New York, NY, September 16, 2024 – Shikhara Investment Management (“Shikhara”, the “Firm”) is pleased to announce the launch of its first Asia investment strategy (the “Strategy”). This announcement marks a significant milestone for the company, which was founded in November 2023 by Rahul Chadha, former Chief Investment Officer (CIO) of Mirae Asset Global Investments (Hong Kong).
The Strategy adopts a bottom-up, high-conviction, long-biased investment approach that seeks to invest in top equity ideas across Asia ex-Japan. With a primary focus on achieving long-term growth through capital appreciation, the Strategy will invest in equities and equity-related securities of leading companies domiciled in or exercising a large portion of their economic activity in Asian markets such as China, Hong Kong, India, South Korea, Taiwan, and the Association of Southeast Asian Nations (ASEAN) region.
The Strategy will be managed by Mr. Chadha, who is the Firm’s Founder and CIO. Mr. Chadha has almost 25 years of experience in Asian equity markets, having worked across multiple financial hubs, including Mumbai, Singapore, Hong Kong, and New York. Prior to founding Shikhara, Mr. Chadha served as the CIO at Mirae Asset Global Investments (Hong Kong), where he oversaw assets of US$6 billion and led a team of 15 professionals. His track record includes managing Mirae’s industry-leading Asia Sector Leader and India Sector Leader funds from their inception until his departure in September 2023.
“We are thrilled to announce the launch of our inaugural Asian strategy, which reflects our strong conviction in the region’s economic resilience, innovative spirit, and growing global influence,” says Mr. Chadha. “This launch represents a significant milestone in our firm’s journey and underscores our commitment to providing investors with exceptional opportunities to participate in Asia’s dynamic growth story.”
The Strategy is open to professional and sophisticated investors, including accredited investors and qualified purchasers in the US.
Shikhara Investment Management is an employee-owned investment management firm founded in 2023, specializing in Asian equity markets. The firm’s name, inspired by the enduring majesty of the mountain peak, reflects its philosophy of assessing the vast panorama of investment opportunities from an elevated vantage point to shape its long-term investment approach. Headquartered in New York, with additional presence in Hong Kong and Mumbai, Shikhara Investment Management brings together a team of seasoned professionals with nearly 25 years of experience investing in Asian markets. This geographical diversity allows the Firm to provide deep local insights while staying attuned to longer-term global and regional trends.
For more information, please visit our website at https://shikhara.com/.
Contact:
investorrelations@shikhara.com
The information presented in the material is not, and may not be relied on in any manner as legal, tax, investment, accounting or other advice or as an offer to sell or a solicitation of an offer to buy an interest in any investment product or any other entity sponsored or managed by Shikhara Investment Management. This material doesn’t constitute and should not be considered as any form of financial opinion or recommendation.
Shikhara Investment Management LP is a Registered Investment Adviser with the U.S. Securities and Exchange Commission. This material does not constitute an offer to sell or the solicitation of an offer to buy in any state of the United States or other U.S. or non-U.S. jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such state or jurisdiction.
Investment involves risk. Past performance is not indicative of future performance. It cannot be guaranteed that the performance of the investment product will generate a return and there may be circumstances where no return is generated. Investors could lose all or a substantial portion of any investment made. Before making any investment decision, investors should read the Prospectus for details and the risk factors. Investors should ensure they fully understand the risks associated with the investment product and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investment.
Shikhara’s investment products are suitable only for sophisticated investors and require the financial ability and willingness to accept the high risks and lack of liquidity inherent in Shikhara Investment Management’ investment products. Prospective investors must be prepared to bear such risks for an indefinite period of time. No assurance can be given that the investment objectives of any given investment product will be achieved or that investors will receive a return of their investment.
Certain of the information contained in this material are statements of future expectations and other forward-looking statements. Views, opinions and estimates may change without notice and are based on a number of assumptions which may or may not eventuate or prove to be accurate. Actual results, performance or events may differ materially from those in such statements.
Certain information contained in this material is compiled from third-party sources. Whereas Shikhara Investment Management has, to the best of its endeavor, ensured that such, information is accurate, complete and up-to-date, and has taken care in accurately reproducing the information, Shikhara Investment Management takes no responsibility for the accidental publication of incorrect information, nor for investment decisions taken based on this material. Neither Shikhara Investment Management nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein should be relied upon as a promise or representation as to past or future performance of any investment product or any other entity.
The contents of this material are prepared and maintained by Shikhara Investment Management and has not been reviewed by the Securities and Exchange Commission of the United States.
This website is published exclusively for the purpose of providing general information about the management services carried out by Shikhara Investment Management LP, Shikhara Capital (Hong Kong) Private Limited and its affiliates (collectively “Shikhara Investment Management” or “Shikhara”). The information presented on the website is not, and may not be relied on in any manner as legal, tax, investment, accounting, or other advice or as an offer to sell or a solicitation of an offer to buy an interest in any investment product or any other entity sponsored or managed by Shikhara Investment Management. This website doesn’t constitute and should not be considered as any form of financial opinion or recommendation.
Shikhara Investment Management LP is currently an Exempt Reporting Adviser that is exempt from registration as an investment adviser with the U.S. Securities and Exchange Commission and Shikhara Capital (Hong Kong) Private Limited has been approved by the Hong Kong Securities and Futures Commission. This website does not constitute an offer to sell or the solicitation of an offer to buy in any state of the United States or other U.S. or non-U.S. jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such state or jurisdiction.
Investment involves risk. Past performance is not indicative of future performance. It cannot be guaranteed that the performance of the investment product will generate a return and there may be circumstances where no return is generated. Investors could lose all or a substantial portion of any investment made. Before making any investment decision, investors should read the Prospectus for details and the risk factors. Investors should ensure they fully understand the risks associated with the investment product and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investment.
Shikhara’s investment products are suitable only for sophisticated investors and require the financial ability and willingness to accept the high risks and lack of liquidity inherent in Shikhara’s investment products. Prospective investors must be prepared to bear such risks for an indefinite period of time. No assurance can be given that the investment objectives of any given investment product will be achieved or that investors will receive a return of their investment.
Certain of the information contained in this website are statements of future expectations and other forward-looking statements. Views, opinions, and estimates may change without notice and are based on a number of assumptions which may or may not eventuate or prove to be accurate. Actual results, performance, or events may differ materially from those in such statements.
Certain information contained in this website is compiled from third-party sources. Whereas Shikhara Investment Management has, to the best of its endeavor, ensured that such information is accurate, complete, and up-to-date, and has taken care in accurately reproducing the information, Shikhara Investment Management takes no responsibility for the accidental publication of incorrect information, nor for investment decisions taken based on this website. Neither Shikhara Investment Management nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein should be relied upon as a promise or representation as to past or future performance of any investment product or any other entity.
The contents of this website are prepared and maintained by Shikhara Investment Management and has not been reviewed by the Securities and Exchange Commission of the United States or the Securities and Futures Commission of Hong Kong.