Meet SM2 Capital’s Executive Management Team

The management team at SM2 Capital Partners has decades of experience in various operating businesses and private equity investments. We strive for integrity in our products and services and nurturing strong relationships with our partners.


Naim Ali is the Chief Executive Officer of SM2 Capital Partners (“SM2”). SM2 is the entity that oversees the Ali Family Office and its related operating businesses. In 2010, Naim moved back to Calgary, from New York, to oversee the real estate portfolio under SM2. The portfolio includes commercial real estate and operating businesses, including parking lots (Calgary), hotels (US and Alberta), casinos and student housing (Ontario). SM2 has also made investments in residential real estate and senior housing projects and is continuously expanding across North America. Naim oversees the strategic planning of the Ali Family Office and is currently a Board Director for Fortress Insurance Company (also in the SM2 portfolio). He enjoys golfing, skiing, wake surfing, attending monthly TEC Group (leadership development) and Personal Advisory Group (FEX) meetings, and travelling with his family. Naim lives with his wife and two children in Calgary, AB.
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Rizvan Bharmal has over 15 years of experience in accounting and financial reporting. He started his career at Deloitte LLP auditing several large multi-national corporations. From there, his career has comprised of various accounting and financial reporting roles in several industries including transportation and logistics, oil and gas exploration and public company accounting with a focus on private enterprises.

In addition to Rizvan’s role as the Chief Financial Officer for SM2, he is also the Chief Financial Officer & Chief Compliance Officer for Fortress Insurance Company. Rizvan also serves as a Director on the Foundations for the Future Charter Academy (FFCA) Board of Directors.

Rizvan received his Master of Business Administration (MBA) degree from the Haskayne School of Business at the University of Calgary and a Bachelor of Economics degree from McMaster University. He is also a Chartered Professional Accountant (CPA, CA) and lives with his wife and two children in Calgary, AB.
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Hafiz Ali is the Chief Investment Officer of SM2 and currently serves as Chairman of the Board. Hafiz oversees new and strategic acquisitions in real estate, private equity and venture capital for the company.

Prior to joining SM2, he was a Director with The Carlyle Group in Paris, Milan and London from 2003 to 2014 focused on private equity real estate investments for their European Real Estate Funds. Hafiz has invested over € 3.5 billion in real estate assets in the UK, Spain, Italy, Portugal, Greece, Germany and Eastern Europe. He has a BA (Honors) from the University of Western Ontario in Urban Development and an MSc. in Real Estate Economics and Finance from the London School of Economics (LSE) in London, United Kingdom. He enjoys tennis, skiing and adventuring travelling with wife and two boys. Their favorite places to visit are Paris, Hong Kong and Bali.
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Jamil Ali has played an instrumental role in the strategic planning and leadership for SM2. He has over 15 years of operational management experience, predominantly in the automotive and hospitality industries. Jamil joined SM2 in 2003 and was appointed as the Chief Operating Officer in 2019. He currently serves as a Director for SM2 and works with the respective business unit leaders and their management teams to build long-term value to our portfolio companies. In addition, Jamil serves as a Member on the Ismaili Council for the Prairies.

Jamil completed his Masters in Business Administration (MBA) degree from the Haskayne School of Business at the University of Calgary in 2017 and a Bachelor of Administrative and Commercial Studies (BACS) in Finance and Administration at the University of Western Ontario in 2002. He enjoys golfing, tennis, skiing and travelling.
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Meet the Founders and Other Members of the Board


Prior to immigrating to Canada in 1975, Shiraz Ali owned printing, manufacturing and import and export businesses in Tanzania. In the mid 1970’s, he began purchasing hotels in Vancouver, B.C. (the City Center Hotel, the Hotel, the BC Inn, the Coach House and St. James Place) within a partner consortium. Shiraz then joined his brother, Mohamed Ali, in the car rental and parking businesses based in Calgary, AB. He has also volunteered in numerous associations, including Carewest Innovative Health Care (a health trust). Shiraz now lives in Calgary, AB with his wife and they have three children.
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Mohamed Ali DIRECTOR

Mohamed Ali holds a post-graduate degree in Electrical Engineering from Plymouth Polytechnic in the United Kingdom. In the early 1970’s, he immigrated to Canada and pursued his career with Newmont Mining in Stewart B.C.. In October 1974, Mohamed moved to Calgary, AB and purchased the Budget Rent A Car rental car franchise. Mohamed, with his brother Shiraz Ali and their partners, has built SM2 into a diverse portfolio of businesses in the automotive, parking, hospitality and insurance industries. He now lives in Calgary, AB with his wife and they have two children.
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