
Aspire High, Catalyse Higher
Set up in 2018, CapGrow Capital Advisors LLP is a well-established India Specialist investment management firm providing discretionary PMS (Portfolio Management Services) and advisory services to institutions, family offices and HNIs to build long term wealth for clients. The firm is a value oriented fundamental investor investing in public equities in India and runs two investment strategies: the Special Situations Strategy, its flagship strategy, and the Growth Strategy.
Sorted by 3-year return. Returns are TWRR, net of fees; CAGR above 1 year.
SPECIAL SITUATION INVESTMENT APPROACH
GROWTH INVESTMENT APPROACH
Arun Malhotra
Founder & Partner
B.E. (Mechanical Engineering), Executive MBA from FMS Delhi, Full-time MBA from Simon Business School, University of Rochester
30+ years of experience in strategic investing with specialization in Special Situations investment opportunities. Buy-side experience with Manning & Napier, New York (USD 17bn AUM) and a USD 300mn hedge fund in India (an associate of US based Alden Global Capital, run by legendary Randall D. Smith, known as a pioneer of distressed investing). Executive consultant for a prestigious European Investment Bank in India. Solid investment research and trading stints at BLB Limited and DBS Securities (part of DBS Bank, Singapore).
Deepak Malhotra
Partner
Bachelor's degree in Technology (B.Tech.), Masters in Management Studies (MMS) with specialization in Finance from University of Mumbai
India specialist investment manager with an experience of 30+ years in investment management, research and risk analysis across global emerging markets accompanied by a demonstrated track record of delivering superior risk & volatility adjusted returns. Buy-side experience with IMGF, a global investment fund dedicated to public equities in India, CFL, a UK based family office managing a multi-asset global investment portfolio, and Max Group, a leading multi business conglomerate with presence in insurance, healthcare & real estate. Previous professional assignments include working with Caspian Securities, a UK based boutique investment bank dedicated to global emerging markets, Anand Rathi Group, a leading financial services and wealth management firm, and CRISIL (An S&P GLOBAL Company), one of the world's leading credit rating agencies.
Niharika Karnani
Designated Partner
MBA (Finance), Chartered Accountant (CA), Company Secretary (CS)
Niharika Karnani holds an MBA in Finance from S.P. Jain Institute of Management & Research (SPJIMR) and is also a qualified Chartered Accountant (CA) and Company Secretary (CS). She began her career with KPMG India in the Due Diligence practice, where she gained experience across multiple sectors. Thereafter, she was associated with Hindustan Unilever Limited (HUL) as a Category Finance Manager in the Home & Hygiene division, managing the P&L of leading brands. At present, she serves as a Designated Partner at CapGrow Capital Advisors LLP, overseeing Research and other key functions related to the Portfolio Management Services (PMS) division, with a focus on investment research, financial analysis, and process development.
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