Nitin Gupta, managing director and India head of real estate private equity firm Gaw Capital has quit to set up his own advisory firm. Hong Kong-headquartered Gaw Capital, which has assets under management (AUM) of $35 billion, invests in Asia Pacific, Europe and US.
Gupta’s advisory firm NewAgeCapital aims to help global investors who are looking to invest in real estate, data centres and renewables.
“I have decided to move on from Gaw Capital as I got an excellent opportunity to set up NewAgeCapital. I see India enjoying higher allocations from global investors in the new geo-political order,” Gupta said.
Global investors need trusted and experienced local investment advisory setups to access, structure and manage asset investments in India, he said.
Gaw hired Gupta to head its India foray in 2022. Gaw Capital could not be reached for comments on Gupta’s exit.
Gupta was earlier managing director and head of India, real estate, at Macquarie Real Assets and Infrastructure Investments. He worked with Macquarie Group for over 14 years in a few roles including head of India for Macquarie Capital business.