{"id":536567,"date":"2021-09-09T13:03:14","date_gmt":"2021-09-09T17:03:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/"},"modified":"2021-09-09T13:03:14","modified_gmt":"2021-09-09T17:03:14","slug":"leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/","title":{"rendered":"Leading Canadian Private Credit Firm Third Eye Capital Receives Significant Backing From Kudu Investment Management"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">TORONTO<\/span> and <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Sept. 9, 2021<\/span> \/PRNewswire\/ &#8212; Third Eye Capital (Third Eye), a leading\u00a0Canadian private credit firm, is partnering with Kudu Investment Management, LLC\u00a0(Kudu), an independent provider of permanent capital solutions to asset and wealth managers worldwide.\u00a0Kudu is acquiring a minority stake in Third Eye and its affiliates. Terms were not disclosed. <\/p>\n<p>Through a unique combination of flexible capital and strategic and operational insights, Third Eye empowers growing companies that are underserved and underappreciated by other capital sources.\u00a0Founded in 2005 by <span class=\"xn-person\">Arif Bhalwani<\/span> and <span class=\"xn-person\">David Alexander<\/span>, Third Eye currently manages approximately <span class=\"xn-money\">C$2.8 billion<\/span> for a diversified client base of primarily Canadian institutional and high net worth investors. <\/p>\n<p>&#8220;Kudu&#8217;s investment allows us to enhance our already significant alignment with clients and help us launch new funds in the evolving Canadian private credit markets,&#8221; said Bhalwani, Third Eye&#8217;s CEO. &#8220;With our strong track record of helping portfolio companies successfully manage complex change events ranging from extreme distress to hyper growth, Third Eye has become a preferred alternative capital provider for Canadian management teams.&#8221;<\/p>\n<p>&#8220;We chose to partner with Kudu for several reasons, including its permanent capital structure, shared vision, and a cultural alignment that was clear from the moment we met,&#8221; added Bhalwani. &#8220;Kudu&#8217;s preference for minority positions fully aligns with Third Eye&#8217;s growth ambitions, without altering our processes, timelines or continued independence and majority employee ownership.&#8221;<\/p>\n<p>&#8220;There is so much to admire in Third Eye,&#8221; said <span class=\"xn-person\">Rob Jakacki<\/span>, CEO of Kudu. &#8220;Our mission has always been to back extraordinary management teams and provide them the capital and support for their growth. Third Eye has a best-in-class team and a distinctive business model that gives it a unique edge in the expanding alternative credit markets in <span class=\"xn-location\">Canada<\/span>. We are honored to partner with them.&#8221; <\/p>\n<p>With the addition of Third Eye as its first investment in <span class=\"xn-location\">Canada<\/span>, Kudu now has investments in 16 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3284919-1&amp;h=2615613975&amp;u=https%3A%2F%2Fwww.kuduinvestment.com%2Four-valued-partners%2F&amp;a=partner+firms\" rel=\"nofollow noopener\">partner firms<\/a>\u00a0(including two managed for a third party) domiciled in the U.S., <span class=\"xn-location\">Canada<\/span>, the U.K. and <span class=\"xn-location\">Australia<\/span>. Kudu-affiliated asset and wealth managers collectively invest <span class=\"xn-money\">US$91 billion<\/span> (<span class=\"xn-money\">C$115 billion<\/span>) on behalf of individual and institutional investors worldwide in traditional and alternative strategies, as of <span class=\"xn-chron\">June 30, 2021<\/span>. Founded in 2015, Kudu has more than <span class=\"xn-money\">US$650 million<\/span> (<span class=\"xn-money\">C$823 million<\/span>) in capital commitments to date. <\/p>\n<p>RBC Capital Markets served as financial advisor and <span class=\"xn-person\">Bennett Jones<\/span>, LLP was legal counsel to Third Eye. <span class=\"xn-location\">Osler<\/span>, Hoskin &amp; Harcourt, LLP and Seward &amp; Kissel LLP served as legal advisors to Kudu. <\/p>\n<p>\n        <b>About Third Eye Capital <br \/><\/b>Based in <span class=\"xn-location\">Toronto<\/span>, Third Eye Capital is a leading Canadian private credit firm providing tailored financing and value-added operational expertise to its portfolio companies. Since 2005, Third Eye Capital has directly invested more than <span class=\"xn-money\">C$3.5 billion<\/span> in over 100 financings for non-sponsored companies operating across a diverse set of industries, including the sustainability sector, natural resources, technology, financials, healthcare, media, food and hospitality, transports and construction services. For more information, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3284919-1&amp;h=3302480595&amp;u=http%3A%2F%2Fwww.thirdeyecapital.com%2F&amp;a=www.thirdeyecapital.com\" rel=\"nofollow noopener\">www.thirdeyecapital.com<\/a>.<\/p>\n<p>\n        <b>About Kudu Investment Management<br \/><\/b>Kudu provides long-term capital solutions\u2014including generational ownership transfers, management buyouts, acquisition and growth finance, as well as liquidity for legacy partners\u2014to asset and wealth managers globally. Kudu was founded in 2015 and is backed by capital partner White Mountains Insurance Group, Ltd. (NYSE: WTM). For more information, please visit Kudu&#8217;s <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3284919-1&amp;h=473957156&amp;u=https%3A%2F%2Fwww.kuduinvestment.com%2F&amp;a=website\" rel=\"nofollow noopener\">website<\/a>.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY01102&amp;sd=2021-09-09\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management-301372667.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management-301372667.html<\/a><\/p>\n<p>SOURCE  Kudu Investment Management, LLC<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY01102&amp;Transmission_Id=202109091300PR_NEWS_USPR_____NY01102&amp;DateId=20210909\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire TORONTO and NEW YORK, Sept. 9, 2021 \/PRNewswire\/ &#8212; Third Eye Capital (Third Eye), a leading\u00a0Canadian private credit firm, is partnering with Kudu Investment Management, LLC\u00a0(Kudu), an independent provider of permanent capital solutions to asset and wealth managers worldwide.\u00a0Kudu is acquiring a minority stake in Third Eye and its affiliates. Terms were not disclosed. Through a unique combination of flexible capital and strategic and operational insights, Third Eye empowers growing companies that are underserved and underappreciated by other capital sources.\u00a0Founded in 2005 by Arif Bhalwani and David Alexander, Third Eye currently manages approximately C$2.8 billion for a diversified client base of primarily Canadian institutional and high net worth investors. &#8220;Kudu&#8217;s investment allows us to enhance our already significant &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Leading Canadian Private Credit Firm Third Eye Capital Receives Significant Backing From Kudu Investment Management&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-536567","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Leading Canadian Private Credit Firm Third Eye Capital Receives Significant Backing From Kudu Investment Management - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leading Canadian Private Credit Firm Third Eye Capital Receives Significant Backing From Kudu Investment Management - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire TORONTO and NEW YORK, Sept. 9, 2021 \/PRNewswire\/ &#8212; Third Eye Capital (Third Eye), a leading\u00a0Canadian private credit firm, is partnering with Kudu Investment Management, LLC\u00a0(Kudu), an independent provider of permanent capital solutions to asset and wealth managers worldwide.\u00a0Kudu is acquiring a minority stake in Third Eye and its affiliates. Terms were not disclosed. Through a unique combination of flexible capital and strategic and operational insights, Third Eye empowers growing companies that are underserved and underappreciated by other capital sources.\u00a0Founded in 2005 by Arif Bhalwani and David Alexander, Third Eye currently manages approximately C$2.8 billion for a diversified client base of primarily Canadian institutional and high net worth investors. &#8220;Kudu&#8217;s investment allows us to enhance our already significant &hellip; Continue reading &quot;Leading Canadian Private Credit Firm Third Eye Capital Receives Significant Backing From Kudu Investment Management&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-09T17:03:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY01102&amp;sd=2021-09-09\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Leading Canadian Private Credit Firm Third Eye Capital Receives Significant Backing From Kudu Investment Management\",\"datePublished\":\"2021-09-09T17:03:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\\\/\"},\"wordCount\":572,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY01102&amp;sd=2021-09-09\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\\\/\",\"name\":\"Leading Canadian Private Credit Firm Third Eye Capital Receives Significant Backing From Kudu Investment Management - 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Terms were not disclosed. Through a unique combination of flexible capital and strategic and operational insights, Third Eye empowers growing companies that are underserved and underappreciated by other capital sources.\u00a0Founded in 2005 by Arif Bhalwani and David Alexander, Third Eye currently manages approximately C$2.8 billion for a diversified client base of primarily Canadian institutional and high net worth investors. &#8220;Kudu&#8217;s investment allows us to enhance our already significant &hellip; Continue reading \"Leading Canadian Private Credit Firm Third Eye Capital Receives Significant Backing From Kudu Investment Management\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/","og_site_name":"Market Newsdesk","article_published_time":"2021-09-09T17:03:14+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY01102&amp;sd=2021-09-09","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Leading Canadian Private Credit Firm Third Eye Capital Receives Significant Backing From Kudu Investment Management","datePublished":"2021-09-09T17:03:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/"},"wordCount":572,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY01102&amp;sd=2021-09-09","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/leading-canadian-private-credit-firm-third-eye-capital-receives-significant-backing-from-kudu-investment-management\/","name":"Leading Canadian Private Credit Firm Third Eye Capital Receives Significant Backing From Kudu Investment Management - 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