included successes such as ActiveState, acquired by Sohpos in 2004, and Bycast, acquired by NetApp in 2010. Prior to co-founding Yaletown, Steve started and built TD Bank's technology financing group in BC where he backed a portfolio of emerging technology companies during the 1990s – a formative decade in the region’s technology industry. Steve began his career as a software engineer with Accenture and served as an executive in the Technology & Entertainment group at PricewaterhouseCoopers. Active in industry and community, Steve is on the boards of DigiBC, the Canadian Venture Capital & Private Equity Association, Science World’s Capital Cabinet, the Pacific Parklands Foundation, the provincial riding Executive for BC’s Minister of Finance, and is on the editorial boards of Canadian Private Capital magazine and Business in Vancouver newspaper. He is a graduate of the University of British Columbia and British Columbia Institute of Technology magna cum laude.

  • Evan Hu

    Evan Hu

    Director, Ideaca

    Evan Hu co-founded and was co-CEO of the technology consulting firm OmniLogic, which grew to over 500 staff in five offices across Canada before being acquired in 1998 by PriceWaterhouseCoopers. He was one of the original founders of MapleMusic, now Canada's largest independent music publisher and distributor, MapleCore.  Mr. Hu was one of founding team and Chairman of the charity UEnd, and presently is founder and partner at Ideaca, a management and technology consulting firm. Mr. Hu is a certified executive coach working with entrepreneurs, executives and senior managers of start-up and high growth enterprises and teaches the Venture Launch course at the Mount Royal University Bissett School of Business.  He is also a member of the A100, a non-profit, member-funded organization of tech entrepreneurs and executives, interested and dedicated in helping Alberta’s next generation of innovative start-ups in becoming successful. 

  • Neil Melliship

    Neil Melliship

    Partner, Clark Wilson LLP
    Chair, Clark Wilson LLP Technology and Intellectual Property Practice Group

    Neil is a Partner and the Chair of Vancouver-based Clark Wilson LLP's Technology and Intellectual Property Practice Group.  His practice includes outsourcing and complex licensing and alliance transactions in the information technology sector as well as counselling clients on identifying, protecting, enforcing and commercializing their trademark, domain name, copyright, trade secret and other valuable intellectual property rights, and performing intellectual property due diligence in merger, acquisition and financing transactions.  Neil is listed in the 2011 edition of The Best Lawyers in Canada in the area of Technology Law.  His clients include a wide array of computer software developers, hardware and electronics manufacturers, major financial and insurance service providers, public bodies and other businesses involved in developing, commercializing, acquiring and implementing information technology-based products and services. He is a long standing member of the British Columbia Technology Industries Association, the International Trademark Association and the Intellectual Property Institute of Canada.  Neil lectures at programs and conferences on various topics relating to licensing, electronic commerce and intellectual property due diligence, protection and enforcement.

  • Eric Patel

    Eric Patel

    Executive Limited Partner

    Eric Patel was first elected to the Ritchie Bros. Board in 2004. Mr. Patel has extensive business and financial experience, most recently as CFO of Pembrook Mining Corp. (formerly Paget Resources Corporation), a private mining company that he left in 2010. Prior to that Mr. Patel acted as the CFO of Crystal Decisions, Inc., a privately held software company. Mr. Patel joined Crystal Decisions in 1999 after holding executive level positions, including that of CFO, with University Games, Inc., a privately held manufacturer of educational toys and games. Before 1997, Mr. Patel worked for Dreyer’s Grand Ice Cream as Director of Strategy, for Marakon Associates strategy consultants and for Chemical Bank. Mr. Patel sits on the Advisory Board of ACL Services Ltd, the board of Daiya Foods Inc. and is treasurer of B.C. Social Ventures Partners, a not for profit-organization. Mr. Patel holds an MBA degree. Mr. Patel is currently a member of the Audit Committee and is Chair of the Nominating & Corporate Governance Committee.


  • Matthew Peters

    Matthew Peters

    National Leader, Markets
    Partner, Technology Group

    Matthew Peters is the National Leader, Markets and a partner in the Technology Group. In this role, Mr. Peters is responsible for the development of the firm’s overall approach to the marketplace and clients. Mr. Peters also oversees the firm’s industry and client programs, which incorporates the development of client service plans and operation of the firm’s client satisfaction measurement program.

    Mr. Peters is recognized in 2012 The Best Lawyers in Canada as a leading lawyer in the areas of technology law and information technology law and he has been named The Best Lawyers' 2012 Vancouver Technology Law Lawyer of the Year. He also appears in the 2011 Canadian Legal Lexpert Directory, a guide to the leading law firms and practitioners in Canada, as a leading lawyer in the areas of corporate mid-market, technology, computer and IT law and private equity.

    Mr. Peters was the recipient of the 2010 Lexpert Rising Stars: Leading Lawyers Under 40 award for his exceptional leadership and the high level of service he provides to his clients. 

  • Don Safnuk

    Don Safnuk

    President & CEO, Corporate Recruiters

    Don Safnuk is President and CEO of Corporate Recruiters.  He founded Corporate Recruiters in 1980 as one of the first search firms in Canada to focus exclusively on the technology industry and his firm continues to be an established leader in technology search.  Previously he co-founded a financial services firm focused on serving the technology sector and was CEO of a Vancouver-based technology company.

    Safnuk has been active with organizations supporting BC’s technology sector and the community in general for over 20 years. He served on the board of the BC Technology Industries Association (BCTIA) for six years.  Don is a founding partner of BC Technology Social Venture Partners where he served three years as chair and continues on the board of directors. He is also currently on the board of VIATeC, the Vancouver Island Technology Industries Association and a past director of a Vancouver private school and the Vancouver Aquarium.

  • Bijan Sanii

    Bijan Sanii

    President & CEO INETCO

    Bijan has more than 20 years history as a technology industry executive. Prior to joining INETCO, Bijan was Executive Chair at UB Video, which developed one of the key enabling technologies for video over IP. He provided leadership and guidance that culminated in the acquisition of the company by Scientific-Atlanta (now a Cisco company). Prior to UB Video, Bijan was the General Manager of the Infowave’s Imaging Division, where he successfully led a restructuring of the business and generated a record operating profit in 1998. He was later appointed Infowave's Chief Operating Officer and CEO where he worked on Infowave's IPO and negotiating strategic partnership agreements with Intel Corp, Compaq Computer Corporation, and other technology industry leaders. Bijan currently serves on the Board of Directors for ACETECH and The Indus Entrepreneurs (TiE).

  • Keith Spencer
    Fasken Martineau

    Keith Spencer

    Partner, Technology and IP Group

    Keith Spencer is a partner with the Technology and Intellectual Property Group and chairs the Vancouver office's Securities and Technology Business Unit. Keith's clients range from start-up and emerging technology companies to large multi-national technology and telecom companies, and parties in outsourcing transactions. He is a member of various boards and advisory boards for a significant number of private early-stage technology companies. Keith was in-house counsel to the Vancouver-based Wireless Data Group of Motorola, Inc. (formerly MDI Mobile Data International), where he had overall responsibility for its legal affairs. Keith currently acts as counsel for several Yaletown portfolio companies including Genologics Life Sciences, Redlen Technologies, and Indicee Inc.

  • Terry Sydoryk

    Terry Sydoryk

    COO, Evoco

    Terry Sydoryk has more than 20 years of senior management experience in the technology industry, with over 10 years focused on company creation.  Mr. Sydoryk was a co-founder of Calgary-based AudeSi Technologies Inc, which was acquired by WindRiver Systems in 2000.  He then joined the leadership team of Toronto-based Plazmic Inc. as COO, which was acquired by Research in Motion in 2002.  He returned to Western Canada and has been active in the Calgary Technology sector as an advisor, board member and Angel Investor.  He is a founding member of the A100.

    An engineer/MBA, Mr.Sydoryk began his career with Nortel and worked in the areas of Finance, Product Management and Business Development.  He is currently active as a member of the Calgary Board of Directors for Kids Up Front, and coaches competitive hockey in the Calgary area.

  • Andy Wright

    Andy Wright

    Executive Limited Partner

    Andy co-founded and was the CTO of Datum Telegraphic Inc., a company specializing in signal processing solutions for third generation wireless systems. Upon the company’s acquisition by PMC-Sierra, Andy became Director of Wireless and Signal Processing Product Research and IPR management, where his attention was focused on sustaining wireless technology development, and management of the intellectual property and patent program. Currently, Andy is a director of Actenum, Zymeworks Inc., and Pharos Capital. Andy holds a Ph.D. in Microwave Engineering, has published numerous research papers, and has been awarded more than 30 patents.

  • Brad Zumwalt

    Brad Zumwalt

    Executive Limited Partner

    Brad Zumwalt has been growing technology companies for over 20 years. In 1989, he joined Image Club Graphics and led the Company until in 1994 when it was acquired by Aldus Corporation, which in turn was acquired by Adobe Systems.  Over the next four years he led Adobe’s worldwide visual content team through sustained revenue growth exceeding $40 million dollars.  In 1998, Mr. Zumwalt founded EyeWire.com, an on-line visual content and design company. Eyewire was successfully acquired by Getty Images.  In 2000, Mr. Zumwalt was a founding partner of Social Venture Partners Calgary, a unique non-profit funding partnership that combines a venture capital approach with local philanthropy.  In 2001, he founded Veer Incorporated where he is Chairman and President. In 2007 Veer was successfully acquired by Corbis, a privately held company of Bill Gates.  Mr. Zumwalt is also a founding member of the A100.