TriVeda Capital said it named Raman Iver an MD based in Bangalore. Iyer will oversee the firm’s pan-India real estate activities, including capital deployment, equity/debt financings, structured vehicles and third-party asset management. Iver was previously Director of Asset Management at ASK Property Investment Advisors, a subsidiary of ASK Group.
TriVeda Capital, a leading private equity and asset management firm focused on India, today announced the appointment of Raman Iyer as a Managing Director based in Bangalore. Mr. Iyer will oversee the firm’s pan-India real estate activities, including capital deployment, equity/debt financings, structured vehicles and third-party asset management. He was previously Director of Asset Management at ASK Property Investment Advisors, a subsidiary of the $1.6 billion ASK Group.
“Raman is a proven leader with broad capabilities in Indian real estate. We are thrilled to have him join TriVeda Capital and coordinate the firm’s efforts across real estate investing, financing and asset management” said Raj S. Inamdar, Co-Founder and Managing Director of TriVeda Capital.
“I’m excited to join TriVeda’s world-class team, and I look forward to supporting the firm’s upcoming real estate initiatives” confirmed Mr. Iyer.
As part of TriVeda Capital’s third-party asset management activities, Mr. Iyer will be responsible for overseeing Century Real Estate’s joint development (JD) project vehicle in Bangalore, which includes fifteen projects exceeding 500+ acres to be developed over the next decade. In addition to providing development oversight and monitoring, Mr. Iyer will lead debt financings and coordinate a public equity offering for Century Real Estate’s JD vehicle.
Mr. Iyer brings 17 years of real estate, asset management and project execution experience to TriVeda Capital. He was previously Director of Asset Management at ASK Property Investment Advisors and Head of Asset Management at Walton Street India Real Estate Advisors Pvt. Ltd., an affiliate of Walton Street Capital, a top-20 global PERE firm. He was also National Head for Real Estate Research & Advisory at ICICI Home Finance. Mr. Iyer launched his career and held senior positions at Shapoorji Pallonji. He received a Masters in Financial Management and a Bachelor of Civil Engineering from Mumbai University.
About TriVeda Capital
Launched in 2013, TriVeda Capital is a leading real estate investment and asset management firm focused on India. The firm currently manages a $500mm portfolio of mixed-use real estate development projects in India, with a focus on middle-class residential assets. TriVeda invests capital on behalf of global institutions, India-based and NRI/PIO investors into structured real estate transactions located inIndia’s Tier I cities. For further information about TriVeda, please visit http://www.trivedacapital.com.