About UsChatsworth is a private equity and real estate investment company that was created in 2007. The core focus has been on structuring and implementing Shariah compliant investment vehicles in India. Chatsworth manages the process of structuring and capital origination in New York, while operations and asset management are conducted on the ground in New Delhi. The company works extensively with a prominent, publicly listed, middle-eastern investment bank to enable its activities in India via a joint-venture (“JV”) structure. Within the JV, Chatsworth acts as a local sponsor and general partner for each transaction, while also actively managing and monitoring the portfolio during the term of the investments. During the term, Chatsworth will actively seek to implement suitable exit strategies on each individual investment within the portfolio. The investments currently have a focus on the retail asset class due the group’s core expertise and background as a retail operator. Existing land banks have planned uses focusing on the development of other asset classes including healthcare, hospitality, and commercial office.
Chatsworth is in the final stages of jointly setting up a Shariah compliant, globally focused, advisory company. This latest venture combines Chatsworth’s existing proficiencies, with the management team of an already established investment advisory firm that has produced and managed over 1 Billion USD in Shariah-compliant real estate acquisitions and developments. The “Partnership”, with offices in New York, Washington DC, Cleveland, Abu Dhabi and New Delhi will focus on advising and servicing Shariah compliant investors by creating and managing private label funds and investment vehicles. The focus on real estate assets falls well within the expertise and track record of the management team and the founding promoters. The “Partnership” is also developing vehicles and conducting activities in private equity while creating filters and criteria to assess other capital deployment opportunities throughout the world.
Over the course of 2009, Chatsworth will continue to focus on creating and deploying Shariah-compliant investment vehicles for India, whilst becoming the exclusive India sponsor and manager for all new projects in the "Partnership." |