Single Family Office

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Kalen Capital Corporation

Kalen Capital Corporation was established in 2008 by Harmel S. Rayat. The firm manages the principal's wealth that originated from Talia Jevan Properties'...

Kalen Capital Corporation logo

Kalen Capital Corporation

Kalen Capital Corporation was established in 2008 by Harmel S. Rayat. The firm manages the principal's wealth that originated from Talia Jevan Properties' Class-A commercial real estate holdings across Canada and the United States. The office invests across private equity, venture capital, private credit, and real estate. It maintains exposure to ClimateTech, Energy Transition & Renewables, Healthcare Services, and Cannabis & Psychedelics. Confirmed holdings include stakes in SolarWindow Technologies and RenovaCare. Capital is deployed through direct co-investments and SPVs primarily in North America. The firm lists three Vancouver commercial properties—the Birks Building, Kalen Capital Building, and Leckie Building—plus a North Scottsdale Corporate Office Complex in Arizona. Philanthropic activity occurs through the Rayat Family Foundation, including grants to the University of Pittsburgh. Kalen Rayat manages the direct investment portfolio while external business partners such as John Rhee and Jatinder S. Bhogal hold operating roles at portfolio companies.

General information

Firm type

Single Family Office

Year founded

2008

Location

Region

North America

Country

Canada

City

Vancouver

Corporate office

Vancouver, BC, Canada

Principals

Harmel S. Rayat

Founder

Avtar Rayat

Founder / Principal

Kalen Rayat

Principal / Managing Director

Sector focus

AgriTech & FoodTechCannabis & PsychedelicsCircular EconomyHealthcare ServicesClimateTechEnergy Transition & Renewables

Frequently asked questions

Who runs investment decisions at Kalen Capital Corporation?

Kalen Rayat directs the direct investment and venture capital portfolio. Avtar Rayat contributes strategic guidance on clean technology positions. Harmel S. Rayat remains the primary principal.

What asset classes does Kalen Capital Corporation deploy into?

The firm allocates across private equity, venture capital, private credit, direct co-investments, and real estate. It also maintains exposure to public companies and alternative energy ventures.

Where does the underlying wealth originate?

Wealth stems from Harmel S. Rayat's development of a North American portfolio of Class-A commercial real estate through Talia Jevan Properties.

Does Kalen Capital Corporation maintain philanthropic structures?

Yes. The Rayat Family Foundation handles philanthropic activity, including research funding to the University of Pittsburgh.

Which geographies does the firm target?

All documented investments and real estate holdings are concentrated in North America, with properties in Vancouver and Scottsdale.

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