Our Team

Meet the team behind Capital Direct I Income Trust, a dedicated, award-winning group of experts with nearly 30 years of experience in the mortgage industry.

Our disciplined, risk-managed approach has delivered consistent and reliable returns through every market cycle.

Our team’s work was recognized at the 2025 Canadian Canadian Hedge Fund Awards, earning 1st place for Best 10 Year Return and 3rd place for Best 1 Year Return in the Mortgage category.

Capital Direct I Income Trust — 1st Place Best 10 Year Return, Canadian Hedge Fund Awards 2025
 
 

Leadership

Richard F.M.Nichols, President, Managing Director & Director | Capital Direct I Income Trust

Richard F.M.Nichols

President, Managing Director & Director

Richard is a Founding Partner and President of Capital Direct Lending Corp. (CDLC) and is a director of Capital Direct I Income Trust.

During his tenure, CDLC has evolved from a Vancouver-based company into an inter-provincial organization. Richard oversaw CDLC’s expansion into new markets across Canada.

Derek R. Tripp, President, Managing Director & Director | Capital Direct I Income Trust

Derek R. Tripp

Managing Director & Director

Derek is a Founding Partner and Vice President of CDLC. Derek brings over 25 years of financial experience to CDLC. He has underwritten over $300 million in mortgages and specializes in builder’s mortgages.

During his tenure at CDLC, Derek has been instrumental in expanding the company into new Provinces throughout Canada.

Timothy P.J. Wittig, Vice President & Director | Capital Direct I Income Trust

Timothy P.J. Wittig

Vice President & Director

Tim joined CDLC in 2010 and brings over 25 years of business experience to the organization. Tim and a partner founded Shaftebury Brewing Company (Shaftebury) in Vancouver.

He was instrumental in establishing Shaftebury as one of the most successful craft breweries in the Pacific Northwest. Since 1998, Tim has been a licensed mortgage broker and is an active member in various mortgage professional organizations across Canada.

Barbara Insley, Chief Compliance Officer & Chief Operating Officer | Capital Direct I Income Trust

Barbara Insley

Chief Compliance Officer & Chief Operating Officer

Barbara joined Capital Direct in 2019 bringing with her 25 years of experience in the financial services industry.

Barbara practiced securities and corporate/commercial law in Vancouver, primarily acting for investment dealers and publicly traded issuers, until 2000, when she joined what would become TMX Group. At TMX Group, Barbara was Director of Compliance & Operations for TSX Venture Exchange.

 
 

Investment Team

Éire Gorman, VP Operations, Exempt Market Dealing Representative | Capital Direct I Income Trust

Éire Gorman

VP Operations, Exempt Market Dealing Representative

Éire Gorman is Vice President of Operations at Capital Direct, where she supports the day-to-day running and growth of the business across investor relations, HR, and internal operations.

She is also licensed as an Exempt Market Dealing Representative and works directly with investors, helping them understand private mortgage investments and how they fit within a broader portfolio. Éire has been with Capital Direct for nearly eight years and holds an MBA from UBC Sauder School of Business. Outside of work, she enjoys spending time at the gym and travelling whenever she can.

Dervil Cotter, Exempt Market Dealing Representative | Capital Direct I Income Trust

Dervil (Dearbhail) Cotter

Supervisor of Income Trust Operations, Exempt Market Dealing Representative

Dervil joined Capital Direct in 2020 as an Investment Sales Associate and has since progressed into a supervisory role, where she supports team development and oversees key aspects of the Trust’s operations.

Originally from Ireland, she holds a Bachelor of Science (Honours) in Economics and Mathematical Sciences from the University of Limerick. Following graduation, she worked with a Dublin-based boutique investment firm Kinsale Capital Management, whose fund has received multiple nominations for top-performing hedge funds in Europe. Dervil brings a strong analytical foundation to her work, complemented by a people-focused approach to client relationships.

Aaron Narayan, VP Operations, Exempt Market Dealing Representative | Capital Direct I Income Trust

Aaron Narayan

Regional Vice President, Sales, Western Canada

With 20 years of experience in Financial Services and over 8 years as Regional Vice President at Capital Direct I Income Trust, Aaron has contributed to the growth of the Income Trust developing and nurturing relationships with IIROC and EMD Advisors.

He employs a range of strategies to engage and educate advisors, including one-on-one meetings and branch presentations maintaining a high level of product knowledge and working closely with Compliance to ensure that all regulatory and registration requirements are met. Prior to joining Capital Direct I Income Trust, Aaron held positions with an Online Brokerage and two large Canadian Insurance Firms.

Don Sutton, Exempt Market Dealing Representative | Capital Direct I Income Trust

Don Sutton

Regional Vice President, Sales, Western Canada

Don joined Capital Direct, as the Regional Vice President, Investment Sales for BC, Alberta, Saskatchewan and Manitoba working on raising capital for the Income Trust in December of 2024.

He brought with him 25 years of investment experience on the wholesaling side of the business. He studied at Arizona State University and completed his Major in Marketing with a degree Bachelor of Science. Don has had various roles over his 30 years in the industry, including Marketing, Advising, and Wholesaling within the Investment Industry.

Don runs a very proactive sales team, identifying, developing, and maintaining relationships and partnerships throughout the Western Canadian Region with a focus on Family offices, Private Clients and the Advisor communities.

Gord Ross, VP Operations, Exempt Market Dealing Representative | Capital Direct I Income Trust

Gord Ross

Regional Vice President, Sales, Central Canada

Gord Ross joined Capital Direct Management Ltd. as the Regional Vice President, Sales for Central Canada in November 2024. Gord works closely with some of Canada’s best & brightest Investment Advisors, those who see the value that Alternative Investments, like the Capital Direct I Income Trust, can bring to their investment portfolios.

With 25+ years of experience in the asset management industry, the majority of which has been spent in direct sales, or sales leadership roles, Gord’s insights and thought leadership are valued by the advisory teams that he works with.

Gord is a graduate of the University of Western Ontario with a major in Economics, and he also has his Certified Financial Planner (CFP) designation.

 
 
 
 

Share in the success we’ve built since 2006

Speak to our Investment Team to find out if Capital Direct I Income Trust is suitable for your portfolio.

Get Started