KV Capital launches building products strategy by adding veteran industry CEO to its operating company private equity team

Paul Verhesen, past president & CEO of Clark Builders, brings strategic insights to KV

EDMONTON, Alberta--(BUSINESS WIRE)--KV Capital today announced the appointment of Paul Verhesen as strategic advisor for their operating company private equity team. Verhesen, the former president & CEO of Clark Builders, brings over 30 years of construction industry leadership and expertise to his new role spearheading the expansion of KV’s private equity group into building products acquisitions.

“I’ve always wanted to build things that last,” said Verhesen, “including buildings, relationships, communities, and businesses. The opportunity to help KV Capital in this strategy was a unique way to do that. I could not be more excited to join this dynamic, dedicated team.”

Verhesen's track record at Clark Builders includes technical innovations and driving expansion, which resulted in the company partnering with Turner Construction. His knowledge of the construction industry positions him to deliver critical insight for the newest investment mandate of KV Capital’s private equity group: finding good businesses in the buildings product space and giving them the resources and support they need to grow.

"Paul's strategic mindset and his deep understanding of the construction sector are an exceptional addition to our team," said Aleem Virani, CEO of KV Capital. "His vision will be instrumental in growing our private equity offerings within supply chains serving the real estate industry."

KV Capital continues to make a substantial impact in the Western Canadian real estate development sector. By leveraging operating and financial competencies across diverse business lines of operating company private equity, real estate private equity, and real estate lending, the company creates mutually reinforcing advantages for all stakeholders.

About KV Capital

Founded in 2006 and based in Edmonton, Alberta, KV Capital is a Canadian, alternative investment fund manager with approximately $450 million in committed assets under management. KV Capital’s funds are split into a diverse range of asset classes including private operating businesses, real estate, and mortgages. KV Capital has been on the Profit 500 ranking of Canada’s fastest-growing companies for six consecutive years and has funded over $1.5 billion in investments across several different asset classes.