Our Team

Anthony Couture


Anthony brings his insights on identifying market opportunities as well as his entrepreneur passion to BlackOre. With his extensive prior experience in communications, Anthony also leads BlackOre's institutional sales and partnership programs. Prior to joining BlackOre, Anthony provided technical and creative consultancy services in media and communications to institutions, small business, and non-profit organizations. Anthony holds a Master of Fine Arts (MFA) degree from the University of British Columbia and is currently a candidate of the Chartered Business Valuator (CICBV) program.


Joe Pendleton

Due Diligence Advisory

Joe is a senior investigator and law enforcement administrator. As a former fraud detective with the Edmonton Police Service, Joe was widely considered the preeminent expert on Identity Fraud in Canada and went on to establish and manage Alberta’s Special Investigations Unit (SIU). In private practice as a licensed Private Investigator and security consultant, Joe specializes in background and due diligence investigations as well as investment fraud. Joe brings invaluable experience to BlackOre’s due diligence data collection services, contributing to and maintaining industry setting practices for the BlackOre team. 


Miika Makela, CFA

Corporate Strategy

Miika Makela is one of the early founding members of BlackOre Research. Miika has a background in financial analysis and research. His previous experiences include corporate finance advisory, analytics, investment marketing, quantitative analyst, and sell-side research covering gold exploration and mining companies. Miika has held various research and management positions in the past at CANUS Capital, PI Financial, Russell Investments, among others. Miika holds an MBA from Pacific Lutheran University and is a Chartered Financial Analyst (CFA) charter holder.


Marcel LeeCFA, CAIA, FRM

Quantitative Analyst

Marcel Lee is the former Head of Financial Risk of CMC Markets. Prior to his role at CMC Markets, he was a quantitative analyst at Natixis and part of the FX hybrids risk management desk at J.P. Morgan. Marcel is also pursuing research in the public policy area and in applied mathematics. He holds an MSc in Management and Regulation of Risk from the London School of Economics. BlackOre's research team regularly consults Marcel on issues of risk management, global economics and complex financial structures. Marcel's management experience and connections to the European financial market will help guide BlackOre's future growth prospects.


Ian CarmichaelCFA

Strategic Advisor, Advisory Board

Ian Carmichael has 30 years of senior management experience in technology firms and fund management experience in the venture capital space. He acted as an investment executive for BTG plc, responsible for divesting the company’s then £200 million venture capital portfolio. Prior to his career in finance, he practiced as a civil engineer in the UK, Germany, Switzerland and Southern Africa before gaining an MBA degree from the London Business School. He has international deal-making and management experiences in the UK, US, Continental Europe, Russia and Qatar.