Private Debt Funds

We provide updates on three Ninepoint funds: the Ninepoint Canadian Senior Debt Fund, the Ninepoint Third Eye Capital Fund and the AIP Convertible Private Debt Fund. 

Things are going from bad to worse for Third Eye, with a loan wipeout and the loss of a key lieutenant.

Victims of this $200m fund implosion include Kensington Capital for $2.5m and Micheal Lee-Chin's Mandeville Private Client.

How TEC managed to lend money to a borrower that went into creditors' protection twice under its watch.

Stuck in the middle with Third Eye's half-seeing king.

A $200m acquisition seems to be a shell of its former self.

A slow motion train wreck seems to be in progress.

Background notes on the founder of Wellington Financial and former top honcho of CIBC Innovation Banking.

This is a detailed analysis of the Ninepoint-Third Eye Capital fund, primarily of interest to its investors.

Clearco has raised $23.4m on the d-low.

We found another instance where Arif Bhalwani was somehow dragged into the aftermath of fraud.

Third Eye Capital's CEO Arif Bhalwani has an interesting history of litigation.