Catalyst Capital’s Mark Horrox joins Third Eye Capital as prinicipal

Third Eye Capital Corp has appointed Mark Horrox as a principal. Prior to joining the firm, Horrox was a vice president at Canadian distressed private equity firm Catalyst Capital Corp. He also previously worked at U.K.-based Bluecrest Capital Management. Third Eye Capital has also appointed Dev Bhangui as vice president of investments and promoted Algis Vaitonis and Jonathan Norris to principals. Based in Toronto, Third Eye Capital is provider of private secured loans for under-appreciated mid-market companies. It makes investments that typically range from $5 million to $50 million.

PRESS RELEASE

Third Eye Capital announces appointments of senior investment personnel

TORONTO, Feb. 5, 2015 /CNW/ – Third Eye Capital Corporation (“TEC”), a leading Canadian investor in private secured loans for underappreciated middle-market companies, is pleased to announce two senior appointments to its investment team. Mark Horrox has joined TEC as Principal focused on complex restructurings and special situations. Previously, Mark was Vice-President of a $2.5 Billion Canadian distressed private equity firm where he led restructurings in the media, automotive, biotech, and real estate industries. He also formerly co-managed a $500 Million special situations fund for Bluecrest Capital Management in London, UK where he restructured debt investments in alternative energy, mining, technology, and telecommunications. Mark has an MBA from the London Business School.

Dev Bhangui has joined TEC as Vice President, Investments. Dev will assist in new originations and perform initial and ongoing investment due diligence on complex private lending transactions. He was the Managing Partner of Royal Bank Capital Partners’ private equity investments in telecom and a Vice President in Royal Bank’s credit risk management group. Dev has also held senior research analyst positions at respected boutique firms, responsible for technology and special situation equity opportunities, and was a team leader in Deloitte’s consulting group. Dev holds an MBA (Finance) from the University of Saskatchewan, and is a Professional Engineer and Certified Management Consultant.

TEC is also pleased to announce the promotions of Algis Vaitonis and Jonathan Norris to Principals.

SOURCE Third Eye Capital

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