RAKESH PATEL
RAKESH PATEL
Finance & Operations India Avenue Investment Advisor Pvt Ltd
BIOGRAPHY
RAKESH comes with over 18 years of work experience in diversified industries with comprehensive skills, knowledge & exposure in the field of Financial Operations, Accounts, Receivables & Payables, Statutory Compliance, Audits and MIS across his tenure.
During his past work experience as a finance and accounts professional, he had made valuable contribution in the success of organization with guided financial controls and practices. A planned and focused approach to work to meet the ultimate objective of the final deliverables has been the driving factors for his successful journey so far.
His professional association with Accounting & Audit Firms like RSM & Co and Price Waterhouse has aided him with an opportunity to work with the best of the business houses and professional organization’s operating in India.
Having spent a successful Accounting and Financial career in the corporate world, India Avenue, is the next creative challenge towards Asset Management.
He holds a Master of Commerce Degree from Mumbai University, Maharashtra.
India Avenue is a boutique investment management firm providing investment solutions that allow our clients to benefit from India’s remarkable growth story.
OUR BUSINESS
2005
The journey towards the “birth” of India Avenue originated in 2005, when ING Investment Management started a business in India as a separate division, utilising a practiced multi-manager philosophy in markets like Australia, and exported it to India. Three of our founders, Mugunthan Siva, Rajeev Thakkar and Sajjan Raut Desai worked together for INGIM (India), building investment strategies and structures, under this philosophy and applying them to Indian capital markets
2011
In 2011 our founders started discussing the possibility of building an investment firm with a capability to provide a focus on India as an stand-alone investment jurisdiction for foreign investors. The founders identified Australia and New Zealand as nascent markets for investing in regional locations, with the potential to accelerate given education and insights which the firm could provide.
2015
By 2015 the group of founders decided to work full-time on this concept to bring it to life. They did this by leaving their existing employment, thus exercising high conviction in the investment region of India as a long-term structural story for investors in Australia and New Zealand. Thus, the firm India Avenue Investment Management was registered and came to life in 2015 in Sydney, Australia.
2016
After building our business for a period of 12 months, our first fund, The India Avenue Equity Fund was launched on 6th September 2016, with strong service provider partners like Equity Trustees (RE), Mainstream (Fund Administrator), KPMG (Fund Auditor) and BNP India (Custodian).
NOW
India Avenue is now a boutique investment business firm, with clients spread across family offices, high net worth individuals, wealth advisers and financial planning firms. Our firm has focused on education and knowledge as a driver of investment behaviour and have taken a long-term approach towards Australian and New Zealand investors contemplating an allocation to India’s growth as part of their portfolios. Our firm has assets in excess of A$50m and the India Avenue Equity Fund is rated “Recommended”* by Lonsec and is available on multiple investment platforms across Australia and New Zealand.