APREA India Annual Conference

Ms. Meghana Pandit is the Chief Investment Officer at IndiGrid since 2018. She holds a bachelor’s degree in commerce and a master’s degree management studies from the University of Mumbai, has cleared all three levels of CFA, CFA Institute (US) and a post graduate diploma in financial analysis from the Institute of Chartered Financial Analysts of India. She has over 20 years of experience in investment banking and corporate finance, covering the infrastructure sector across private equity transactions, mergers and acquisitions, initial public offerings, qualified institutional placements and infrastructure investment trusts, in sub-sectors such as roads, airports, renewable power, thermal power, ports and real estate. She has previously worked in IDFC Bank, Deloitte Financial Advisory Services India Private Limited and Essar Steel Limited.

At IndiGrid, she is responsible for M&A, fund raising, treasury, investor relations and other growth initiatives.

He Bhairav has a varied experience in advising Indian and multinational groups in the area of Real Estate, Infrastructure and Private Equity. He has over 20 years of post-qualification experience in transaction and tax advisory services. Over the last 17 years his focus has been Real Estate.

Bhairav has also advised Real Estate companies on complex projects involving investment structuring and group restructuring. Given his experience, he has been extensively involved in the REIT / InvIT discussions in the industry and regulators as well. He has handled diverse assignments in the transaction and corporate restructuring space, involving:

• developing real estate fund structures and consummating their investments
• Redevelopment Projects (including SRA’s & Society re-development projects)
• Infra space such as bid structuring, private equity funding, re-structuring for Singapore BT listing M & A and Inbound advisory

Bhairav is a graduate in Commerce from the University of Mumbai and is a member of the Institute of Chartered Accountants of India since 2002. He regularly speaks on Real Estate related topics before various forums, and contributes articles, interviews to several newspapers, magazines and business news channels.

S. Sriniwasan（Srini）自 1993 年以来一直在 Kotak 集团工作，目前担任 KIAL 的负责人。.

斯里尼于2005年创立了印度首批房地产基金之一，并带领该基金发展壮大，募集并投资了18亿美元。斯里尼还负责监管Kotak私募股权基金、Kotak基础设施基金、Kotak特殊情况基金和Kotak上市策略基金。总体而言，KIAL已在这些资产类别中募集了约40.6亿美元的资金。.

在加入 KIAL 之前，他自 1995 年 Kotak 与高盛成立合资投资银行以来一直是其中的一员。在 2005 年之前担任 Kotak 投资银行联席主管期间，Srini 为国内外领先公司提供融资、并购和战略性资产剥离方面的咨询服务。.

斯里尼先生是印度工商联合会（FICCI）外国直接投资和房地产投资信托基金（REITs）政策倡议委员会成员，也是印度工业联合会（CII）资本市场小组委员会成员。他同时担任英国皇家特许测量师学会（RICS）南亚估值专业组委员会主席。此外，他还是亚太房地产协会（APREA）印度分会联合主席，以及全球房地产研究院（GRI）印度分会理事会成员。他还是印度私募股权和风险投资协会（IVCA）执行委员会成员，以及欧洲私募股权和风险投资协会（EMPEA）私募信贷委员会成员。.

Anish 是普华永道会计师事务所的合伙人，拥有超过 25 年的经验，为客户提供所得税和监管方面的咨询服务。.

Anish 为跨国公司和国内客户提供印度和国际税务、入境投资咨询和企业所得税（重点关注房地产、基础设施和私募股权基金）方面的法律服务，协助他们设立投资架构、开展税务尽职调查，并就税务和监管合规事宜提供建议。Anish 还就外汇管制条例、公司法和其他监管法律提供咨询。.

他在为房地产和基础设施客户提供咨询方面拥有丰富的经验，包括评估 JDA / EPC 安排、向 REIT / InvIT 结构迁移、业务重组和并购交易。.

他还积极参与了与财政部相关的倡导性讨论，要求对最近推出的主权财富基金和养老基金免税政策进行澄清/修改。.

阿尼什是商科毕业生，也是印度特许会计师协会 (ICAI) 的会员。.

He Bhairav has a varied experience in advising Indian and multinational groups in the area of Real Estate, Infrastructure and Private Equity. He has over 20 years of post-qualification experience in transaction and tax advisory services. Over the last 17 years his focus has been Real Estate.

Bhairav has also advised Real Estate companies on complex projects involving investment structuring and group restructuring. Given his experience, he has been extensively involved in the REIT / InvIT discussions in the industry and regulators as well. He has handled diverse assignments in the transaction and corporate restructuring space, involving:

• developing real estate fund structures and consummating their investments
• Redevelopment Projects (including SRA’s & Society re-development projects)
• Infra space such as bid structuring, private equity funding, re-structuring for Singapore BT listing M & A and Inbound advisory

Bhairav is a graduate in Commerce from the University of Mumbai and is a member of the Institute of Chartered Accountants of India since 2002. He regularly speaks on Real Estate related topics before various forums, and contributes articles, interviews to several newspapers, magazines and business news channels.

Suresh Goyal is MD & CEO of National Highways Authority of India’s Infrastructure Investment Trust (NHAI InvIT), which has been set up to monetize operating highway projects under Government of India’s National Monetization Pipeline. NHAI InvIT has successfully raised funds from marquee international and domestic institutional investors and lenders, with an Enterprise Value of above USD 1 billion.

Suresh Goyal has overall experience of 27 years. Over the last 15 years, he has been engaged in investing in the infrastructure space, including into roads, renewables, telecom towers, and airports. Prior to joining NHAI InvIT in October 2020, he was based in Singapore as Head of Macquarie Infrastructure and Real Assets for South East Asia & India region.

Kranti Mohan has over 15 years of experience in advising on Indian securities laws. He has advised
on almost the entire spectrum of capital markets transactions, including IPOs, QIPs, rights offerings,
overseas listings (including through business trust route), buybacks, and block/ bulk trades on the
stock exchanges. Over the last few years, he has also extensively advised on establishing and listing
business trusts, infrastructure investment trusts, real estate investment trusts and yieldcos.

Kranti is also a member of the Hybrid Securities Advisory Committee constituted by SEBI and a
member of APREA’s India Infra and InvITs Committee.

He was an active participant in the Firm’s initiatives related to the consultation process on various
aspects of Invits and REITs and collaborated with few stakeholders in making representations to
various governmental/ regulatory authorities, including the Prime Minister’s Office, Ministry of
Finance, Central Board of Direct Taxes, the Reserve Bank of India and SEBI.

In the past, Kranti was also a member of the committee constituted by SEBI for streamlining
disclosure standards for equity offerings and the working group on evaluating REITs of CII.

Looking after the Infrastructure Finance Unit at the DEA since September, 2021. The work deals with policy related to financing requirements of infrastructure including conceiving new initiatives related to infrastructure financing and promotion of investment in infrastructure sectors such as policy matters related to infrastructure financing and promotion of investment in infrastructure sectors; Infrastructure Debt Funds (IDFs), Real Estate Investment Trusts (REITs)/ Infrastructure Investment Trust (InvITs), other instruments for infrastructure financing.

Over thirteen years of experience as a Taxation Officer of Indian Revenue Service (IRS) under the Ministry of Finance, Government of India. Worked in various capacities such as a Quasi-judicial Authority, Tax collector, Enforcement, Policy making etc.

Ami Momaya (Mumbai) joined KKR in 2022 and is a member of the Asia-Pacific Infrastructure team. Ms. Momaya is responsible for infrastructure investments in India. Ms. Momaya began her career at Morgan Stanley where she spent 17 years across their India and New York offices and was instrumental in building their India infrastructure business. As a part of Morgan Stanley’s infrastructure business, Ms. Momaya led transactions across transportation, logistics and renewable energy. Prior to joining the Infrastructure Fund in 2008, Ms. Momaya worked at Morgan Stanley’s Investment Banking Division in New York where she focused on buyouts, mergers & acquisitions, initial public offerings and financings in services, outsourcing and payment processing sectors. Ms. Momaya holds a Bachelors in Commerce from Mumbai University and a post graduate degree from the Narsee Monjee Institute of Management Studies (Mumbai).

Kavita Saha is Senior Principal, Infrastructure, CPPIB and is responsible for evaluating and executing infrastructure investments in India. She has over 24 years’ experience in infrastructure advisory, financing and investments with Indian and international institutions, including JP Morgan, Barclays, IL&FS and IDBI. Prior to joining CPPIB, she was Managing Director in the Asian Infrastructure Fund, part of JP Morgan’s Global Alternatives Platform where she was responsible for investing in infrastructure projects in India in sectors such as roads and power. Kavita is a CFA and MBA from Faculty of Management Studies, Delhi University.

Suresh Goyal is MD & CEO of National Highways Authority of India’s Infrastructure Investment Trust (NHAI InvIT), which has been set up to monetize operating highway projects under Government of India’s National Monetization Pipeline. NHAI InvIT has successfully raised funds from marquee international and domestic institutional investors and lenders, with an Enterprise Value of above USD 1 billion.

Suresh Goyal has overall experience of 27 years. Over the last 15 years, he has been engaged in investing in the infrastructure space, including into roads, renewables, telecom towers, and airports. Prior to joining NHAI InvIT in October 2020, he was based in Singapore as Head of Macquarie Infrastructure and Real Assets for South East Asia & India region.

Saurabh 在 CDPQ 身兼两职。自 2017 年 3 月起，他一直担任基础设施董事总经理，领导 CDPQ 在南亚和中东的基础设施业务，负责制定战略、寻找、评估、执行和管理高质量的基础设施投资，以及在这些地区发展长期合作伙伴关系。.

自 2022 年 3 月起，他还兼任 CDPQ 印度董事总经理，积极致力于将 CDPQ 定位为各类资产（包括公开股票（直接和间接）、债务、私募股权和基础设施）的首选合作伙伴，同时代表该机构与金融和商业界以及包括政府和监管机构在内的主要利益相关者进行沟通。.

阿加瓦尔先生拥有超过21年的投资和科技行业经验。在2017年加入CDPQ之前，他曾在摩根士丹利工作超过10年，最近担任摩根士丹利基础设施合伙基金（MSIP）的执行董事，负责该全球基础设施基金的收购和管理，在基金投资方面发挥了关键作用。在此之前，他曾在IBM研究实验室和威普罗全球研发中心从事超级计算机技术方面的科研工作。.

阿加瓦尔先生拥有密歇根大学金融工商管理硕士学位、宾夕法尼亚州立大学计算机科学硕士学位以及印度鲁尔克拉国立理工学院计算机科学与工程学士学位。他目前担任加拿大养老基金（CDPQ）印度分公司的董事总经理。此外，他还担任加拿大养老基金在印度的部分投资公司——A) Apprava Energy、B) Maple Infra InvIT Investment Manager Private Limited 和 C) Maple Highway Project Management Private Limited 的非执行董事。此前，他曾担任加拿大投资促进署（MSIP）多家投资公司的非执行董事。.

Background

• Gaurav Karnik is Partner with Ernst & Young tax practice in India and is the National Leader for Real Estate sector for EY India and National Leader for Sovereign Wealth Funds and Pension Funds for EY India
• Gaurav joined Ernst & Young in 2002 and is based in Gurgaon.
• He is a Chartered Accountant from Institute of Chartered Accountants of India and also holds a Bachelors degree in Economics from Delhi University
• Fluent in English, Hindi and Marathi

Skills

• Gaurav has more than 20 years of experience in the field of taxation, regulatory matters, and international taxation.
• Handling international taxation issues including,permanent establishment issues and other regulatory issues
• Handling Inbound and Outbound tax advisory related issues and Transaction tax related advisory issues

Professional Experience

• Advised several US, UK, Singapore based real estate and infrastructure focused private equity funds in structuring their India centric real estate an d infrastructure funds and their specific investments in Indian companies
• Advised several foreign real estate developers with their India real estate strategy and transactions.
• Advised global hospitality chains in establishing presence in India and tax litigation
• Advised global mall developers on their India real estate strategy and restructuring
• Advised developers and funds on potential REIT strategy
• Advising multinational companies on entry strategy, restructuring and setting up offshore tax efficient vehicles
• Advising on regulatory issues in establishing and doing business in India
• Actively involved in inbound and outbound structuring for clients engaged in the automotive, diversified industrial products, infrastructure, real estate companies
• Assisted number of multinational company on their tax disputes with Indian Revenue authorities
• Advising on international tax issues including permanent establishment issues in India
• Assisted various funds with tax due diligence in India
• Assisted domestic companies in outbound investments and group restructuring
• Assisted real estate industry associations such as APREA, FICCI etc with representation REIT, GST to the Ministry of Finance and SEBI
   

Tel +91 (0)12 4464 4032
Mobile +91 (0)98 11214668
Fax +91 (0)12 4464 4050
电子邮件 gaurav.karnik@in.ey.com 

Mr. Mike Holland is Chief Executive Officer of Embassy Office Parks, India’s first and only listed REIT, sponsored by Embassy Group and Blackstone. Embassy REIT listed on the Bombay Stock Exchange in April 2019. In April 2020, the business had a market capitalisation in excess of USD 3 bn.

Mike has worked in Asia since 1995 and has lived in India for close to two decades. He currently resides in Bangalore. He is also a board member of a number of charitable organizations with a focus on disability and education.

Hari负责加拿大养老基金投资公司（CPP Investments）在印度的房地产投资，常驻孟买办事处。该公司在印度的房地产团队专注于与顶级合作伙伴共同投资办公、零售和工业等关键领域。.

在2014年加入加拿大养老基金投资公司（CPP Investments）之前，Hari曾就职于Kotak银行旗下另类资产投资部门Kotak Investment Advisors。他曾共同负责房地产基金业务，该业务管理的资产总额超过10亿美元，资金来源包括主权财富基金和其他全球有限合伙人。他的职业生涯始于世邦魏理仕（CBRE）和仲量联行（JLL）的企业融资部门。.

Hari 拥有印度德里大学金融硕士学位，并且是英国皇家特许测量师学会会员。.

斯里拉姆·卡塔先生是印度特许会计师协会资深会员，也是德里大学印度教学院的优秀毕业生。他拥有超过三十年的辉煌职业生涯，曾在集团公司层面担任领导职务，并担任过多个业务部门负责人职位。.

目前，作为DLF集团租赁业务副董事长兼总经理，他负责管理印度最大的房地产开发商的租赁物业组合。卡塔先生为遍布全国的约4400万平方英尺办公空间和约550万平方英尺零售空间的租赁物业组合提供战略指导和领导。他主导创建了一体化的商业模式，组建了一支积极进取的团队，致力于在整个物业组合中树立安全、可持续发展、ESG（环境、社会和治理）以及以客户为中心的全球标杆，同时确保业务计划的实现。.

他是亚太房地产协会印度分会的副主席，也是印度工业联合会（CII）房地产和住房国家委员会的成员。.

卡塔先生曾在印度和海外多家知名机构担任过多个高级领导职务。.

Alok is Managing Director & Chief Executive Officer, for Brookfield Properties in India, where he oversees all aspects of the business including design, development, strategic initiatives, finance, corporate strategy, leasing and tenant relationships.

Alok has spearheaded the largest professional office platform in India, creating a customer-focused senior management team. Under Alok’s leadership, Brookfield Properties has established itself as one of the strongest brands and a preferred choice of top global and Indian occupiers. He has also strengthened the company’s commitment to environment, social and governance (ESG) practices in India. Alok has over three decades of multifaceted experience in leadership roles, both in operations and investments.

In his previous organizations, Milestone Capital and Sun Apollo Real Advisors, Alok has been instrumental in closing high value deals across asset classes starting from identifying the opportunity, to evaluation and finalization of investments across residential, commercial, hospitality, warehousing & mixed-use developments. His career also spans leadership roles at DLF, The Chatterjee Group and Mahindra Reality.

Alok holds a bachelor’s degree from IIT Delhi and an MBA from ISB Hyderabad.

维诺德·罗希拉先生是Mindspace Business Parks REIT的首席执行官。他拥有芝加哥大学布斯商学院的工商管理硕士学位和孟买大学的法学学位，二十多年前加入K Raheja集团，开启了他的职业生涯。在任期间，他率先提出了打造地标性商业区、高端住宅和零售综合体的概念，这些项目已成为印度房地产行业的标杆。维诺德是K Raheja集团领导团队的核心成员，该团队将K Raheja集团打造成为印度房地产行业最受尊敬和领先的企业之一。.

他曾领导集团在印度各地开发甲级商业地产，并将 Mindspace Business Parks REIT 推向印度证券交易所；目前，他的重点是推动商业业务的战略运营，尤其注重利益相关者管理和业务发展。.

An Entrepreneur, and an MBA from the London Business School, Ravi has 26 years of comprehensive experience across real estate, retail and hospitality, right from the grassroots level to the C-suite. His multivariate experience and an inherent acumen for judging correctly has led him to spearhead business development for the Real Estate arm of the Group, and take it to greater heights. He also plays a key role in guiding the teams of finance, corporate strategy and planning, for the retail and hospitality divisions of the Company.

ueled by his vast experience of over two decades in the industry, Ravi is actively involved in charting the future growth of K Raheja Corp and each of its businesses, and has been a catalyst in the company’s evolution from a family owned business to a professionally managed and growing corporate.

A respected name in India Inc., Ravi is an active contributor to the industry through premier forums such as Indian Green Building Council, where he served as the Chairman (Mumbai chapter), and as member of the World Economic Forum

Known for his benevolence and an innate need to give back to the society, Ravi plays a key role in the group’s philanthropic initiatives through K. Raheja Foundation, Sadhana Education Society and S. L. Raheja Hospital.

Having built an excellent foundation Ravi spearheads the next phase of growth for the Group.

A Chartered Accountant from the Institute of Chartered Accountants of India (ICAI), Mr Keki Mistry brings with him nearly four decades of varied work experience in the Banking & Financial Services domain.

In 1975, Mr Mistry began his career with AF Ferguson & Co, a renowned Chartered Accountancy Firm, followed by short stints with Hindustan Unilever Ltd and Indian Hotels Company Ltd

In 1981, Mr Mistry joined HDFC Ltd., India's premier housing finance company. Over the years he held several responsibilities, prior to being inducted onto its Board as Executive Director in 1993. He was appointed as the Managing Director in 2000, as the Vice Chairman & Managing Director in October 2007 and the Vice-Chairman & Chief Executive Officer of the Corporation with effect from January 1, 2010. Mr Mistry is responsible for the overall functioning of the Corporation.

Mr Mistry has played a critical role in the successful transformation of HDFC into India's leading Financial Services Conglomerate by facilitating the formation of companies including HDFC Bank Ltd., HDFC Asset Management Company Ltd., HDFC Life Insurance Company Ltd. and HDFC ERGO General Insurance Company Ltd.

Besides being on the board of several HDFC Group companies, Mr Mistry is also on the Board of Tata Consultancy Services Ltd, Torrent Power Ltd, Griha Investments - Mauritius, Griha Investments Pte Ltd – Singapore and Flipkart Private Limited - Singapore.  He is also on the Advisory Boards of a few Indian Corporates.

Mr Mistry has been a Consultant to the Commonwealth Development Corporation (CDC) in Thailand, Mauritius, Caribbean Islands and Jamaica, guiding the company to review and evaluate the operations of mortgage financial institutions in these countries. He has also been Consultant to the Mauritius Housing Company and Asian Development Bank.

He is a Member of Primary Market Advisory committee (PMAC) constituted by Securities and Exchange Board of India (SEBI) and was a Member of Corporate Governance Committee constituted by SEBI in 2017 and Chairman of the CII Corporate Governance Committee 2016-17 to 2017-2018. He is currently the Chairman of the Cll National Council on Corporate Governance from 2019-20. He is also a Member of the CII Economic Affairs Council for 2021-22.

Some of Mr. Mistry's important recognitions include the ‘Lifetime Achievement Award for Corporate Governance’ for 2020 by the Asian Centre for Corporate Governance & Sustainability, 'CEO of The Year' under BFSI Category at CNBC Awaaz CEO Awards 2019, 'BMA Management Man of the Year 2016' at the 37th Bombay Management Association (BMA), 'Best Independent Director Award 2014' by Asian Centre for Corporate Governance & Sustainability, the Best CEO Financial Services (Large Companies) 2014 by Business Today magazine, CFO India Hall of Fame by the CFO India magazine in 2012, One of Best CEO for Investor Relations – India at the Thomson Reuters “Extel Awards” – 2012, Best Banker of the Year in 2011 by Financial Express, awarded the QIMPRO Gold Standard 2011– Leader for Quality in Business by the Qimpro Foundation, honored with the ‘CA Business Achiever of the year’ award in the Financial Sector by the Institute of Chartered Accountants of India (ICAI) in 2011, declared as the Best CFO in the Financial Services category by the ICAI for 2008, CNBC TV18's Award for the 'Best Performing CFO in the Financial Services Sector' for three consecutive years - 2006, 2007 & 2008 and CFO of the Year for 2008 and selection as the 'Best Investor Relations Officer' in the Corporate Governance poll by Asiamoney (2008).

Shri Ananta Barua was appointed by Central Government as Whole Time Member, of Securities and Exchange Board of India in Mumbai on August 1, 2018.

Shri Barua looks after Market Intermediaries Regulation and Supervision Department (MIRSD), Department of Debt and Hybrid Securities(DDHS), Investment Management Department (IMD), Market Regulation Department (MRD), Market Intermediaries Regulation and Supervision Department (MIRSD), Enforcement Department (EFD), Investigation Department, Legal Affairs Department (LAD), Enquiry and Adjudication Department, Board Cell and Parliament Affairs Cell.

Prior to this position, Shri Barua served as Executive Director from May, 2010 to July, 2018 in SEBI. He was in charge of various departments in SEBI such as Investment Management Department (consisting of Mutual Funds, AIF, PMS, Research Analyst, IAS), Foreign Portfolio Investors, DDHS (consisting of Debt securities, Securitised Debt Instruments(SDI), RIET, InVit, Municipal Bonds), Corporate Finance Department (IPO(ICDR), Listing (LODR), Corporate Restructuring (SAST, Buyback), LAD and EFD.

He was instrumental for developing regulatory framework for Issue and Listing of Debt Securities, Electronic Book Platform (EBP) Alternative Investment Funds (AIFs) including Angel Funds, Municipal Bonds, Securitisation, Green Bonds, REITs & InvITs, Insider Trading, Research Analyst etc.

Mr. Barua is a Commerce Graduate with LLB both from the University of Delhi. He also holds a Diploma in Management. Completed Regulatory internship for a month on derivatives with Chicago Board of Option Exchange (Cboe Global Markets), Chicago (July/August, 1998), and on Capital Market Regulation with International Law Institute (ILI), Washington in October, 1995.

Shri Barua was on deputation to Central Bank of Bahrain as Advisor from 2004 to 2006 and has previously worked with Industrial Finance Corporation of India (IFCI), National Fertilizers Ltd (NFL) and DCM Ltd. He joined SEBI in 1992.

Preeti Chheda is the Chief Financial Officer of K Raheja Corp Investment Managers Private Limited, Manager to Mindspace Business Parks REIT. Preeti has been associated with K Raheja Corp group for over 17 years across various roles in including equity and debt fund raising, acquisitions, raising private equity for real estate projects, investor relations and financial reporting. Before joining KRC Group she has worked with Marico Limited, Shell Gas (LPG) and Cairn Energy.

Preeti is a qualified chartered accountant with over 24 years of work-ex. She is also a Company Secretary and a CFA Charterholder. Preeti has also passed the Uniform CPA Examination from the Colorado State Board of Accountancy, USA. She is also a member of the Hybrid Securities Advisory Committee constituted by the Securities and Exchange Board of India and on the Expert Committee on REITs and InvITs in IFSC GIFT CITY. She also won the Economic Times, Best CFO in Financial Leadership Award 2024 and the Business World Best Women CFO Award 2024.

Ms. Meghana Pandit is the Chief Investment Officer at IndiGrid since 2018. She holds a bachelor’s degree in commerce and a master’s degree management studies from the University of Mumbai, has cleared all three levels of CFA, CFA Institute (US) and a post graduate diploma in financial analysis from the Institute of Chartered Financial Analysts of India. She has over 20 years of experience in investment banking and corporate finance, covering the infrastructure sector across private equity transactions, mergers and acquisitions, initial public offerings, qualified institutional placements and infrastructure investment trusts, in sub-sectors such as roads, airports, renewable power, thermal power, ports and real estate. She has previously worked in IDFC Bank, Deloitte Financial Advisory Services India Private Limited and Essar Steel Limited.

At IndiGrid, she is responsible for M&A, fund raising, treasury, investor relations and other growth initiatives.

Hari is Executive Vice President & the Chief Business Officer at NSE, India’s premier bourse for trading equities, currencies and their derivatives. In this role, Hari is responsible for strategic, policy initiatives & business growth for the Exchange across products, and spearheads the SME, listing and member services role at NSE. 

Prior to this role, Hari was head of listing compliance, membership, education & corporate communications.  He was initially involved with the clearing corporation of NSE and capital market & surveillance operations. He was part of the team that introduced derivatives in Indian capital markets.

Hari represents NSE at various committees of the Regulator and has been with NSE for over 26 years and has experience in regulatory and business development. 

Ritwik Bhattacharjee is the Chief Investment Officer at Embassy REIT. Ritwik was a member of the IPO team that listed Embassy REIT on the Indian stock exchanges in April 2019. Prior to Joining Embassy REIT, Ritwik managed a family office in India overseeing public and private investments. Ritwik spent 12 years as an investment banker at global banks, including Nomura, Citi, UBS and JPMorgan. Ritwik has worked on numerous REIT and real estate capital markets and advisory transactions in the United States and across Asia.

Ritwik holds a bachelor’s of arts degree in economics from Middlebury College, a master’s degree in business administration from the Amos Tuck School of Business Administration, Dartmouth College, and a master of arts degree in law and diplomacy from the Fletcher School of Law and Diplomacy, Tufts University.

Ms. Sunaina da Cunha is the Co-Head of Fixed Income at Aditya Birla Sun Life AMC Limited. She has a rich experience of 17 years in fixed income fund management with an expertise in structuring bond solution and credit transactions. As Co-Head, Sunaina leads the overall credit portfolio of the AMC..

She has been a part of the Aditya Birla Group since 2004 having started as a Group Management Trainee in Aditya Birla Management Corporation Private Limited.

Sunaina is a CFA Charter Holder from the CFA Institute, Virginia, USA. She is also an MBA from the Faculty of Management Studies (FMS), University of Delhi.

Umang is Executive Director and Chief Investment Officer at IIFL Wealth and has more than two decades of experience in investments and wealth management. As a part of his role at IIFL Wealth, Umang provides strategic guidance for investment decisions across asset classes including Equities, Real Estate, Fixed Income, Commodities and Alternatives with a focus on continuous product innovation.

Umang has spearheaded launch of several Alternative Investment Funds (AIFs) in India and also serves on the Investment Committee of several AIFs. He is also responsible for third party fund manager due diligence and selection, alternative investments, deal sourcing and provides continuous support to the sales team.

Umang holds board positions in a couple of companies including IIFL Distribution Services and IIFL Wealth Capital Markets. Umang also served on the board of IIFL Wealth Finance Ltd. (a systematically important NBFC) from February 2016 to November 2017.

Umang is an electronics engineer and holds a Master’s degree in Management Studies from Jamnalal Bajaj - Institute, Mumbai.

Born on 5^th January, 1974.

He holds Post Graduate degree in History from University of Delhi.  

He Joined the Indian Administrative Service (IAS) in 2002. Before joining as Joint Secretary, Department of Economic Affairs, Ministry of Finance, Government of India, he served as Secretary, Lokpal and Divisional Commissioner, Jalandhar, Punjab from 08/2018 to 01/2020. He also served in various field and secretariat positions in the Government of Punjab and Government of India. Among the posts he has held are Private Secretary to Union Minister of State (Independent Charge) in the Ministry of Housing and Urban Affairs; Director, Industries and Commerce Department, Punjab; Director, Technical Education and Industrial Training, Punjab, Commissioner, NRI, Punjab, Special Secretary, Expenditure, Punjab and Commissioner, Municipal Corporation, Chandigarh, Punjab.

高塔姆于1987年获得特许会计师资格，曾先后就职于两家领先的会计和税务咨询公司，之后创立了自己的独立事务所，并在此执业超过12年。他于2003年9月加入普华永道担任合伙人，此后担任过多个职务，包括2015年7月至2020年12月期间领导印度税务和监管业务；此前，他曾领导印度西部税务和监管业务以及金融服务税务和监管团队。他还曾担任普华永道印度资产管理行业的负责人。目前，他负责普华永道与印度一家大型企业集团的全球合作关系。.

多年来，Gautam 一直与跨国公司和国内客户合作，提供广泛的服务，拥有超过 30 年的跨多个行业的丰富经验。.

高塔姆目前是印度证券交易委员会（SEBI）另类投资政策咨询委员会成员，也是SEBI高收益证券委员会（负责房地产投资信托基金和基础设施投资信托基金）成员。他还是区域性房地产行业协会APREA印度分会的董事会成员，以及印度工业联合会（CII）私募股权委员会成员。他曾任美国商会成员、印度工业联合会全国直接税委员会成员，以及印度特许会计师协会专家咨询委员会成员。.

Gautam拥有法律和财务管理的硕士学位，同时也是印度特许会计师协会的会员。.

Born on 5^th January, 1974.

He holds Post Graduate degree in History from University of Delhi.  

He Joined the Indian Administrative Service (IAS) in 2002. Before joining as Joint Secretary, Department of Economic Affairs, Ministry of Finance, Government of India, he served as Secretary, Lokpal and Divisional Commissioner, Jalandhar, Punjab from 08/2018 to 01/2020. He also served in various field and secretariat positions in the Government of Punjab and Government of India. Among the posts he has held are Private Secretary to Union Minister of State (Independent Charge) in the Ministry of Housing and Urban Affairs; Director, Industries and Commerce Department, Punjab; Director, Technical Education and Industrial Training, Punjab, Commissioner, NRI, Punjab, Special Secretary, Expenditure, Punjab and Commissioner, Municipal Corporation, Chandigarh, Punjab.

阿什什 莫塔 是黑石集团高级董事总经理兼印度房地产收购主管，常驻孟买。自2007年加入黑石集团以来，先生……. 莫塔 曾参与分析住宅、商业和酒店行业的房地产投资。.

在加入黑石集团之前，先生. 莫塔 他曾担任查特吉集团（Chatterjee Group）房地产部门的助理副总裁，该集团是印度最早的私募股权投资公司之一。他负责该集团在印度各地房地产投资组合的财务和资源筹集工作。.

先生。. 莫塔 获得加尔各答大学商学学士（荣誉）学位和印度商学院工商管理硕士学位。.

Mr. Gajri joined HDFC Life in April 2009 and has a rich experience of over 26 years in banking and investments. He currently oversees the investment team at HDFC Life which manages assets of about Rs. 200,000 crore across fixed income, equity and other asset classes. He started his career in 1995 with Citibank and was associated with it for over 6 years delivering various roles. He joined Tata AIG Life Insurance Company in October 2001 to start the investment function and stayed there until April 2009, the last role being that of the Chief Investment Officer.

He holds a PGDM from IIM Ahmedabad and is also a CFA Charterholder.

Shri Sashi Krishnan is the Chief Executive Officer - National Pension System Trust (CEO, NPS Trust). He assumed charge as the CEO, of NPS Trust in January 2021. The National Pension System Trust (NPST) was established by PFRDA, as per the provisions of the Indian Trusts Act of 1882, for taking care of the assets and funds under the National Pension System, in the best interest of the subscribers.

He has over 30 years experience in the Pension Fund Management, Life Insurance and Mutual Fund industries. He has extensive experience in equity and debt markets.

He has done his BE (Hons.) Chemical Engineering and MSc (Hons.). Economics from BITS, Pilani. He also has a Diploma in Management from IGNOU with a specialization in Finance and CAIIB from the Indian Institute of Bankers.

Prior to joining the NPS Trust, he was the CEO at Aditya Birla Sun Life Pension Management Limited, His previous assignments include leadership roles with Aditya Birla Sun Life Insurance Co. Ltd., Bajaj Allianz Life Insurance Company Ltd., DBS Bank (Singapore), DBS Cholamandalam Asset Management Ltd. and Unit Trust of India. He is the Member of the Index Policy Committee of India Index Services & Products Ltd.

Shri Ananta Barua was appointed by Central Government as Whole Time Member, of Securities and Exchange Board of India in Mumbai on August 1, 2018.

Shri Barua looks after Market Intermediaries Regulation and Supervision Department (MIRSD), Department of Debt and Hybrid Securities(DDHS), Investment Management Department (IMD), Market Regulation Department (MRD), Market Intermediaries Regulation and Supervision Department (MIRSD), Enforcement Department (EFD), Investigation Department, Legal Affairs Department (LAD), Enquiry and Adjudication Department, Board Cell and Parliament Affairs Cell.

Prior to this position, Shri Barua served as Executive Director from May, 2010 to July, 2018 in SEBI. He was in charge of various departments in SEBI such as Investment Management Department (consisting of Mutual Funds, AIF, PMS, Research Analyst, IAS), Foreign Portfolio Investors, DDHS (consisting of Debt securities, Securitised Debt Instruments(SDI), RIET, InVit, Municipal Bonds), Corporate Finance Department (IPO(ICDR), Listing (LODR), Corporate Restructuring (SAST, Buyback), LAD and EFD.

He was instrumental for developing regulatory framework for Issue and Listing of Debt Securities, Electronic Book Platform (EBP) Alternative Investment Funds (AIFs) including Angel Funds, Municipal Bonds, Securitisation, Green Bonds, REITs & InvITs, Insider Trading, Research Analyst etc.

Mr. Barua is a Commerce Graduate with LLB both from the University of Delhi. He also holds a Diploma in Management. Completed Regulatory internship for a month on derivatives with Chicago Board of Option Exchange (Cboe Global Markets), Chicago (July/August, 1998), and on Capital Market Regulation with International Law Institute (ILI), Washington in October, 1995.

Shri Barua was on deputation to Central Bank of Bahrain as Advisor from 2004 to 2006 and has previously worked with Industrial Finance Corporation of India (IFCI), National Fertilizers Ltd (NFL) and DCM Ltd. He joined SEBI in 1992.

Born on 5^th January, 1974.

He holds Post Graduate degree in History from University of Delhi.  

He Joined the Indian Administrative Service (IAS) in 2002. Before joining as Joint Secretary, Department of Economic Affairs, Ministry of Finance, Government of India, he served as Secretary, Lokpal and Divisional Commissioner, Jalandhar, Punjab from 08/2018 to 01/2020. He also served in various field and secretariat positions in the Government of Punjab and Government of India. Among the posts he has held are Private Secretary to Union Minister of State (Independent Charge) in the Ministry of Housing and Urban Affairs; Director, Industries and Commerce Department, Punjab; Director, Technical Education and Industrial Training, Punjab, Commissioner, NRI, Punjab, Special Secretary, Expenditure, Punjab and Commissioner, Municipal Corporation, Chandigarh, Punjab.

Shri Sashi Krishnan is the Chief Executive Officer - National Pension System Trust (CEO, NPS Trust). He assumed charge as the CEO, of NPS Trust in January 2021. The National Pension System Trust (NPST) was established by PFRDA, as per the provisions of the Indian Trusts Act of 1882, for taking care of the assets and funds under the National Pension System, in the best interest of the subscribers.

He has over 30 years experience in the Pension Fund Management, Life Insurance and Mutual Fund industries. He has extensive experience in equity and debt markets.

He has done his BE (Hons.) Chemical Engineering and MSc (Hons.). Economics from BITS, Pilani. He also has a Diploma in Management from IGNOU with a specialization in Finance and CAIIB from the Indian Institute of Bankers.

Prior to joining the NPS Trust, he was the CEO at Aditya Birla Sun Life Pension Management Limited, His previous assignments include leadership roles with Aditya Birla Sun Life Insurance Co. Ltd., Bajaj Allianz Life Insurance Company Ltd., DBS Bank (Singapore), DBS Cholamandalam Asset Management Ltd. and Unit Trust of India. He is the Member of the Index Policy Committee of India Index Services & Products Ltd.

Mr. Gajri joined HDFC Life in April 2009 and has a rich experience of over 26 years in banking and investments. He currently oversees the investment team at HDFC Life which manages assets of about Rs. 200,000 crore across fixed income, equity and other asset classes. He started his career in 1995 with Citibank and was associated with it for over 6 years delivering various roles. He joined Tata AIG Life Insurance Company in October 2001 to start the investment function and stayed there until April 2009, the last role being that of the Chief Investment Officer.

He holds a PGDM from IIM Ahmedabad and is also a CFA Charterholder.

Neel 毕业于哈佛商学院，拥有金融和经济学硕士学位以及法学学位，拥有约 26 年的丰富商业经验。.

尼尔负责核心房地产业务，目前在IT办公园区和住宅区的建设中发挥着关键作用。他同时也是集团旗下酒店管理部门Chalet Hotels的董事会成员，该部门在印度各地管理着七家五星级酒店。他成功地在印度全国范围内推广了'Inorbit Malls'品牌，如今Inorbit已跻身印度三大购物中心公司之列。.

Neel 同时也是该国著名百货连锁店'Shoppers Stop'的董事会成员。.

他被《经济时报》评选为40位40岁以下精英之一。.

他担任一些对行业关键发展产生影响的重要委员会的主席，例如：

• APREA，印度分会主席。.
• NAREDCO-主席，西部。.
• 印度工业联合会（CII）主席 - 全国房地产和住房委员会。.
• 印度购物中心协会 (SCAI) 顾问委员会成员

他受印度政府委任，负责研究并提出对经济特区政策的修改建议。.

他受印度总理邀请，成为'变革先锋'成员。.

S. Sriniwasan（Srini）自 1993 年以来一直在 Kotak 集团工作，目前担任 KIAL 的负责人。.

斯里尼于2005年创立了印度首批房地产基金之一，并带领该基金发展壮大，募集并投资了18亿美元。斯里尼还负责监管Kotak私募股权基金、Kotak基础设施基金、Kotak特殊情况基金和Kotak上市策略基金。总体而言，KIAL已在这些资产类别中募集了约40.6亿美元的资金。.

在加入 KIAL 之前，他自 1995 年 Kotak 与高盛成立合资投资银行以来一直是其中的一员。在 2005 年之前担任 Kotak 投资银行联席主管期间，Srini 为国内外领先公司提供融资、并购和战略性资产剥离方面的咨询服务。.

斯里尼先生是印度工商联合会（FICCI）外国直接投资和房地产投资信托基金（REITs）政策倡议委员会成员，也是印度工业联合会（CII）资本市场小组委员会成员。他同时担任英国皇家特许测量师学会（RICS）南亚估值专业组委员会主席。此外，他还是亚太房地产协会（APREA）印度分会联合主席，以及全球房地产研究院（GRI）印度分会理事会成员。他还是印度私募股权和风险投资协会（IVCA）执行委员会成员，以及欧洲私募股权和风险投资协会（EMPEA）私募信贷委员会成员。.

阿什什 莫塔 是黑石集团高级董事总经理兼印度房地产收购主管，常驻孟买。自2007年加入黑石集团以来，先生……. 莫塔 曾参与分析住宅、商业和酒店行业的房地产投资。.

在加入黑石集团之前，先生. 莫塔 他曾担任查特吉集团（Chatterjee Group）房地产部门的助理副总裁，该集团是印度最早的私募股权投资公司之一。他负责该集团在印度各地房地产投资组合的财务和资源筹集工作。.

先生。. 莫塔 获得加尔各答大学商学学士（荣誉）学位和印度商学院工商管理硕士学位。.

Hari负责加拿大养老基金投资公司（CPP Investments）在印度的房地产投资，常驻孟买办事处。该公司在印度的房地产团队专注于与顶级合作伙伴共同投资办公、零售和工业等关键领域。.

在2014年加入加拿大养老基金投资公司（CPP Investments）之前，Hari曾就职于Kotak银行旗下另类资产投资部门Kotak Investment Advisors。他曾共同负责房地产基金业务，该业务管理的资产总额超过10亿美元，资金来源包括主权财富基金和其他全球有限合伙人。他的职业生涯始于世邦魏理仕（CBRE）和仲量联行（JLL）的企业融资部门。.

Hari 拥有印度德里大学金融硕士学位，并且是英国皇家特许测量师学会会员。.

斯里拉姆·卡塔先生是印度特许会计师协会资深会员，也是德里大学印度教学院的优秀毕业生。他拥有超过三十年的辉煌职业生涯，曾在集团公司层面担任领导职务，并担任过多个业务部门负责人职位。.

目前，作为DLF集团租赁业务副董事长兼总经理，他负责管理印度最大的房地产开发商的租赁物业组合。卡塔先生为遍布全国的约4400万平方英尺办公空间和约550万平方英尺零售空间的租赁物业组合提供战略指导和领导。他主导创建了一体化的商业模式，组建了一支积极进取的团队，致力于在整个物业组合中树立安全、可持续发展、ESG（环境、社会和治理）以及以客户为中心的全球标杆，同时确保业务计划的实现。.

他是亚太房地产协会印度分会的副主席，也是印度工业联合会（CII）房地产和住房国家委员会的成员。.

卡塔先生曾在印度和海外多家知名机构担任过多个高级领导职务。.

Mr. Mike Holland is Chief Executive Officer of Embassy Office Parks, India’s first and only listed REIT, sponsored by Embassy Group and Blackstone. Embassy REIT listed on the Bombay Stock Exchange in April 2019. In April 2020, the business had a market capitalisation in excess of USD 3 bn.

Mike has worked in Asia since 1995 and has lived in India for close to two decades. He currently resides in Bangalore. He is also a board member of a number of charitable organizations with a focus on disability and education.

Background

• Gaurav Karnik is Partner with Ernst & Young tax practice in India and is the National Leader for Real Estate sector for EY India and National Leader for Sovereign Wealth Funds and Pension Funds for EY India
• Gaurav joined Ernst & Young in 2002 and is based in Gurgaon.
• He is a Chartered Accountant from Institute of Chartered Accountants of India and also holds a Bachelors degree in Economics from Delhi University
• Fluent in English, Hindi and Marathi

Skills

• Gaurav has more than 20 years of experience in the field of taxation, regulatory matters, and international taxation.
• Handling international taxation issues including,permanent establishment issues and other regulatory issues
• Handling Inbound and Outbound tax advisory related issues and Transaction tax related advisory issues

Professional Experience

• Advised several US, UK, Singapore based real estate and infrastructure focused private equity funds in structuring their India centric real estate an d infrastructure funds and their specific investments in Indian companies
• Advised several foreign real estate developers with their India real estate strategy and transactions.
• Advised global hospitality chains in establishing presence in India and tax litigation
• Advised global mall developers on their India real estate strategy and restructuring
• Advised developers and funds on potential REIT strategy
• Advising multinational companies on entry strategy, restructuring and setting up offshore tax efficient vehicles
• Advising on regulatory issues in establishing and doing business in India
• Actively involved in inbound and outbound structuring for clients engaged in the automotive, diversified industrial products, infrastructure, real estate companies
• Assisted number of multinational company on their tax disputes with Indian Revenue authorities
• Advising on international tax issues including permanent establishment issues in India
• Assisted various funds with tax due diligence in India
• Assisted domestic companies in outbound investments and group restructuring
• Assisted real estate industry associations such as APREA, FICCI etc with representation REIT, GST to the Ministry of Finance and SEBI
   

Tel +91 (0)12 4464 4032
Mobile +91 (0)98 11214668
Fax +91 (0)12 4464 4050
电子邮件 gaurav.karnik@in.ey.com 

阿米特·马图尔是新加坡政府投资公司（GIC）房地产部门的高级投资专家。作为GIC房地产印度投资管理团队的创始成员，他深度参与了推动印度房地产投资重点和战略的制定。. 

Amit在房地产开发和投资管理领域拥有22年的经验。加入GIC之前，他曾先后就职于Kotak Realty Fund、Ascendas、K Raheja Corp和Shapoorji Pallonji Group。在GIC任职期间以及职业生涯早期，Amit曾主导过一些开创性的投资项目。.  

Amit拥有谢菲尔德大学建筑学学士学位和管理学研究生学历（MBA）。.

Mr. Rahul Rai is with ICICI Prudential AMC Ltd and heads the management of third party close ended funds that invest in real estate projects and pre-leased offices. Rahul has over25 years of experience of which the past 16 years have been specialized on Indian real estate sector and includes expertise across all real estate asset classes and cities.  

Prior to ICICI Prudential, Rahul was with SUN-Apollo Real Estate Advisors as Principal  and before that he has worked with Ernst and Young and Arthur Andersen. 

Rahul is a member of Institute of Chartered Accountants of India and has done his graduation in Commerce from the Bombay University. 

高塔姆于1987年获得特许会计师资格，曾先后就职于两家领先的会计和税务咨询公司，之后创立了自己的独立事务所，并在此执业超过12年。他于2003年9月加入普华永道担任合伙人，此后担任过多个职务，包括2015年7月至2020年12月期间领导印度税务和监管业务；此前，他曾领导印度西部税务和监管业务以及金融服务税务和监管团队。他还曾担任普华永道印度资产管理行业的负责人。目前，他负责普华永道与印度一家大型企业集团的全球合作关系。.

多年来，Gautam 一直与跨国公司和国内客户合作，提供广泛的服务，拥有超过 30 年的跨多个行业的丰富经验。.

高塔姆目前是印度证券交易委员会（SEBI）另类投资政策咨询委员会成员，也是SEBI高收益证券委员会（负责房地产投资信托基金和基础设施投资信托基金）成员。他还是区域性房地产行业协会APREA印度分会的董事会成员，以及印度工业联合会（CII）私募股权委员会成员。他曾任美国商会成员、印度工业联合会全国直接税委员会成员，以及印度特许会计师协会专家咨询委员会成员。.

Gautam拥有法律和财务管理的硕士学位，同时也是印度特许会计师协会的会员。.

He Bhairav has a varied experience in advising Indian and multinational groups in the area of Real Estate, Infrastructure and Private Equity. He has over 20 years of post-qualification experience in transaction and tax advisory services. Over the last 17 years his focus has been Real Estate.

Bhairav has also advised Real Estate companies on complex projects involving investment structuring and group restructuring. Given his experience, he has been extensively involved in the REIT / InvIT discussions in the industry and regulators as well. He has handled diverse assignments in the transaction and corporate restructuring space, involving:

• developing real estate fund structures and consummating their investments
• Redevelopment Projects (including SRA’s & Society re-development projects)
• Infra space such as bid structuring, private equity funding, re-structuring for Singapore BT listing M & A and Inbound advisory

Bhairav is a graduate in Commerce from the University of Mumbai and is a member of the Institute of Chartered Accountants of India since 2002. He regularly speaks on Real Estate related topics before various forums, and contributes articles, interviews to several newspapers, magazines and business news channels.