Arif Bhalwani’s Vision with Third Eye Capital
In a captivating interview with CanadianSME Small Business Magazine, Arif Bhalwani, the visionary behind Third Eye Capital (TEC), revealed the intricate tapestry of his entrepreneurial journey. Launching TEC in 2005, Bhalwani, alongside co-founder David G. Alexander, sought to address the unmet financial needs of Canada’s “high-risk” mid-market firms, often sidelined by traditional banking norms. Through TEC, they not only provided capital but also became strategic allies, offering wisdom and guidance. Bhalwani’s deep insights into the evolving financial landscape underscore the potential of private debt to reshape Canada’s economic future, highlighting its role in spurring business innovation and growth.
CEO Spotlight: Investor Arif Bhalwani Harnesses Alternative Capital to Grow Companies, Create Prosperity
Arif Bhalwani, a leading Canadian investor and entrepreneur, is CEO of Third Eye Capital, an alternative capital provider which he co-founded in Toronto in 2005. In this interview with the CEOWORLD Magazine, he reflects on the Canadian business lending market, his career path and shares his insights about achieving success and overcoming adversity.
How higher interest rates have sparked ‘magic’ in private credit
While major central banks’ aggressive rate-hiking campaign over the past year and a half has posed a challenge for public markets, it’s also created compelling opportunities in the North American private credit space.
Shaping the future of genetic testing for cancer patients
Refugees from Uganda, Arif Bhalwani and his family were part of a mass exodus of nearly every Ugandan of South Asian descent in 1972. Five years later, after a traumatic journey filled with fear and uncertainty, they were given asylum in Canada and moved to Toronto where they diligently worked to establish themselves and create firm roots. Embracing the cultural values of generosity and service to humanity, the Bhalwani family pledged to show their gratitude by giving back with life-saving philanthropy to the country that they now call home.
Private Credit in US and Canada
Arif Bhalwani, CEO of Third Eye Capital, joins to give his outlook for private credit’s boom in the US and Canada in 2024. Hosted by Paul Sweeney and Lisa Mateo.
Le rôle incompris de la dette privée
Répondant aux besoins d’un segment de marché mal desservi, les fonds de dette privée, qui offrent des solutions de financement sur mesure là où les banques traditionnelles sont limitées, peuvent pourtant être étiquetés comme étant fondamentalement plus risqués. Certains commentaires récents des médias semblent faire du sensationnalisme concernant ces risques, en se concentrant sur des cas isolés de fraude et en sous-estimant le rôle crucial que jouent les conseillers en investissement dans la prise de décision éclairée des investisseurs particuliers.
Private credit: the lifeline for pension funds in a ‘higher for longer’ landscape
In its October 2023 monetary policy meeting, the Bank of Canada (BoC) held its overnight rate steady at five per cent. This move, coupled with the backdrop of five per cent year-over-year wage growth and a three-month annualized underlying inflation rate of 3.5 per cent, hardly came as a shock. In the tail end of last year, BoC signaled a willingness to further tighten if inflationary pressures persist, fueling a ‘higher for longer’ narrative that has catapulted the Canadian 10-year yield to its highest level since 2007.