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Transcript
Press Release
Milestone Capital Advisors Appoints Kuldip Chawlla as Managing Partner
Mumbai, August 05, 2015 - Milestone Capital Advisors Limited, India’s leading Real Estate Private Equity
firm has hired senior industry veteran, Kuldip Chawlla as its Managing Partner – Real Estate
Investments (Commercial). He will be responsible for driving fund raising and growing the commercial
real estate business. Additionally, Nitin Goel has been elevated to Managing Partner – Real Estate
(Residential) and will continue to manage the Development funds at Milestone Capital.
Kuldip brings with him an experience of over 27 years across Banking, Private Equity, Infrastructure &
Real Estate practices. His real estate development and investment experience of over 12 years spans
the complete life cycle of fund raising, investment origination, transaction structuring, risk mitigation,
asset management and exit consummation, across a pan India portfolio of development and core
projects. Prior to joining Milestone, Kuldip served in a senior leadership role at Red Fort Capital.
Commenting on the appointment Rubi Arya, Executive Vice Chairman of Milestone Capital said, “We
are delighted to have Kuldip on board to drive fund raising and grow the commercial real estate
business. Having recently concluded India’s largest exit by a private equity real estate fund, Milestone is
targeting new heights with our senior leadership team”
About Milestone Capital Advisors
Formed in 2007, Milestone Capital Advisors currently manages 7 funds in real estate, including India’s first REIT
like structures. Headquartered in Mumbai, the company has advised investments in 56 development and rent
yielding projects pan India, through a highly qualified team of professionals who provide a 360⁰ support through
supervision, operational, financial and risk management processes. Having raised Rs 2,538 crores from a wide
range of institutional and non institutional investors in domestic and global markets, across 7 funds in real estate
alone, Milestone has already returned around Rs 2,400 crores to investors by divesting 25 projects, and is rated as
one of the top domestic real estate PE houses in India. Milestone adopts a true “Active Management” style to its
investment management business. With its in-house and full life cycle development and property management
capabilities, Milestone has focused on value addition and change management through its partnership approach
with all stakeholders, for superior risk adjusted returns, especially in a challenging market environment.
For further details please contact:Milestone Capital Advisors
Ajay Aswani
98204 15593 / [email protected]