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. Rajesh 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. Mr. Rajesh 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. Rajesh’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, Rajesh 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. Rajesh 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 Souvik Mukherjee joined Shapoorji Pallonji Investment Advisors as its Chief Investment Officer in December 2014. He will be responsible for leading investments in terms of underwriting, analysis, research and negotiation with counterparties besides assisting in investment strategy, sourcing investments, managing investor and developer relationships and developing and monitoring exit strategies. Souvik has over 18 years of varied real estate experience across investment management, advisory and credit research. He has been involved with identifying and closing diversified equity and structured-debt transactions worth US$500 million and carries rich asset management experience having managed investments in excess of US$1 billion of AUM.
Souvik possesses significant exposure having invested in real estate projects across multiple asset classes (residential, commercial – office and retail and hospitality) in top-tier cities in India besides some South-East Asian countries like Malaysia, Thailand, Philippines and Indonesia. Previously at GIC (Government of Singapore Investment Corporation) Real Estate, Singapore for ~8 years (2007-2014), Souvik played an important role in setting up GIC’s Indian investment franchise and facilitate direct and indirect (i.e. fund) investments in Indian real estate as a senior member of their Investment Management team. At GIC, he was also involved closing and exiting deals with joint venture partners and in setting up of a ~US$300 mn real estate debt (senior + mezzanine) platform with a leading private equity firm together with ~US$200 mn co‐investment side‐car. He was also a member of Advisory and Investment Committee of various Indian real estate funds.
Besides GIC Real Estate, Souvik’s prior assignments include Fire Capital Fund, ICRA Limited (subsidiary of Moody’s) and real estate and infrastructure companies. Souvik holds a Bachelor of Engineering and a post-graduate in Construction Management.
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 15 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. Manish Jain joined Shapoorji Pallonji Investment Advisors in April 2010 and has over 12 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.
Mr. Shravan Agarwal joined Shapoorji Pallonji Investment Advisors in 2016. He has more than twelve years’ of experience in private equity, equity research and investment banking, of which nine years have been in real estate and infrastructure private equity investment with the L&T Finance Group. At L&T, he was a senior member of the team managing approx. US$400mn of investments across real estate, private equity and mezzanine. He has led and managed investments of approx. US$200mn of investments and was part of active asset management team for entire portfolio.
Shravan is an MBA in Finance from ICFAI Business School, Gurgaon; a CFA charterholder from AIMR, USA and a charterholder of Indian CFA. He also holds a Bachelor of Commerce degree from Delhi University of Arts and Commerce.
Mr. Rajat Goyal has an overall experience of 13+ years across a variety of functions including private equity, strategy consulting and commercial banking with focus on sectors like Real Estate, Infrastructure and Industrials.
Prior to joining SP Investment Advisors, Rajat was an Associate Director with IL&FS Investment Advisors a US$ 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 21 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 24 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.