Mr. Rajesh Agarwal joined Shapoorji Pallonji Investment Advisors as its Chief Executive Officer in April 2010 when the franchise was established. His responsibilities include investor liaison, creating new and managing existing developer and market relationships, devising investment strategy, sourcing investments, and developing and monitoring exit strategies. Mr. Agarwal has over 20 years of varied experience in the Indian financial services sector with an in-depth understanding of real estate, infrastructure, M&A and private equity businesses. He has executed over 15 real estate private equity transactions aggregating to over US$500 million.
He has the distinction of investing in real estate projects located in key Indian cities (such as Mumbai, Chennai, Bangalore, Hyderabad, Kolkata, Kochi, etc) and across all key asset classes (Residential, Hospitality, Commercial and Retail). He has sourced and spearheaded the first few pioneering private equity led real estate development and rental yield investments in the country in 2002 as a part of ICICI Venture. Mr. Agarwal’s prior assignments include Managing Director at AIG Global Real Estate India Advisors, Reliance Capital Limited, ICICI Venture (one of the largest private equity firms in India), GE Private Equity, Enron India and Deutsche Bank, India. As Managing Director of AIG Global Real Estate India Advisors (‘AIG GRE’), from April 2006 to January 2010, he was responsible for AIG GRE’s investment operations in India including launching and closing the US$282 million AIG GRE India Fund in May 2007. Mr. Agarwal holds a Bachelor of Engineering from Bombay University and an MBA from the Indian Institute of Management, Calcutta. He is also as an eminent Member of Royal Institution of Chartered Surveyors (RICS).
Mr. Manish Jain joined Shapoorji Pallonji Investment Advisors in April 2010 and has over 13 plus years of post-qualification experience. His responsibilities include evaluating potential investment opportunities, financial modeling, participating in investment and legal negotiations, preparations of all internal approval documents and executing investment transactions. Prior to joining Shapoorji Pallonji Investment Advisors, Mr. Jain was part of Shapoorji Pallonji Real Estate division (2008 onwards) where he was responsible for financial modeling, transaction structuring for various private equity investments and investor liaison. Manish has also been actively involved in raising debt for some of opportunities he worked on wherein Manish extensively dealt with international bankers and lawyers.
He has also worked with Price Waterhouse Coopers in their statutory and tax audit functions prior to Shapoorji Pallonji Real Estate Division. Manish holds a Bachelor of Commerce Degree from Mohanlal Sukadia University, Udaipur and is a fellow Member of the Institute of Chartered Accountants of India.
Ms. Ipsita Mahajan has an overall experience of 22 years in real estate as an architect, project management and development management professional. Her expertise encompasses all phases of the project life-cycle – from needs assessment and strategic planning to design, implementation and close-out. As Director – Projects at Shapoorji Pallonji Investment Advisors, Ipsita’s responsibilities include leading the technical evaluation of projects – including both the product definition of new properties as well as evaluation of existing properties, which are being considered for investment; making improvements on existing developments and providing insight on project-related technical issues.
Prior to joining Shapoorji Pallonji Investment Advisors, Ipsita worked as an Architect and then at Masters Management Consultants, a top Indian Project Management Consultancy for 13 years where she quickly rose to the position of Development Director. At Masters, Ipsita amassed a depth of knowledge in the strategic planning and delivery of a variety of large and complex projects. She also established and managed the firm’s Real Estate Advisory division, leading the Technical Due Diligence of over 45 projects across India with an estimated aggregate value of US$ 5 billion for several investors from across the globe.
As an Architect, Ipsita carries the experience of working with many renown firms in India, establishing her own partnership and collaborating with OBR, an award-winning architectural practice at Italy. She is Visiting Professor at the Faculty of Architecture at CEPT University, Ahmedabad and an Initiator of Building Sense Now, a global forum of professionals interested in promoting environmentally sustainable design and construction practices. Ipsita studied at the Manipal Institute of Technology, graduating with a Bachelor of Architecture degree and the Gold Medal for obtaining the first rank at Mangalore University. She is a registered Architect with the Council of Architecture and an Associate Member of the Indian Institute of Architects.
Mr. Rajnath Gupta joined Shapoorji Pallonji Investment Advisors as a Senior Advisor in June 2011. Mr. Gupta has a vast experience of 40 years in the field of construction including estimation, tendering, planning and monitoring, execution of various projects in India and abroad. At Shapoorji Pallonji Investment Advisors his responsibilities include valuation, creating implementation programs for projects, scheduling and cost estimation for development projects. Before joining Shapoorji Pallonji Investment Advisors, Mr. Gupta was Vice President (Contracts) with Shapoorji Pallonji And Company Private Limited (SPCPL) where he spent over 29 years.
In SPCPL he tendered for various projects such as residential, commercial, high rise developments, hospitals, stadia, etc. both in India and abroad which were awarded to SPCPL and successfully completed. Some of the key projects on which Mr. Gupta has worked on in India include NCPA Apartments – Nariman point, Essar Housing project – Surat, ILFS Tower – Bandra Kurla Complex, Citibank Building – Bandra Kurla Complex, Tata Memorial Cancer Hospital – Mumbai, Bharat Diamond Bourse – BKC, Imperial Towers – Mumbai, SP Infocity – Pune, Providence Cricket Stadium at Georgetown, Guyana, etc.
Mr. Gupta holds a Bachelor of Engineering (Civil) Degree from Mumbai University.
Ms. Ruchita Jasani joined Shapoorji Pallonji Investment Advisors in 2016. She has over 16 plus years of post-qualification experience in finance, treasury, tax, compliance and reporting functions. She was earlier heading the Fund administration role with Motilal Oswal Private Equity Investment Advisors where her responsibilities included Finance, Tax, Compliance and Investor relations function of the Sector Agnostic and Real Estate Funds. She was involved in the full fund cycle of fund structuring, raising and exit. She was also responsible for the treasury function of Motilal Oswal Securities Ltd. before moving into the Private Equity role with Motilal Oswal.
Ruchita has also worked with KPMG, Deloitte and Morgan Stanley. Ruchita is a Chartered Accountant from the Institute of Chartered Accountants of India and also holds a Bachelor of Commerce degree from Osmania University.
Mr. Dhaval Vohera joined Shapoorji Pallonji Investment Advisors in February 2018. He has over 11 years of experience in evaluating and investing in real estate projects on pan India basis. Dhaval has substantial proficiency in handling activities across the entire array of real estate investment cycle i.e. deal origination, evaluation & negotiation, due diligence, structuring, documentation, project monitoring & exits.
His responsibilities include evaluating potential investment opportunities, participating in investment and legal negotiations, presentations of all internal approval documents and executing investment transactions. Prior to joining Shapoorji Pallonji Investment Advisors, Dhaval was working with Reliance AIF Management Company Limited (part of Reliance ADA group) as Fund Manager for their Real Estate AIF schemes with focus on structured debt transactions across India. He has led investments and managed an AUM of more than US$ 200 mn. At Reliance AIF, he was a core team member of Real Estate Investments and was instrumental in sourcing the deal, structuring and executing the transaction, managing multiple investments and steering them to successful high return divestments.
Prior to Reliance AIF, Dhaval was working with Urban Infrastructure Venture Capital Limited (UIVCL). At UIVCL, Dhaval was instrumental in many activities such as evaluating new Investment proposal, preparation of financial models, performing project, developer, & legal due diligence, investment structuring and execution of transaction documents such as term sheet, definitive agreements, devising exit strategies structuring of investments and divestments.
Dhaval has a brilliant academic record. He is a Chartered Accountant (CA) and Company Secretary (CS). He holds a Bachelor of Commerce Degree from Gujarat University. Dhaval holds unique distinction of securing first rank in both Final CA and Final CS exams all over India (Gold Medallist).
Mr. Rajat Goyal has an overall experience of 13+ years across a variety of functions including private equity, strategy consulting and commercial banking with focus on sectors like Real Estate, Infrastructure and Industrials.
Prior to joining SP Investment Advisors, Rajat was an Associate Director with IL&FS Investment Advisors a US$ 1.4bn RE fund investment team, responsible for investment, asset management & divestment. Prior to that Rajat was an Associate with L&T Infra Private Equity (India focused PE Fund) with focus on equity and high yield mezzanine investments across sectors. Apart from investments, he shared additional responsibility for fund raising and investor relations for the Fund. He has led investments and managed an AUM of US$ 150 mn across sectors.
Before that, Rajat was working as a Senior Consultant with KPMG as a PE Advisory. As a consultant he has been part of various strategy consulting assignments including growth / market entry strategies for companies and capital raising strategies for a few PE funds.
He started his career as a commercial banker with Kotak Mahindra Bank, where amongst various roles, he has worked as a Regional Head – Alternate Business (Cross sell) and subsequently as a Relationship Manager in corporate banking. As a corporate banker he has built and managed a corporate debt portfolio of US$ 400 mn.
Rajat is a Chartered Accountant and MBA from Indian School of Business (ISB, Hyderabad). When he’s not working or playing with his 4-year-old son, Rajat likes to read, spend time with his friends, and occasionally enjoys a game of Squash or table-tennis.
Mr. Ankit Nawal joined Shapoorji Pallonji Investment Advisors in Nov 2015. Earlier, He was working with Ernst & Young as Assistant manager in the Statutory Audit vertical. Ankit worked with EY since Feb 2010 and handled variety of Audit assignments for clients in Technology, Media and Logistics industry.
He holds a Bachelor of Commerce degree from MDS University, Ajmer and Chartered Accountancy degree from ICAI, India. Ankit is also a qualified Company Secretary.
Mr. Jair D’Souza joined Shapoorji Pallonji Investment Advisors in August 2015 and has over 24 plus years of varied service delivery experience across real estate, ITES and manufacturing industries Prior to joining Shapoorji Pallonji Investment Advisors, Jair was part of Shapoorji Pallonji Real Estate as VP – Sales, where he accomplished leasing of ~5.0M sq.ft. of IT office space across various micro markets to prestigious IT clients like World Bank, Accenture, Amazon, All State Insurance, ADP, IBM, HSBC, Citibank, Ericsson, Ford Motors. Prior to that, Jair was part of ETL Infrastructure Limited, where he was involved in leasing of over 1.2M sq ft of IT office space in Chennai and 0.6M sq.ft. of retail space in Coimbatore’s first shopping mall.
Jair has previously managed properties of the ticket size 1.0 – 2.0M sq.ft. while being employed with Scope International Standard Chartered Bank, Paharpur Group and Flex Industries.
Jair has a Bachelors degree in Physics from Kuwait University
Mr. Rajesh Pongot joined Shapoorji Pallonji Investment Advisors in April 2016. He was previously employed with Shapoorji Pallonji Real Estate from Jan 2013. He has over 25 plus years of experience and is a member of the Royal Institute of Charted Surveyors (MRICS). He has previously been engaged in managing the RMZ Millennia Park in Chennai (as part of CBRE) and one of the largest malls in Kerala as part of AGS Group Management. Rajesh has also served in the Indian Navy.
Rajesh holds a bachelor’s degree in Engineering and an MBA in Sales and Marketing.