A Canadian based businessman and philanthropist, Altaf “Aly” Nazerali has a storied international business career with successes creating, managing, and running multi-national companies on four continents.
After achieving an MBA by age 20th birthday Nazerali found success after his employer promoted him to In-Country Manager in Algeria where he managed a $235 million project to build, what was then, the largest electronics manufacturing plant in the world.
Building upon this experience, Nazerali managed large scale communication and engineering projects throughout Africa and the Middle East. Upon these successes he relocated to Europe where he specialized in commodity-based financing projects. Aly Nazerali eventually made his way back to Canada where he served as a principal for a commodities future trading company that operated a top performing mutual fund in Canada. Capitalizing on market opportunities in South America, Nazerali founded a Brazilian subscription TV company called Canbras Communications Corp that BCI, an affiliate of Bell Canada, acquired a controlling interest.
For the last 25 years, Nazerali has served as a principal of Valor Invest Ltd., a merchant banking firm, that has financed numerous companies focused primarily on natural resources, software, telecommunications, and emerging technologies located in Japan, North America, and Europe.
Nazerali’s charitable acts are recognized for helping the less fortunate reap the benefits of a formal education. From a multi-million donation to build a medical facility attached to Aga Khan University to his involvement in Rotary International, Nazerali is passionate about the role education has in personal growth and communal strength and continues to promote education efforts.
Aly Nazerali’s success has not been without challenge. After an unfounded act of defamation and slander was perpetrated upon him in 2011, the Supreme Court of British Columbia granted Nazerali the largest monetary award of its type in May of 2016. The court also issued permanent injunctions against the defendants who launched the campaign of lies about him.
“Tortious misconduct of Mitchell, Byrne and Deep Capture, LLC demonstrates an indecent and pitiless desire to wound.”
–Judge Affleck’s May 6th, 2016 decision in favor of Plaintiff Aly Nazerali
With the defamation case behind him, today Aly Nazerali stays involved in his business ventures, philanthropic activities, and makes his home in Vancouver, Canada with his wife and family.