A Singapore-based company, we invest in road and highway projects along with other select infrastructure sectors in India.
We are an independent, professionally-managed organization leveraging the extensive transportation experience of its management and execution advisory teams.
Institutionally backed, independently managed
Largest portfolio of toll roads in India
300 + member Advisory Team
Demonstrated de-risking post acquisition
Pioneer in the sector, with several industry-first initiatives
Our shareholders are leading international investors, consisting of I Squared Capital, a wholly-owned subsidiary of the Abu Dhabi Investment Authority, International Finance Corporation, and a consortium of Japanese investors including Mitsubishi Corporation, Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development, East Nippon Expressway Company Ltd. and Japan Expressway Company International Ltd.
I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, and transport in North America, Europe, and select high growth economies.
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
Abu Dhabi Investment Authority (ADIA) manages a global investment portfolio on behalf of the Government of Abu Dhabi with a focus on long-term value creation.
Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses worldwide, as well as a global network of around 1,500 group companies.
At the wheel
Prior to I Squared Capital, Gautam spent 11 years at Morgan Stanley in New York and Asia. He worked on debt restructurings, debt and equity financings as well as M&A for some of the firms larger clients such as General Motors, Tyco, Accenture, etc.
He joined Morgan Stanley Infrastructure Partners (MSIP), a $4 billion global infrastructure fund, in 2008. At MSIP he was Managing Director and the Head of Morgan Stanley Infrastructure fund in Asia. He was a voting member of the Investment Committee and served on several of the Review Committees for the fund, globally. Prior to joining Morgan Stanley, Gautam worked at Advanced Technology Materials Inc., a semiconductor chip technology company.
Gautam holds an M.B.A. in Finance from the Stern School of Business at New York University where he was an Amerada Hess Merit Scholar, a Ph.D. in Chemistry from the University of Delaware, where he was the University Merit Fellow and recipient of the Joel L. Silver Award for the best doctoral dissertation work and a B.Sc. (Honors) from St. Stephens College, Delhi University. Gautam also holds 20 patents in the semiconductor industry and is the author of several published academic papers.
He is on the Board of Cube Highways and Infrastructure Pte. Limited, Cube Highways and Infrastructure II Pte. Limited and Cube Highways and Infrastructure III Pte. Limited.
George has more than 32 years of infrastructure project development and financing expertise. He is currently Operating Director of I Squared Capital and was earlier Managing Director and Head of Black & Veatch Management Consulting business in Asia & Middle East.
He specializes in developing private–public partnership (PPP) and private-financed solutions across a full range of infrastructure sectors such as transportation (ports, rail and toll roads), power and water sectors. In particular, he successfully turned around management of emerging market distressed gas processing, water, power, and transportation infrastructure projects.
George is a British national. He received a Bachelor of Science (Honors) in Civil Engineering from Middlesex University, U.K. in 1981 and a Master of Science (Distinction) in Construction Management from Heriot-Watt University, U.K. in 1992.
He is on the Board of Cube Highways and Infrastructure Pte. Limited, Cube Highways and Infrastructure II Pte. Limited, Cube Highways and Infrastructure III Pte. Limited and Cube Mobility Investments Pte Ltd.
Harutaka Ishikawa has over 25 years of experience in the financial business, including alternative investment and asset management in infrastructure. He is now working for Mitsubishi Corporation as a General Manager, Global Infrastructure Department.
He has a bachelor’s degree of Arts in Law and a master’s degree in Public Policy from the University of Tokyo, Japan and a master’s degree of Business Administration from Wharton Business School, US.
He is on the Board of Cube Highways and Infrastructure Pte. Limited.
Harsh brings more than 18 years of financial services and investing experience. Harsh led the formation of Cube Highways for I Squared Capital. He also recently led the divestment of a minority stake by I Squared Capital in Cube Highways to ADIA and Japan Highways International.
Other than that, Harsh also led the team on the 2015 investment in Amplus Energy Solutions, a leading Enterprise Energy Solutions company. He was also instrumental in the creation of THINK Gas, a pan-Asia focused natural gas investment platform.
Prior to joining I Squared Capital in 2013, Harsh served for 12 years in various roles at Morgan Stanley in the United States and India. During his career at Morgan Stanley, he was involved in strategic transactions and financings for transportation and infrastructure companies in North America, investing in health care and industrial companies in the United States, evaluating growth capital opportunities for companies in India, and most recently financing infrastructure projects in India as part of Morgan Stanley Infrastructure (MSI).
Before MSI, Harsh worked with Morgan Stanley Principal Investments (MSPI) in Mumbai and Morgan Stanley Capital Partners (MSCP) in New York.
Harsh holds dual degree in computer science and economics from Lafayette College in Easton, Pennsylvania. He is married with two children and lives in Singapore.
John Mantzavinatos is a Principal Investment Officer with IFC in Dubai, focusing on investments in infrastructure and transportation. John has more than 20 years of investment banking and principal investing experience.
Prior to joining IFC, John worked for Instrata Capital in Bahrain, focusing on investments and asset management of infrastructure assets in the GCC region. Previously he was also a Managing Director of Macquarie Capital in London where he worked on a number of acquisitions and disposals in the infrastructure & transportation sectors globally. John has also held positions in London and New York for HSBC, UBS and Credit Agricole Indosuez where he advised on a significant number of international M&A, debt, equity and privatization transactions across a range of infrastructure sub-sectors.
John holds a Bachelor degree in Aerospace Engineering from the University of Southampton, UK, a Master’s degree in Air Transport Management from Cranfield University, UK, and a Master’s degree in Systems Engineering from the University of Sheffield, UK.
He is on the Board of Cube Highways and Infrastructure Pte. Limited.
Projesh has over 10 years of experience in the field of infrastructure investments and financing. Currently, he is working with Abu Dhabi Investment Authority as a Portfolio Manager (Infrastructure Division). Previously, he was associated with J.P.Morgan and Macquarie in their Investment Banking Division.
Projesh has a bachelor’s degree in Mathematics and Economics from DePauw University, U.K. and a masters’ degree in Economic History from The London School of Economics and Political Science (LSE).
He is on the Board of Cube Highways and Infrastructure Pte. Limited, Cube Highways and Infrastructure II Pte. Limited and Cube Highways and Infrastructure III Pte. Limited
Sayantan Lahiri has experience in the field of portfolio management, investor relations and investment management in infrastructure, construction, healthcare, oil storage and manufacturing sectors. Currently, he is working with I Squared Capital as a Director. Previously, he was associated with UTI Asset Management Company, Wachovia and Deutsche Bank Group. He joined the Sponsor in January 2019.
Sayantan has a bachelor’s degree in Engineering from Indian Institute of Technology, Kharagpur and also has a master’s degree in Management (Finance) from Indian Institute of Management, Lucknow. He is a CFA charter holder.
He is on the Board of Cube Mobility Investments Pte Ltd.
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