Hong Kong-headquartered real estate investment firm Gaw Capital has hired a former Macquarie executive to join as its head of India.

Nitin Gupta joins Gaw Capital as a managing director and head of India, according to a statement.

Gupta has around three decades of experience, most recently with Macquarie Infrastructure and Real Assets Investments (MIRA) where he was a managing director. He was with Macquarie Group for over 14 years and previously also worked at PwC and Industrial Development Bank of India.

India Expansion

Gaw is seeking to bolster its India business in the midst of a growing wave of institutional demand for investments in the country’s commercial properties, industrial properties and data centers.

Gupta will be tasked with leading the expansion in India where Gaw will add a Mumbai office in addition to its existing locations in Hong Kong, London and Los Angeles. 

Founded in 2005, Hong Kong-headquartered Gaw Capital has $35.2 billion in assets under management, as of the first quarter of 2022.