SWAMIH Investment Fund I
Key investment team
A biographical profile of the members of the investment team is as follows:
Mr. Irfan Kazi is the Chief Investment Officer for the Fund. He joined the Investment Manager in April 2018. He has 23+ years of international work experience in various facets of alternate investments such as sourcing, analysing and recommending proposals for real estate and private equity investments, structuring and managing funds for private equity, international real estate and hedge funds and providing advisory services for mergers and IPOs.
At the start of his career in financial services, Irfan was actively involved in managing IPOs and market making on the OTC exchange of India at companies such as Times Guaranty and Lloyds Finance. After that, he spent seven years in Rana Investment Company where his mandate was investment and management of funds in alternative assets. Later, during the last 13 years, he has been active primarily in real estate private equity investments at asset management companies such as ICICI Venture, Everstone, AIG Global Real Estate India and L&T Infra Investment Partners. At ICICI Ventures, as Associate Director (Investments), he was responsible for real estate investments in parts of southern India. At Everstone, as Senior Vice President and Head of Investments, he played a key investment role in raising two international funds aggregating US$ 450 million for investments in the hospitality and warehousing sector. At L&T Infra, as Principal, he helped raise and manage an INR 594 crores domestic infrastructure AIF and later ideated and created a high yield real estate investment portfolio.
Irfan has a bachelor’s degree in Electronics Engineering, a Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies, is an Indian charter holder from ICFAI, Hyderabad and has been awarded the CFA charter by the CFA Institute, USA.
Mr. Berinder Sahni is a Principal Investment Officer for the Fund. He recently joined the Investment Manager in December 2019. Post graduation in 2001, Berinder has extensively worked in field of corporate finance primarily focussing on real estate investments, development and advisory.
Berinder started his career in Assurance and Business Advisory division of EY. He worked with the investment banking team of JPMorgan in India and United States. He worked on M&A, equity and debt offerings over US$ 1 billion. Berinder was a part of the team that commenced the real estate investment banking practice at Colliers International. While at Colliers, Berinder worked with developers to raise US$ 250 million in debt and equity. He also led asset sale and built to suit transactions for large corporates. Berinder worked as a Director at Unicus Advisors working on family office investments and consulting. In his last role, Berinder worked with a large Mumbai based real estate developer focussing on corporate finance and strategy. Berinder is a Chartered Accountant and a CFA charter holder.
Ms. Sharvari Kulkarni is Vice President, Investments for the fund. She has rich experience of 12 years in real estate ranging from investment management to business development and strategy.
Sharvari has worked with leading developers in India in Business Development, project acquisitions and fund raising roles and also contributed actively in business planning and development strategy for existing and new projects. Her earlier role has been with a large domestic RE fund managing investments in diverse asset classes like residential, commercial, bungalows, townships and SEZ projects.
Sharvari has done her BE from Govt. College of Engineering, Pune and MBA in Finance from SP Jain School of Global Management.
Mr. Adwait Kasbekar is Senior Investment Associate for the Fund. He has over 9 years of work experience mostly in the field of real estate performing role of advisor, investor and development manager.
Adwait started his career as real estate advisor with Knight Frank. He has been advising real estate focused clients on project feasibility and development option study. He has incubated and grown RE focused Investment banking division in a growing domestic real estate advisory firm, HDFC Realty. Adwait has worked as Investment associate with USD 1.5bn India focused Real Estate Fund, where he was actively involved in deal making to active asset management. Adwait has played role of being EA to MD for a prominent Real Estate development company, K Raheja Corp.
Adwait is a BE (Civil) from Pune University, PG in Construction Management (Real Estate) from NICMAR and GMBA (Finance) from SP Jain School of Global Management.
Mr. Ankit Goyal is an Investment Associate for the Fund. He joined the Investment Manager in July 2018.
At the start of his career, Ankit worked as an audit executive at SR Batliboi &Co (Ernst & Young) and then joined the transaction advisory team of EY wherein he was involved in performing business and real estate valuation for various renowned private equity funds & Corporates.
Subsequently, he worked as an investment banking analyst in the real estate team of Brookfield Financial wherein he was actively involved in deal structuring and divestment.
Ankit is a commerce graduate from IGNOU and a rank holder Chartered Accountant from ICAI. He has also passed the Level 1 CFA exams conducted by the CFA Institute, USA.
Mr. Ganesh Babu is an Investment Associate for the SWAMIH Fund. He recently joined the Investment Manager in December 2019. Ganesh brings with him 6+ years of work experience in the financial services space with 4+ years of Real Estate transactional experience.
Ganesh began his career with Ernst and Young in their transaction advisory practice where he advised clients on inbound and outbound M&A deals. He also served as the lead for evaluating and conducting due diligence for Real estate transactions in the South Indian market.
Subsequently, Ganesh spent ~3 years with Piramal Fund Management where he made real estate investments across Bangalore, Hyderabad and Pune markets. He has significant exposure across the entire deal cycle from sourcing, deal structuring, asset management and deal divestment. He has independently handled an AUM of INR 10 bn across multiple developer relationships and asset classes.
Ganesh is a graduate in commerce from St Joseph’s College of Commerce, Bangalore and a rank holder Chartered Accountant from ICAI.
Ms. Kirti Saruparia is the CFO for the Investment Manager and joined the company in August 2018. Kirti joins SVL with 10 years of post-qualification experience in auditing, tax planning, processing of accounts and filing income tax appeals and returns for clients.
Prior to SVL, she was a Senior Executive with SRBC & Co LLP (Ernst and Young), Mumbai where she performed statutory audit of infrastructure and chemical manufacturers including IRB Infrastructure and Chryso India and oversaw a team of professionals and junior members. She began her career in Udaipur where she was an active partner in firm of Chartered Accountants engaged in conducting statutory and tax audits, advising on taxation matters ,filing income tax returns and appeals and ensuring regulatory compliance for clients including Udaipur Cement Works Limited ,Bank of Baroda and State Bank of Bikaner & Jaipur (erstwhile).
Kirti cleared Chartered Accountancy exam in 2009 from the Institute of Chartered Accountants of India and is also qualified Company Secretary from the Institute of Company Secretaries of India .She has also obtained a Diploma in Information Systems Audit from Institute of Chartered Accountants of India and has qualified through NET (UGC).She holds a Bachelor’s and Master’s degrees in Commerce from the Mohan Lal Sukhadia University, Udaipur.
Ms. Ankita Shrivastav is the company secretary for the Investment Manager and joined the Investment Manager in June 2018. Ankita joins SVL with 6 year experience in compliance team for handling matter relating to Companies Act, secretarial audit, RBI matters, company incorporation, IPO and postal ballot of listed companies.
Prior to SVL, she was working with D.A. Kamat & Co. Mumbai where she performed secretarial audit and other compliance of listed companies, banking companies, government companies, unlisted public companies and Section 8 companies as per the provisions of the Companies Act. She began her career involved in preparation of documents for and conducting board meetings, RBI compliance, ROC compliance, and other regulatory compliance for clients including Mumbai Metro Rail Corporation Limited, SBI Capital Limited, SBI Foundation, Stock Holding Corporation Limited, Aurangabad Industrial Township Limited and Indian Institute of Banking and Finance.
Mr. Shuvam Pandit is a Vice President, Investments for the fund. He has an extensive experience of 11+ years primarily in the domain of real estate investments and allied urban infrastructure sectors. In his prior role, he led Xander Finance’s real estate investments for the western region of India.
Earlier, he was a part of the Corporate Finance-Urban Infrastructure division of Yes Bank Ltd, Mumbai and was responsible for investments in the Real Estate, Hospitality, Healthcare & Education sectors. During his stint, he was leading a team and was managing an investment portfolio in excess of INR 50 BN and has a diverse experience of investing across various stages of project life cycle. He had also ventured into the entrepreneurial space earlier and had co-founded an ecommerce startup.
Shuvam has an MBA from IIM Kozhikode and prior to his MBA, he has also worked with the technology major –Wipro Technologies. He has earned his Bachelor’s of Engineering from Maulana Azad National Institute of Technology, Bhopal (NIT, Bhopal).
Mr. Vineet Tejuja is Senior Associate for the Fund. He recently joined the Investment Manager in December 2019. He has more than 10 years of experience as an investment banker and advisor across sectors primarily focusing on the credit markets.
Vineet started his career with SBI Capital Markets Ltd in 2009 and has worked on transactions covering Project Appraisal, Debt Syndication, Restructuring, Stressed Assets Resolution and M&A across various sectors such as Steel, NBFC’s, Manufacturing, Hotels, Commercial Real Estate and Residential Real Estate. He has been associated with raising credit facilities in excess of Rs. 15,000 Crore and resolving stressed assets with debt facilities in excess of Rs. 10,000 Crore.
Vineet is a BE (I.T) from Mumbai University and a MBA (Finance) from NMIMS.
Mr. Rajnish Kadambar is the ESG Consultant for the Fund. He has more than 22 years of professional experience in Environmental and Social Risk Management, Environmental and Social Impact Assessment, Resettlement & Rehabilitation studies and ESG Due Diligence of Infrastructure Projects in urban development encompassing Housing, Community infrastructure, Commercial Real Estate, Municipal Solid Waste Management, Conventional and Renewable Energy, Highways, SEZs, Water Supply, Ports and industrial projects. He has extensively worked in Projects funded by Asian Development Bank, World Bank, International Finance Corporation and other external lines of credit.
Prior to joining SWAMIH Fund, Rajnish worked for IDFC Group (IDFC Bank, IDFC Ltd.) as Senior Vice President – Environment Risk, part of the Wholesale Banking Risk Group. He has hands on experience of carrying out Environmental and Social Due Diligence as per IFC Performance Standards for various project finance transactions with project costs ranging from USD 10 – 250 Million. He has had extensive engagement in drafting and finalizing the E&S Requirements as part of the loan agreements with the funding institutions and loan documentation of projects eligible for multilateral funding under the external lines of credit. He has played a key role in IDFC Limited’s accreditation with Equator Principles and IDFC Bank’s accreditation with the Green Climate Fund. He was earlier with IL&FS Ecosmart Limited as Assistant Vice President wherein he undertook E&S advisory for infrastructure projects, E&S Policy development and was the coordinator for a new business vertical on social and community infrastructure.
Rajnish holds a Bachelor of Science Degree from Ajmer University and a Post Graduate Diploma in Environment Management from Indian Institute of Social Welfare and Business Management, Kolkata.
Mr. Nikhil Kejriwal is the Principal Investment Officer for the fund. Nikhil has 15 years’ of experience, largely into Real Estate Investment Management.
Starting his career in family business, he moved on to join the investment banking practice at Morgan Stanley. With platforms such as TCG real Estate, Milestone Capital and Capital India Finance, Nikhil has led investments in real estate project and handled the entire spectrum – deal origination, investment evaluation, transaction structuring, due-diligence, legal documentations, asset management and exits.
At TCG Real Estate, as Associate Vice President, he led investments and asset management of $350 MM offshore fund. At Milestone Capital, as Vice President, he managed portfolio across 5 different funds comprising of 15+ investments and secured profitable exits. At Capital India Finance, as Senior Vice President, he was responsible for real estate funding in Mumbai, Pune and Bangalore.
Nikhil is a Chartered Accountant, a CFA charter by the CFA Institute, USA, and a MBA from IIM Ahmedabad.
Mr. Vivek Agarwal is the Principal Investment Officer for the fund. Vivek has close to 15 years’ of experience, in Assurance, Consulting and Real Estate Investments across the Indian market.
Vivek started his career at Assurance practice of PwC and joined EY Transaction Support division. He was part of financial due diligence team working across sectors with focus on Real Estate. Later, he joined Xander Finance, NBFC arm of The Xander Group Inc. and led senior secured high yielding Real Estate investments across NCR, Hyderabad and Kolkata region for almost 8 years.
Thereafter, he was part of Piramal NCR Investments team for around 2 years. Both at Xander and Piramal, he managed the entire gamut of commercial, residential and hospitality transactions. He also handed the entire spectrum of deal origination, investment evaluation, transaction structuring, due-diligence, legal documentations, asset management and exits.
At Xander, Vivek was a Vice-President and invested $275million across geographies in 12 assets with exits in 8 transactions. At Piramal, being Senior Associate Principal, he managed the relationships with key large developers having exposure across asset classes hospitality transactions covering almost $500million investments.
Vivek is a Chartered Accountant and graduate from Delhi University.
Mr. Shreyas has over 9 years of work experience in Real Estate management across three organizations, DHFL, Tata Capital and Edelweiss. His last assignment was in Edelweiss to independently handle West region where he has handled more than 30 relationships. He has managed sourcing, deal structuring, portfolio management, due diligence and exits.
He is a BE from Mumbai University, MBA in Finance from NMIMS and has also cleared 3 levels of CFA, AIMR.
Mr. Avinash Meena is an Investment Associate for the SWAMIH Fund. He recently joined the Investment Manager in January 2020. He has 5+ years of experience working in the Real Estate Investments.
In his prior role, he was working with Edelweiss in the Real Estate Financing Division covering entire deal cycle including relationship management, sourcing, analyzing and recommending investment proposals for deployment of funds in real estate sector across NCR & MMR region and monitoring investment until exit. He was also part of the Emerging Leader Program.
Avinash completed his graduation (EE) from IIT Bombay and Post Graduation (Finance) from IIM Calcutta and has also cleared CFA Level 1.
Mr. Prateek Grover is an Investment Analyst for the SWAMIH Fund. Prateek has over three years of experience in the field of Real Estate with focus on investments and asset monitoring.
He was working as an Investment Analyst with Piramal Capital and Housing Finance as a part of Real Estate Investment team prior to joining the Fund. At Piramal he was assisting the team with evaluation, analysis and underwriting of real estate proposals across MMR region. He was also involved in asset monitoring and investment down-selling.
Prateek is an Electronics engineering graduate and has completed Post Graduation from Goa Institute of Management.
Mr. Sandip Avhad is a Senior Investment Associate for the Fund. Sandip has 11 years of experience in Mortgage Finance and Corporate Lending.
Prior to his current role, Sandip held number of senior roles across HFC’s such as Magma, Indiabulls, HDFC Ltd and ICICI Bank. He brings onboard a rich experience in Investment evaluation, debt syndication, structured lending, project appraisal, Asset management and Mortgage Finance. In his earlier roles, he managed multiple investments in RE assets such as residential, commercial and Malls spread across markets like MMR, Pune, Bangalore and Ahmedabad with total AUM of INR 13.5 Bn.
Sandip has a bachelor’s degree in Electronics Engineering and Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.
Mr. Ritesh Jha is an Investment Analyst for the SWAMIH Fund. He recently joined the Investment Manager in January 2020. He has over 4 years of experience in managing construction projects and around 2 years of experience working in the Real Estate Investments.
In his prior role, he was working with Edelweiss in the Real Estate Financing Division covering entire deal cycle including relationship management, sourcing, analyzing and recommending investment proposals for deployment of funds in real estate sector pan-India and monitoring investment until exit. He was also part of the domestic opportunities fund.
Ritesh is a Civil engineering graduate and completed Post Graduation (Finance) from IIM Visakhapatnam.
Ms. Yashni Parikh is an Investment Associate for the Fund. She joined the Investment Manager in April-20. She has total 5+ years of work experience in the real estate transactions and investments.
Yashni started her career with Ernst and Young in their transaction advisory practices wherein she was involved in conducting due diligence of various sectors including real estate Subsequently she worked as an Investment Associate in SBI Capital Markets on transactions covering Project Appraisals, Debt Syndication in the real estate sector. Before joining the fund, she was a part of Blacksoil Capital in the investment team for real estate
Yashni is a commerce graduate from Mumbai University, a Chartered Accountant from ICAI and has also pursued law.
Abdul Kader Suriya is Principal Investment Officer for the Fund. He brings close to 15 years of rich work experience in various facets of real estate alternative investments, strategic advisory and investment banking. He has been a part of several full life cycle RE deals from investment appraisals to exit in his previous stints. He has been associated with marquee organisations like Morgan Stanley, ICICI Venture and Brookfield.
Kader started his career in 2005 with an arm of Morgan Stanley, focusing on investment banking in global real estate. Later, at ICICI Venture, for almost a decade, he led several notable acquisitions (across various sectors, geographies and investment structures), portfolio management and eventually divestments for US$550MM real estate private equity funds as well as domestic structured debt fund.
At Brookfield Financial, as Vice President, he was responsible for sourcing and executing large equity and debt syndication mandates in real estate space. Prior to joining SBICAP Ventures Ltd, he was part of Certus Capital, where focus was to target opportunistic plays in real estate created by capital dislocations.
Kader is a Chartered Accountant and also holds a master’s degree in commerce from the University of Pune.
Mr. Gaurav Sood is a Senior Investment Associate for the Fund. He has over 7 years of rich experience in the field of investment banking and corporate finance primarily focusing on real estate investments and advisory.
Gaurav started his career with JP Morgan’s investment banking division focusing on real estate transactions in the US. Subsequently, he was part of the founding team of a boutique investment advisory firm that advised on transactions in real estate and hospitality in India. He later joined Lodha Group in their corporate finance division where he was responsible for raising debt and equity across various group projects.
Gaurav completed his graduation (Computers) from Delhi University and post graduation (Finance) from Indian School of Business (ISB), Hyderabad. He has also cleared all levels of the CFA exam.
Mr. Vineet Chandak is Vice President, Investments for the Fund. He has rich experience of 13 years into real estate across Investments, Equity Research and Investment Banking. Vineet has worked across reputed domestic and global institutions including J.P. Morgan, Apollo Global Management, IDFC Securities and Edelweiss Financial Services.
At J.P. Morgan, Vineet was part of the real estate investment banking team. At IDFC Securities, Vineet led the coverage on listed real estate space and successfully marketed IDFC led capital market transactions. At Apollo Global Management’s US$ 1.3 billion Asia Real Estate Fund, he was responsible for evaluation of new investments, active monitoring and successful exits from India portfolio (~US$ 450 million). At Edelweiss, Vineet led the setting up of asset management platform for the entire portfolio (US$1.5 billion across NBFC and Fund). He was also responsible for credit underwriting and stress accounts resolution.
Vineet is a Chartered Accountant and an MBA in finance from Xavier Institute of Management, Bhubaneshwar.
Ms. Sakshi Gupta is an Investment Associate for the Fund. Since the start of her professional career in 2016, Sakshi has been working in the real estate financing industry, with experience across investments and capital raising.
Sakshi started her career with ICICI Prudential AMC’s real estate private equity team, where she was involved in international and domestic capital raising, end-to-end evaluation and monitoring of investments in real estate projects across major cities in India. After that, she joined Piramal Capital as a part of the real estate investments team handling Tier-1 developer relationships. She has work experience across investment evaluation, underwriting and analysis, deal structuring, fund raising, stressed investment resolution, asset management, investment down-sell and exit facilitation
Sakshi is a Chartered Accountant and a Commerce graduate from NM College of Commerce and Economics, Mumbai. She has also cleared 2 levels of CFA program offered by CFA Institute, USA
Mr. Varun Kedia is a Vice President, Investment at the fund. Varun has 10 years’ of experience, largely into Real Estate Investment Management.
Varun started his career in business consulting where he advised companies on investment decisions and structuring. Varun has been part of the Altico Investment team since the inception of the platform, where he handled the entire spectrum of Real Estate Investments – Deal evaluation, Transaction Structuring, Due Diligence, Documentation, Asset Management and Deal Exits.
At Altico Capital, as Associate Vice President, he handled investments and asset management totaling to $250 MM across various Real Estate projects at Major cities in India. He has handled investments, asset management and exits across multiple asset classes including Residential, Commercial and Affordable Housing Projects.
Varun is a Chartered Accountant and a MBA from SP Jain School of Global Management.
Mr. Shivam Joshi is an Investment Analyst for the Fund. Shivam has over 2 years of work experience in the field of real estate with major focus on Investments, Asset Monitoring & Construction management.
Shivam started his career as an Investment Analyst with Piramal Capital & Housing Finance as part of real estate investment team, where he was involved in end-to-end deal evaluation, underwriting of real estate investment proposals, asset monitoring and investment down-selling. Prior to that Shivam has interned with firms like Cushman & Wakefield, Radius developers and Mayfair Housing.
Shivam is a B-Tech (Civil) & MBA from NMIMS
Mr. Sandeep Mathew is a Vice President at the fund. He has over 17 years of experience in investment research across industry sectors including more than 12 years covering Indian real estate.
Sandeep has worked as a sell-side research analyst with leading domestic and foreign investment banks including SBICAP Securities, ICICI Securities, Credit Suisse and BNP Paribas where he was part of top-ranked equity research teams in India.
Sandeep has an integrated degree in Engineering and Management (MMS) from BITS Pilani.
Mr. Pranay Jain is an Investment Associate for the SWAMIH Fund. He joined the Investment Manager in July 2020. Pranay brings with him 5+ years of work experience in the real estate space.
At the start of his career, Pranay worked as an article intern in the Corporate Tax Division of Ernst and Young and then joined Omkar Realtors and Developers Pvt Ltd as a corporate finance specialist with a focus on fund raising, feasibility analysis and cash flow management.
Subsequently, Pranay has spent ~2 years with IndoStar Capital Finance Ltd focusing on structured finance transactions in Real Estate, NBFC and Renewables. He has exposure across the entire deal life cycle and has independently managed an AUM of INR 14 Bn.
Pranay is a Chartered Accountant, Company Secretary and a Law graduate from the University of Mumbai.
Mr. Mihir Gala is an Investment Associate for the Fund. Mihir has 4 years of experience largely into Real Estate Investment Management
Mihir started his career with in Investment evaluation, debt syndication, project appraisal, asset management for real estate transactions in MMR, Pune and Bangalore region with Indiabulls (Commercial Credit Team)
Thereafter, Mihir joined Capital India Finance Ltd as Senior Credit Manager for real estate funding in MMR, NCR, Pune and Bangalore region.
Mihir is a Chartered Accountant from ICAI and CFA Level II candidate, CFA Institute USA.
Mr. Akshiv Pathania is Investment Associate for the Fund. He has 5+ years of work experience mostly in the field of real estate and allied urban infrastructure sectors.
In his prior role, he was a part of the Corporate Finance-Urban Infrastructure division of Yes Bank Ltd, Mumbai and was responsible for investments in the Real Estate, Hospitality, Healthcare & Education sectors. During his stint, he was managing an investment portfolio in excess of INR 20 BN and has a diverse experience of investing across various stages of project life cycle.
Akshiv has an MBA (Finance) from NMIMS, Mumbai and prior to his MBA, he has also worked with the technology major – Tata Consultancy Services. He has earned his Bachelor of Technology (Electronics & Communication) from Indraprastha University, Delhi (IP University, Delhi).
Mr. Vishal Goenka is Investment Associate for the Fund. He has close to 6 years of work experience in the real estate sector spanning across financial institutions, advisory firm & developer’s office.
In his previous role, Vishal was associated with Piramal Capital as part of real estate investment team & was managing AUM of ~INR 20 Bn across MMR & Gujarat. He has thorough experience across the deal cycle including sourcing, deal structuring, asset management & exit facilitation.
Prior to that, he was working in the capacity of Consultant to a developer focusing primarily on capital raising, feasibility assessment, partner relations & organisational development. He has also completed his internship with Grant Thornton, Mumbai in the domain of Tax & Regulatory Services.
Vishal has completed Chartered Accountancy, Company Secretariat & holds bachelor’s degree in Commerce from University of Mumbai.
Mr. Vaibhav Saxena is Senior Investment Associate for the Fund. He has over 10 years of rich work experience largely in the field of real estate investment and advisory.
Vaibhav started his career in Futures First, where he was trading in international fixed income derivative markets. Subsequently, he was part of the real estate advisory team at DTZ (now Cushman & Wakefield), wherein he was advising real estate focused clients on valuations, project feasibility and best-use study. Later, he joined Piramal Fund Management, wherein he was part of the investments team for 6.5 years. At Piramal, he managed investments of almost $ 500 million across the capital stack of equity, mezzanine and debt. He was responsible for managing deals end-to-end, right from deal origination, structuring deals, deal negotiations, closure of term sheets, financial models, presentation to IC, due diligence, documentation to post-investment asset management and exits.
Vaibhav is a BE (Electronics & Communication) from BIT Mesra, Ranchi, PGDM from IIM Kozhikode and LLB from Mumbai University. He has also cleared all three levels of the CFA program offered by the CFA Institute, USA and the FRM program offered by the GARP, USA.
Sreesha Embar CFA
Mr. Sreesha Embar is an Investment Associate for the fund. He has over 6.5 years of experience in real estate investments.
Sreesha has previously worked at the Piramal Group, as Investment Manager. He was a part of their NCR investments team and was involved in the entire deal cycle from deal origination to exits across multiple asset classes. Sreesha has graduated with BE (Electronics and Communication) from Manipal University and PGDM (Finance) from IMT Ghaziabad. He is also a CFA charter holder.
Mr. Vinay Kedia is a Senior Investment Associate for the fund. Vinay has close to 10 years’ of experience in Investments, Private Equity & Corporate Banking.
Vinay has previously worked with Brookfield Special Opportunities Fund, Essel – Private Equity, Deutsche Bank and Ernst & Young, where he has handled variety of assignments including large scale project financing, Investments (Sector agnostic & RE) and closely managed invested deals for exits and optimising returns. Vinay’s experience includes managing the entire Investments spectrum including – deal origination, investment evaluation, structuring, due-diligence, legal documents, asset management and exits.
Vinay is a Chartered Accountant (CA) and also cleared all 3 levels of CFA (US).
Mr. Rajat Goyal is the Principal Investment Officer for the fund. Rajat has 17 years of experience across various functions including private equity, strategy consulting and commercial banking with key focus on sectors like Real Estate and Infrastructure.
He started his career as a commercial banker with Kotak Mahindra Bank and moved on to work with KPMG in consulting. In last 10 years, Rajat has worked across various Real Estate and Infrastructure focused funds such as L&T Infra Private Equity, ILFS Investment Manager, Shapoorji Pallonji Investment Advisor and LOGOS India. He was worked across the spectrum of investment cycle i.e. identifying and evaluating investment opportunities, negotiations, structuring, underwriting, diligence and deal closure
At L&T Infra Private Equity, Rajat has led investments and managed an AUM of US$ 150mn across real estate and infrastructure. At IL&FS, Rajat was part of the US$ 1.4bn Real Estate private equity fund and was responsible for asset management & divestment. At Shapoorji, he led acquisition of $250mn commercial asset through a competitive bidding process. At LOGOS (Warehousing platform), he was responsible for acquisitions in North and West region.
Rajat is a Chartered Accountant and MBA from Indian School of Business (ISB, Hyderabad).
Mr. Amish Makwana is an Investment Associate for the SWAMIH Fund. He joined the Investment Manager in March 2021. Amish brings with him 5+ years of work experience in the real estate space.
Amish started his career with a boutique Investment Banking firm focusing on debt syndication, deal structuring and project appraisal for real estate transactions at PAN India level.
Subsequently, Amish has spent ~2 years with JLL India focusing on Capital Raising (Debt / Equity), Core Asset Transactions and Land Transactions (JV/JD/DM).
Amish is a Chartered Accountant and a Commerce graduate from H.R. College of Commerce and Economics, Mumbai. He has also cleared 2 levels of CFA program conducted by CFA Institute, USA.
Mr. Girish Sarwate is an Investment Associate at the fund. He has around 4 years of work experience in the diverse fields of real estate spanning across corporate finance, fund raising, asset management and investments. In the Past, He has worked for various organizations such as Piramal Capital and Housing Finance Limited and Century Real Estate Holdings Pvt Ltd.
Girish has completed his Bachelors of Engineering in Civil from Manipal Institute of Technology, Manipal and his Post Graduate Programme in Management from Indian School of Business (ISB).