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The Firm

A practice built on
restraint and rigour.

Maryana Capital Inc. is a Canadian boutique investment firm. We work with a limited number of private clients, family offices, and institutional trustees on the design and stewardship of gold-focused option strategies.

A single 1 kilo fine gold ingot standing on burgundy velvet, illuminated by a single warm spotlight.
1 KILO · 999.9
EST. 2016

Mission

To preserve and grow Canadian wealth through disciplined gold strategy.

Every mandate begins and ends with the client's real-world objectives — not a product suite.

Vision

A quieter, more considered kind of wealth firm.

We measure success in decades: cross-cycle resilience, defended downside, and the confidence of families we serve.

Values

Craft. Candour. Continuity.

Craft in construction, candour in counsel, and continuity across the generations of capital we steward.

A Short History

Two decades of gold discipline.

2015
First movement

The founding partners meet on a Toronto precious-metals desk.

2011
The gold thesis

A shared conviction crystallises: options give clients elegance in gold exposure.

2016
The practice is founded

Maryana Capital Inc. opens in Toronto with three founding families.

2020
Research desk expands

Dedicated gold and precious-metals research capability established in Toronto.

2024
Institutional mandate

First discretionary institutional gold-options mandate is awarded.

Today
By quiet invitation

A limited practice, deliberately capped, serving discerning Canadian capital.

Leadership

Senior counsel. Every seat.

Maryana is deliberately partner-led. Every client relationship is guided by a founding partner with more than two decades of experience across precious-metals trading, structured products, and family-office advisory.

AH
Ali Hedayat
Founder & Managing Partner · Toronto
AM
Alexandre Marchand
Managing Partner · Toronto
PR
Priya Ramanathan
Partner · Head of Options Strategy
ÉR
Étienne Rousseau
Partner · Institutional Mandates
SW
Sarah Whitfield
Partner · Client Strategy
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