BIOGRAPHY


With decades of experience in trading, investment and business management across a number of industries and continents, Ardy Khavari is well-versed in all aspects of business.

Originally an entrepreneur in the Canadian travel industry, Mr. Khavari built the largest wholesale retail travel agency
in Ontario within three years, supplying 25 other agencies nationally. In the process, he accrued an extensive client base of high-net-worth individuals and corporations from the Middle East,  as one of the first western travel agencies to offer fully accommodated tours to Dubai.

This in turn led Mr. Khavari to found a Dubai-based trading company specializing in construction materials,  achieving an annual turnovers in excess of $250 million USD.

In 2010, he began to facilitate financing for a number of large luxury condominium developments in Toronto. His enterprise has since generated tens of millions of dollars in equity and debt financing for real estate development projects, allowing Ardavan to become one of the most prominent investment bankers in the Toronto real estate market.

In addition, Mr. Khavari serves as a principal , CEO of 8608 Capital Group as well as a chairman of its affiliate, Haimish Developments Corporation, a leading Toronto-based luxury custom-home development company.

​Ardy remains a consistent and enthusiastic supporter of several charitable organizations.

Businesses

JERRY CAPLIN TRAVEL AGENCY / 2005 - 2008
President and Director
International Travel Agency featuring tours to over 100 countries, supplying 25 other agencies.
CHALLENGE GENERAL TRADING / 2007 - Present
​President and Director
Trading focusing on construction materials, commodity broker and financing.
HAIMISH DEVELOPMENTS / 2011 - Present
Founder & President
Development firm specializing in Luxury custom-homes and high-end commercial projects
La Boutique Noire / 2014 - Present
Founder & President
La Boutique Noire is a return to what a classic dining experience is. Serving only the highest standard in classic French cuisine with dignified service, fine vintage wine and cocktails, linens, table cloths, calm and class within an intimate setting in the most perfect room in Yorkville.
8608 CAPITAL INVESTMENTS / 2018 - Present
President & CEO
8608 Capital Group is a globally active Toronto-based investment and capital management firm comprised of 8608 Capital Group (Investment Banking), 8608 Private Equity, and Family office. Our activities also encompass trading and consulting.

Engagement
Philanthropy and humanitarian work are the root of our community, and the ability to help those in need is a blessing.  Through Neo's Foundation, we are working to impact the lives of individuals around the world, by connecting reputable charitable organizations with the donors to help fund their honourable efforts. 

Media

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10 most prominent and influential CEOs

Investing in Canadian Real Estate

Philanthropy Behind The Scenes ​

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© Ardavan Khavari 2017
Ardy Khavari currently serves as managing Director of 8608 Capital Group and an investment banking firm. Mr. Khavari, initially facilitated financing for several large real estate developments targeting the luxury condominium market in Toronto and the enterprise has evolved into an operation generating tens of millions of dollars in equity financing for such projects. In addition, Mr. Khavari have established an iconic fine dinning classic French cuisine in Yorkville area of Toronto, Despite his various businesses and busy schedule, Ardy always ensures he makes time to help the community. An avid philanthropist He has gained a well-earned reputation as an energetic and avid supporter of a numerous charitable causes across Canada.