SIMPLIFYING
Institutional
Real Estate Investing
in India
Backed by team’s US$3.0Bn+ of transaction experience with leading global institutions
About Us
Founded in July 2018, we are an independent, team owned firm that partners institutional investors and family offices to invest in real estate opportunities in India.
We have advised on more than US$ 1 Bn of real estate investments since our inception. Having worked with the likes of KKR, Morgan Stanley, Kotak, HSBC in the past, our team leverages its extensive experience and relationships to bring about disciplined underwriting and thoughtful structuring to every opportunity we pursue.
Certus also runs a secured debt investment platform Earnnest.me, a secured debt investing platform, that makes 14%-15% IRR deals available for co-investment.
* Includes deals / exits done by Certus team members in their previous jobs
Success Stories
Few highlights about our work
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Ashish Khandelia founded Certus Capital, after leading grounds up build-out of KKR’s India RE platform to a US$1.0Bn business
Ashish founded Certus Capital in Jul 2018 with a vision to build a best-in-class investment manager, specializing...
May, 2018No Comments -
Certus originated and structured one of India’s first securitization of wholesale RE loans
Dewan Housing Finance Corporation Limited (“DHFL”, a US$20Bn housing finance company) was under liquidity stress,...
Jan, 2019 -
Certus Capital ranked amongst top 5 advisors for CY-2019 in BFSI space
Since the start of credit crisis in Sep 2018, we have focused on opportunities caused by capital dislocation, primarily...
Jan, 2020 -
Certus partnered an institution (US$40Bn+ AUM) in its ~US$500MM acquisition bid
A local non-bank RE financier (“Lender”), with an AUM of ~US$0.9Bn, defaulted on its debt obligations in Sep...
Feb, 2020
Certus Capital’s Secured Debt Platform
Invest in high quality, regular-paying debt,
secured by real estate
Powered by team’s US$3Bn+ of investing experience with leading global institutions
Our Team
More than 130 years of aggregate experience. Senior members have a long history of working together
Ashish Khandelia
Sahil Shah
Gaurav Singhal
Gaurav Bhalla
Siddharth Pal
Arisha Mittal
Teena Gandhi
Anisha Babur
Siddhant Shah
Kushal Doshi
Ashima Garg
Pallav Saha
Our Approach
A transparent and methodical approach that drives our investment selection and partnering process
Our Investment Focus
We target strategies that offer significant scale across business cycles but suffer from capital dislocations or limited allocations. Most of our deals are off-market, proprietorially constructed and have following characteristics:
Team’s extensive experience in underwriting the asset class
Opportunistic returns
Attractive entry basis, driven by capital scarcity / dislocation
Uncompromising legal rights:
Senior credit or control equity
Strong governance rights including operational and / or monitoring control
How Can We Partner
We seek to create bespoke investor partnerships / special managed accounts where our expertise and investment focus compliment partners’ investment interests. We approach our underwriting as a principal and are willing to co-invest to ensure alignment of interest.
We have requisite licenses and legal set up in place to facilitate partnership with both offshore and domestic investors.
Insights
Industry trends and updates, opinion pieces and informational reads
Media
Stories about our company and team in the media
Start a dialogue
We will be happy to share deal ideas and underlying thesis. Please feel free to reach out
Historical Deal
Case Studies
Current Investment
Opportunities
Strategy
Thesis
Underwriting, Diligence and Monitoring Approach