![D. Lay](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
D. Lay
Director/Board Member at
PINNACLE RENEWABLE ENERGY INC.
Net worth: 356 930 $ as of 31/05/2026
Profile
Michael David Lay is currently an Independent Director at Pinnacle Renewable Energy, Inc. since 2012, Managing Partner at ONCAP Investment Partners, Inc. since 2000, and Executive Chair at ONCAP Management, Inc. starting in 2026.
Former roles include Director at BMONT Split Corp.
and Armtec Holdings Ltd., Portfolio Manager at Ontario Teachers' Pension Plan Board from 1991 to 1994, Vice President-Merchant Banking at Ontario Teachers' Pension Plan Board from 1997 to 2000, Senior Manager at Ernst & Young LLP from 1983 to 1991, Trustee at Armtec Infrastructure Income Fund from 2004 to 2011, Head of Fixed Income Syndication at Scotia Capital, Inc. (Broker), and Chief Operating & Finance Officer at VERSUS Technologies, Inc. from 1994 to 1997.
Education includes an undergraduate degree from Richard Ivey School of Business conferred in 1983.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
ONEX Corp.
 ONEX Corp. Financial ConglomeratesFinance Operates as a private equity company which invests in several industries 0.01% | 27/02/2026 | 4,470 ( 0.01% ) | 356 930 $ | 31/05/2026 |
D. Lay active positions
| Companies | Position | Start |
|---|---|---|
| PINNACLE RENEWABLE ENERGY INC. | Director/Board Member | 02/05/2012 |
ONCAP Investment Partners, Inc.
 ONCAP Investment Partners, Inc. Investment ManagersFinance Alternative investment manager | Corporate Officer/Principal | 01/06/2000 |
ONCAP Management, Inc.
 ONCAP Management, Inc. Investment ManagersFinance ONCAP invests in small and mid-sized companies located in North America with an enterprise value of USD 50 - 500 million and EBITDA excess of USD 5 million. The firm focuses on the consumer, industrial and services sectors. It participated in buyout and acquisition capital requirement transactions with an investment size of USD 20 - 250 million. It acquires controlling and minority interest. | Chairman | 01/01/2026 |
Former positions of D. Lay
| Companies | Position | End |
|---|---|---|
Armtec Infrastructure Income Fund
 Armtec Infrastructure Income Fund Trucks/Construction/Farm MachineryProducer Manufacturing Manufactures and distributes construction materials | Director/Board Member | 04/01/2011 |
BMONT Split Corp.
 BMONT Split Corp. Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust | Director/Board Member | 07/08/2009 |
Ontario Teachers' Pension Plan Board
 Ontario Teachers' Pension Plan Board Investment ManagersFinance OTPPB is an active, global investor which seeks to achieve superior returns and manage related risks to ensure the long-term sustainability of the pension plan. With board oversight, the plan's management manages both the policy and asset mix together under their expanded OneTeachers' total-fund strategy. They invest strategically across key markets and sectors to deliver steady returns. | Corporate Officer/Principal | 31/05/2000 |
VERSUS Technologies, Inc.
 VERSUS Technologies, Inc. Investment Banks/BrokersFinance Provides electronic securities trading services to the Canadian marketplace | Director of Finance/CFO | 31/05/1997 |
Ontario Teachers' Pension Plan Board
Ontario Teachers' Pension Plan Board Investment ManagersFinance OTPPB is an active, global investor which seeks to achieve superior returns and manage related risks to ensure the long-term sustainability of the pension plan. With board oversight, the plan's management manages both the policy and asset mix together under their expanded OneTeachers' total-fund strategy. They invest strategically across key markets and sectors to deliver steady returns. | Portfolio Manager-Equities | 31/05/1994 |
Training of D. Lay
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
88
1st degree connections
10
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 10 |
|---|---|
Ontario Teachers' Pension Plan Board
Ontario Teachers' Pension Plan Board Investment ManagersFinance OTPPB is an active, global investor which seeks to achieve superior returns and manage related risks to ensure the long-term sustainability of the pension plan. With board oversight, the plan's management manages both the policy and asset mix together under their expanded OneTeachers' total-fund strategy. They invest strategically across key markets and sectors to deliver steady returns. | Finance |
Ernst & Young LLP
 Ernst & Young LLP Miscellaneous Commercial ServicesCommercial Services Provides assurance, auditing, tax, legal, technology and consulting & managed services | Commercial Services |
Armtec Infrastructure Income Fund
Armtec Infrastructure Income Fund Trucks/Construction/Farm MachineryProducer Manufacturing Manufactures and distributes construction materials | Producer Manufacturing |
BMONT Split Corp.
BMONT Split Corp. Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust | Miscellaneous |
VERSUS Technologies, Inc.
VERSUS Technologies, Inc. Investment Banks/BrokersFinance Provides electronic securities trading services to the Canadian marketplace | Finance |
ONCAP Investment Partners, Inc.
ONCAP Investment Partners, Inc. Investment ManagersFinance Alternative investment manager | Finance |
Armtec Holdings Ltd.
 Armtec Holdings Ltd. Finance/Rental/LeasingFinance Manufactures septic tanks | Finance |
ONCAP Management, Inc.
ONCAP Management, Inc. Investment ManagersFinance ONCAP invests in small and mid-sized companies located in North America with an enterprise value of USD 50 - 500 million and EBITDA excess of USD 5 million. The firm focuses on the consumer, industrial and services sectors. It participated in buyout and acquisition capital requirement transactions with an investment size of USD 20 - 250 million. It acquires controlling and minority interest. | Finance |
Richard Ivey School of Business
 Richard Ivey School of Business Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Pinnacle Renewable Energy, Inc.
 Pinnacle Renewable Energy, Inc. Forest ProductsNon-Energy Minerals Produces and sells industrial wood pellets | Non-Energy Minerals |
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