Managing Director
Joined: 2002
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Ali joined DRI Capital in 2002 and is a member of the firm's Investment Committee and Valuation Committee. Ali is responsible for leading the firm's new business and fund initiatives, and serves as the President and CEO of Ballast Healthcare Partners Inc., the public equity investment division of DRI Capital. During his time at DRI Capital, Ali has held significant roles in investor relations, asset identification and research, financial modeling and deal structuring. Through such roles Ali has developed a detailed view of all elements of the royalty acquisition process and a broad understanding of the global biopharmaceutical industry. Prior to joining DRI Capital, Ali served as Business Development Manager at Inwest Investments Ltd. (now Persis Holdings) where he evaluated over 70 venture capital investments. Ali began his career at the Claremont Technology Group as a consultant specializing in the design and implementation of enterprise resource planning and supply chain management systems. He later co-founded a spin-off company from the Massachusetts Institute of Technology which developed and commercialized technology used in the production of spherical metal powders. Ali holds a B.A. in Physics from Reed College, a B.Sc. in Engineering and Applied Science from the California Institute of Technology, a M.Sc. in Mechanical Engineering from the Massachusetts Institute of Technology and an MBA from the Richard Ivey School of Business, University of Western Ontario. Ali has appeared as a market commentator on the Business News Network in Toronto.