INVESTMENT COMMITTEE

The investment Committee comprises of financial experts who provide insights into INDIAREIT investments. In reviewing proposed investments, the committee considers project appropriateness in accordance with INDIAREIT fund investment strategy as well as projects potential risks and benefits. The committee also periodically reviews the existing investment portfolio.

 

Distinguished members of the Investment Committee are:

Mr. Piramal is 55 years old and an eminent business personality in the global corporateworld.  His educational qualifications are B.Sc. (Hons.) from Bombay University, Master in Management Studies from Jamnalal Bajaj Institute of Management Studies and Advanced Management Programme, Havard.

Mr. Piramal is the Chairman of Piramal Enterprises Limited and heading an multibillion dollar industrial group, having diversified interests in pharmaceuticals, glass containers, financial services and real estate development. Within the group the leading companies are Piramal Healthcare Ltd, Piramal Life Sciences Ltd, Allergan India Ltd, Piramal Glass Ltd etc.

A solicitor and senior partner at M/s Crawford Bayley & Co. He specialises in abroad spectrum of Corporate Law in general with a special focus on Foreign Investments, Joint Ventures, Technology and License Agreements, Intellectual Property Rights, Mergers & Acquisitions, Industrial Licensing, Anti- Trust and Competition Laws.

Apart from being a Chairman of leading publicly traded companies in India, Mr. Shah is also a Member of the Managing Committee of Bombay Chamber of Commerce, Indo German Chamber of Commerce and president of Society of Indian Law Firms (Western Region).

Mr. Bhukhanwala is a MBA from INSEAD, France. He has done his Bachelors in Electrical Engineering from The Indian Institute of Technology, Mumbai and also done his Master in Electrical Engineering from the University of Maryland, College Park.

On the professional front he was a part of the team that set up Intel's venture capital operations in India. There he focused on early stage technology investments. Prior to Intel, he has worked with McKinsey and Company in London focusing on pan European strategies in the telecom and healthcare sector.

At present, he is Director of Bhukhanwala Holdings Pvt. Ltd. It is a closely held boutique investment company and the primary investment vehicle for the Bhukhanwala Group, an Indian business group. It is a registered NBFC with the Reserve Bank of India with investments across various asset classes with a focus on private equity investments.

Mr. Desai is Executive Vice Chairman of DSP Merrill Lynch, and is one of its founding Directors. He has been advising various large corporate organizations in formulating, structuring and implementing financial packages for various projects across sectors and is recognized as one of the leading investment bankers in the country today.

He was a member of the Committee on Take overs appointed by SEBI and was a Member of: RBI Capital Markets Committee, Advisory Group for Securities Market of RBI and Insider Trading Committee of SEBI. He was also a Member on the Executive Committee (Futures & Options Segment) of National Stock Exchange of India.

Mr. Dalal has till recently been a partner of Dalal & Shah, Chartered  Accountants  and has also been a partner of Price Waterhouse & Co. He has been actively practicing in various fields relating to Mergers, Acquisitions, Strategic Alliances, Business Valuations, Specialised Investigations, Due Diligences, Foreign Collaborations & Joint Ventures and has acted as a domestic counsel for cross border transactions.

He has also held directorships in Wyeth Limited, Akzo Nobel Chemicals (India) Ltd., ICICI Investment Management Co. Ltd., Financial Technologies (India) Ltd. and Multi Commodity Exchange of India Ltd. Currently he has been retained in the capacity of a Corporate Counsel by the Financial Technologies (I) Ltd Group.

Ramesh Jogani is one of the pioneers in the real estate fund space with a realized track record of successful exits and a history of firsts in the Indian marketplace. Under his leadership, the platform has grown from its first domestic fund raise in 2006 to one that spans four funds (both domestic and offshore) as well as one third party (listed) mandate totaling INR 37b.

Ramesh is a developer by training and has been engaged in the development of over 2.5m sq ft across Mumbai and Pune in his personal capacity prior to joining and growing INDIAREIT since inception. His understanding of the various nuances of the real estate domain and an inherent ability to identify and manage lucrative investment opportunities as well as build sustainable relationships with development partners has been instrumental in INDIAREIT's success. As a testament to this broad based value addition, INDIAREIT is also the first fund to have successfully round tripped earlier investments, had no partner litigations or credit default across its entire portfolio and delivered consistent valuations year on year despite the recent market downturn.

Ramesh is also a Member, National Committee on Real Estate & Housing - Confederation of Indian Industry (CII) and has been a representative and active speaker at various national and global industry panels and seminars.