Latest news with #RavaPartners
Arabian Business
13-05-2025
- Business
- Arabian Business
Elevate acquires Dubai's Hartland School in $100mn deal, marking GCC entry
Elevate, a portfolio company backed by Rava Partners in collaboration with Alta Capital, announced the acquisition of the real estate of Hartland International School (HIS) in Dubai. The school property is valued at $100 million, the company said. Elevate acquired the asset from the NBK Capital Partners Real Estate Fund, which is advised by Janus Henderson Emerging Markets Private Investments Limited (JHEMPIL). Elevate expands to GCC The acquisition marks Rava Partners' debut in the GCC region and reflects Elevate's strategy to scale high-quality educational infrastructure in key global markets. Conveniently located in Mohammed Bin Rashid City, just a 10-minute drive from the Burj Khalifa and the centre of Dubai, HIS is a prestigious K-12 school set on nine acres of freehold land. Founded in 2015, the school provides the UK curriculum to its over 2,050 students and ranks among the top schools in Dubai. The school is under a long-term lease managed by Meraki Education, which oversees four schools across Singapore and Dubai. The deal builds on Elevate's successful track record of investing in education-oriented infrastructure in India and marks its first commitment to the GCC region. Established in 2023 by Rava Partners and its Indian operating partner, Alta Capital, Elevate specialises in the development and management of premium K-12 schools and student accommodation facilities. Currently, Elevate owns more than 30 education-oriented assets across India, valued at approximately $1 billion, that serve more than 90,000 students. 'This acquisition is a strategic milestone for Elevate as they enter the dynamic and growing Middle East market,' said Joe Gagnon, Co-Head of Rava Partners. 'We see education-focused real assets as a compelling opportunity to capitalise on the GCC region's growth, driven by strong demographic trends and a robust demand for high-quality educational offerings,' he said. Sid Gupta, Founder & Managing Partner of Alta Capital, said Hartland International School highlights the exceptional educational infrastructure available in the GCC. 'With our expertise in this niche real asset category, we are well-positioned to identify and invest in more opportunities like this,' he said. Gupta said backed by a strong team and deep operating experience, the firm is actively expanding its presence in the GCC to invest in high-growth compelling sectors that align with its long-term, impact-driven real asset approach.
Zawya
08-05-2025
- Business
- Zawya
Hillhouse's real estate platform, Rava Partners, expands portfolio of education-oriented assets with first acquisition in the Middle East
Dubai – Elevate, a portfolio company backed by Rava Partners in collaboration with Alta Capital, today announced the acquisition of the real estate of Hartland International School ('HIS') in Dubai from NBK Capital Partners Real Estate Fund advised by Janus Henderson Emerging Markets Private Investments Limited ('JHEMPIL'), valuing the school property at US$100 million. This acquisition marks Rava Partners debut in the GCC region and reflects Elevate's strategy to scale high-quality educational infrastructure in key global markets. Hillhouse Investment ('Hillhouse'), together with Rava Partners' senior management, established the real assets platform Rava Partners in 2020. Alta Capital is the exclusive operating partner for Rava Partners in India, bringing valuable educational expertise which is of strategic relevance to this transaction. Conveniently located in Mohammed Bin Rashid City, just a 10-minute drive from the Burj Khalifa and the centre of Dubai, HIS is a prestigious K-12 school set on nine acres of freehold land. Founded in 2015, the school provides the UK curriculum to its 2,050+ students and ranks among the top schools in Dubai. The school is under a long-term lease managed by Meraki Education, which oversees four schools across Singapore and Dubai, including HIS. The deal builds on Elevate's successful track record of investing in education-oriented infrastructure in India and marks its first commitment to the Gulf Cooperation Council (GCC) region. Established in 2023 by Rava Partners and its Indian operating partner - Alta Capital, Elevate specializes in the development and management of premium K-12 schools and student accommodation facilities. Currently, Elevate owns more than 30 education-oriented assets across India, valued at approximately US$1 billion, that serves more than 90,000 students. 'This acquisition is a strategic milestone for Elevate as they enter the dynamic and growing Middle East market' said Joe Gagnon, Co-Head of Rava Partners. 'We see education-focused real assets as a compelling opportunity to capitalize on the GCC region's growth, driven by strong demographic trends and a robust demand for high-quality educational offerings.' Sid Gupta, Founder & Managing Partner of Alta Capital added 'Hartland International School highlights the exceptional educational infrastructure available in the GCC. With our expertise in this niche real asset category, we are well-positioned to identify and invest in more opportunities like this. Backed by a strong team and deep operating experience, we're actively expanding our presence in the GCC, to invest in high-growth compelling sectors that align with our long-term, impact-driven real asset approach.' The seller, NBK Capital Partners Real Estate Fund advised by Janus Henderson Emerging Markets Private Investments, is a leading investor in the region and has played a significant role in developing premium education infrastructure in the GCC. Yaser Moustafa, Head of Investments at JHEMPIL said: 'We are delighted with the successful exit of this asset. We are confident in Elevate's ability to be a valuable long-term partner to Meraki and local businesses in the Middle East. This transaction reflects the growing interest in education infrastructure and the continued strength of institutional demand for alternative assets, including real estate, in the region.' Standard Chartered Bank acted as the sole lender to this transaction. About Hillhouse - Rava Partners: Founded in 2005, Hillhouse Investment ('Hillhouse') is a global alternative investment manager dedicated to partnering with high quality businesses for the long-term. With nearly two decades of experience, Hillhouse has grown to be among the largest alternative asset managers with a range of investment strategies that span public equities, private equity (across buyout, venture capital and growth strategies), private credit and real assets. Hillhouse collaborates with industry-defining enterprises, aiming to establish alignment with sustainable, forward-thinking companies across healthcare, business services, consumer, and industrial sectors. The firm manages capital on behalf of leading institutional clients worldwide, including university endowments, foundations, and sovereign wealth funds across the Americas, Europe, Asia and the Middle East. For more information, visit Rava Partners invests in real assets, partnering with quality business leaders to build the physical infrastructure that underpins Asia-Pacific's new economy. Rava Partners builds real asset platforms in growth sectors of Asia's economy such as education, logistics / industrial, life sciences / healthcare, multifamily accommodation, digital infrastructure and other specialized asset classes. Rava Partners is the real assets fund established by Hillhouse together with Rava Partners senior management in 2020 as a complement to Hillhouse's broader private investment platform. Since its launch, Rava Partners has committed more than US$3 billion in 18 real estate companies across the Asia Pacific region. About Janus Henderson Emerging Markets Private Investments Limited: Janus Henderson Emerging Markets Private Investments Limited ('JHEMPIL') is the wholly-owned subsidiary of the Janus Henderson Group plc focused on emerging markets private capital. JHEMPIL currently manages and advises investment funds across Private Equity, Private Credit and Real Estate strategies. The investment team at JHEMPIL and its predecessor firm, NBK Capital Partners, has successfully advised on closing 39 investments across a variety of sectors in the MENA region, with 30 exits to date. JHEMPIL is regulated by the ADGM Financial Services Regulatory Authority with Financial Services Permission no. 220149. Janus Henderson Group is a leading global active asset manager dedicated to helping clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service. As of March 31, 2025, Janus Henderson had approximately US$373 billion in assets under management, more than 2,000 employees, and offices in 25 cities worldwide. The firm helps millions of people globally invest in a brighter future together. Headquartered in London, Janus Henderson is listed on the New York Stock Exchange (NYSE).
Reuters
01-04-2025
- Business
- Reuters
Hillhouse Investment injects $150 million in Asian rental firm Dash Living
April 1 (Reuters) - Asian rental housing provider Dash Living said on Tuesday that Rava Partners, a unit of global equity firm Hillhouse Investment, had invested up to $150 million in the company, taking a majority stake. Dash Living did not disclose how much stake Rava, which invests in real assets and physical infrastructure, will get or the company's valuations after the investment. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. Dash Living, founded in 2014, is a Hong Kong-based provider of rental housing solutions, managing over 2,000 rooms across key cities such as Hong Kong, Singapore and Tokyo. It had previously raised $8.8 million in March 2021, according to the data platform Tracxn. The latest investment will help Dash Living expand their services and also in the Asia-pacific region, including Japan, the company said.
Yahoo
27-03-2025
- Business
- Yahoo
Hillhouse hires Japan co-heads for real estate investment arm from Blackstone, source says
By Sam Nussey and Miho Uranaka TOKYO (Reuters) -Hillhouse Investment has hired co-heads for its Japan real estate investment business, a person familiar with the matter said, as it bulks up its operations there. Hillhouse has hired Jeremy Bleackley and Wataru Goto as co-heads of Japan for Rava Partners, the person said. The two join from Blackstone where they were managing directors of the Real Estate Group. The source declined to be named as the information is not public. Hillhouse is expanding in Japan, which has become a focus for investors as a drive to improve corporate governance encourages asset sales and take-private transactions. The asset manager is looking to invest $1 billion to $2 billion annually in Japan and roughly double its headcount in there, Reuters reported earlier this month. Hillhouse was founded by China-born dealmaker Zhang Lei in 2005. It is known for its hedge fund and private equity investments and has also moved into real estate and private credit. Hires in Japan by Hillhouse include former Bain Capital partner Tomohiro Kikuta to lead the Japan operations and Wern-Yuen Tan, a former executive at PepsiCo. Hillhouse's investments in Japan include real estate developer Samty Holdings, which was valued at over $3 billion on an enterprise basis, and restaurant software business Dinii. Rava Partners was established in 2020 and has invested more than $3 billion in 18 real estate companies in Asia, a source said. Sign in to access your portfolio
