LCR Capital Partners appoints Raj Chinai as Senior Advisor – Middle East & India
Added: (Tue Apr 24 2018)
Pressbox (Press Release) -
New Delhi, 24th April 2018: LCR Capital Partners, a US-based private investment and advisory firm, is pleased to announce that Raj Chinai, CEO of ARC Advisory Partners, has joined the LCR team as Senior Advisor – Middle East & India. Based out of Dubai, Raj Chinai will be instrumental in facilitating LCR's growth in the region through valuable insights, growth strategies and business development activities on EB-5 program-focused business across the Middle East and India.
The EB-5 Investor Visa Program provides an opportunity for qualified immigrant investors and their immediate families (children up to the age of 21) to obtain US green cards and permanent residency through a one-time investment of $500,000, typically as 5-year secured loans, into premier hospitality brands and iconic real estate projects that create 10 or more American jobs. One example is the Four Seasons Hotel & Residences in Miami, Florida, for which LCR is currently raising EB-5 capital.
Over the past 20 years, Raj has had a successful track record of advising family offices and high-growth businesses on investment strategies in the technology, real estate, and education sectors. Most recently, he was the Managing Director of Sobha Group in Dubai, one of the most admired real estate development companies in the MENA region. Previously, he was a venture capitalist in India, initially as a founding team member and Principal at SVB India Capital Partners and subsequently with Kalaari Capital. As a VC, he has invested in and advised some of India’s most dynamic and successful start-ups, including Paytm, Shaadi.com, and Snapdeal. He holds an MBA from the Kellogg School of Management, MPA from Harvard and BA from the University of Pennsylvania.
Speaking on his new role with LCR, Raj Chinai said: “Parents typically view their children’s education as a top priority. For many families in India and the Gulf region, the US remains a preferred destination when it comes to providing their children with unparalleled educational and career opportunities. Unfortunately, however, many foreign college applicants are rejected each year based on the color of their passport. Through the EB-5 program, LCR is addressing this pain point, which rewards children based on true merit and enhances their odds of admission to their dream college — regardless of whether it’s an Ivy League school, large public university or small liberal arts college. Upon graduating, this also opens the doors to employment opportunities in the US, including highly coveted spots at consulting firms, investment banks and tech companies that may otherwise be out of reach. As a first-generation immigrant, I believe in LCR’s value proposition. I look forward to being a part of their journey and accelerating their expansion efforts in this part of the world.”
LCR Capital Partners’ Founder & CEO, Suresh Rajan said: “Raj has the perfect background and business acumen that we seek for our globally expanding team. His strong professional experience of working with numerous path-breaking and high-growth businesses is extremely valuable for us at LCR Capital Partners. I am confident that his knowledge and expertise, coupled with his far-reaching global network, will help successfully guide and fulfill LCR’s mission in the Middle East and India.”
About LCR Capital Partners
LCR Capital Partners is a partner owned, private investment and advisory firm. Headquartered in Westport, Connecticut in the U.S., the company also has offices in China, India, Brazil, South Africa and Dubai. LCR currently serves over 300 HNW and UHNW families from 20+ countries.
LCR's EB-5 business deploys EB-5 investments as growth capital in signature real estate and hospitality projects and helps international investors and their immediate families obtain U.S. green cards and residency.
LCR works with global wealth management firms to specifically identify equity and debt investment opportunities in real estate, infrastructure and logistics in India, the GCC and other regions to deploy capital for its partners and their clients.