About Maxam

Maxam Capital Management Ltd. is an independent alternative investment management firm located in Vancouver, Canada 

Our Philosophy

Maxam was founded with the philosophy that an active, opportunistic and disciplined approach to investing provides the best opportunity for the generation of long-term positive returns through a variety of market environments. Maxam launched the Maxam Diversified Strategies Fund in 2009 and the Maxam Arbitrage Fund in 2020. Our goal of providing strong risk-adjusted returns to our investors remains core to our investment philosophy and approach today.

We believe that investment managers should be directly aligned with their clients. Maxam’s partners, employees and families are significant investors in our fund – this means our interests are directly aligned with our investors.

Our portfolio of holdings is actively constructed from the bottom-up with a focus on both reward and risk.  We seek to invest in companies where we have identified fundamental value, or hidden value,  and an associated catalyst or event that will unlock that value.

We endeavor to take advantage of opportunities related to company-specific events, catalysts and market volatility.

We enjoy the flexibility of being able to employ a variety of strategies and techniques to generate returns and manage risk.

Our Team

Our team of professionals possess a diverse background of skills and experience in the capital markets.

Travis Dowle, CFA

President & Fund Manager

Travis began his career in 1996 with MK Wong & Associates, which was later acquired by HSBC Asset Management. Travis left HSBC in 2007 to lead public market investments for a family office/private investment group, before he founded Maxam in 2009. Travis is a graduate of the University of Western Ontario, holds the Chartered Financial Analyst (CFA) designation and is a past guest instructor for Stalla’s CFA exam preparation course.

604 685 0201 x 106

Colton Cyr, CIM


Colton is an Associate with Maxam Capital Management Ltd. supporting the firm’s client relationships as well as the sales and business development initiatives. Colton comes from a wealth management background with Raymond James Ltd. and is Chartered Investment Manager (CIM®) designation holder. He earned a B. Sc. while attending American International College (Massachusetts) on a full NCAA Division 1 Hockey Scholarship and the University of Victoria.

604 685 0201 x 109

Brian Hikisch, CFA

Fund Manager

Brian joined Maxam in 2016 and holds over a decade of investment industry experience. Prior to Maxam Brian was an investment analyst at a long/short equity fund, and also worked in investment banking at National Bank Financial and Equity Research at Raymond James. Brian is a graduate of the University of British Columbia with a Bachelor of Commerce degree (Major in Finance) and holds the Chartered Financial Analyst (CFA) designation.

604 685 0201 x 113

Amy Chan

Office Manager

Amy is responsible for managing the administration of the office. Amy brings more than a decade of office management experience to Maxam, including previous experience in the real estate, resource and technology industries.

604 685 0201

Ben Macfadyen, CFA


Ben is responsible for managing operations and compliance for the firm. Prior to joining Maxam, Ben served as Chief Operating Officer for a Toronto-based event driven hedge fund with a focus on arbitrage strategies, and more recently as an institutional equity trader with CIBC World Markets in Vancouver. Ben holds the Chartered Financial Analyst (CFA) designation and graduated from the University of British Columbia with a Bachelor of Commerce degree (Major in Finance).

604 685 0201 x 114


Travis Dowle
Sean Morrison