C-36, FLOOR -3, B, JAYANT APARTMENTS,
APPASAHEB MARATHE MARG,
PRABHADEVI
MUMBAI ( Maharashtra), India
400025
Email – [email protected]
Funds managed-
Name of the fund is not mentioned- but with the help of the media article we know that its close ended fund invests in mid cap stocks.
| Fund name | Asset Class | License |
| Fund name – not found | SEBI AIF Cat 3 | |
| Fund name – not found | SEBI AIF Cat 3 |
About the AMC
- OysterRock Capital Llp is a Limited Liability Partnership firm incorporated on 18 May 2017. It is registered at the Registrar of Companies, Mumbai. Its total obligation of contribution is Rs. 50,000.Designated Partners of Oysterrock Capital Llp are Umesh Anantrai Bhatt, Tejas Dharmendra Doshi and Mehul Umesh Bhatt.
- Key staff –
- Mehul Bhatt (Founder, CIO)
Mehul Bhatt has over 20 years of experience of over 15 have been spent as a Portfolio Manager in the investment management business with leading asset management companies. He brings a successful record of bottom-up investing along with deep relationships in the Indian ecosystem. Mehul’s last assignment was with HSBC Global Asset Management. He joined HSBC Asset Management India as the Head of Equities, Portfolio Management Services in 2009 and managed the investment till 2014. From 2014 till 2017, Mehul was the dedicated advisor to the India offshore funds totalling around $ 2 billion run out of Hong Kong. He worked with Credit Suisse and at ASK Raymond James Investment Managers for five years till 2008.
- Tejas Doshi (Director)
Tejas Doshi is a certified graduate from the Institute of Cost and Management Accountants of India. Since 1994, he has pursued his passion in the equity markets starting at an investment house where he was part of a team that managed proprietary money for the wealthy owners. He then moved to Sushil Finance a boutique broking and investment firm specialising in mid-cap companies in India where he worked for almost 15 years in different roles across sectors. Tejas’ and his team’s work was recognised by being awarded the Best local brokerage house by Asiamoney for small and mid-cap research several times through 2000-2010. It is here that Tejas also developed and honed his people skills and led a research team of ~ 10 analysts. He spent a considerable amount of time in understanding the critical success factors for many of the mid and small companies during this tenure. He then joined Barclays Wealth briefly before beginning to manage his family portfolio across asset classes using an ‘ethical investing’ format from April 2012. Tejas brings with him a wealth of knowledge and experience in the Indian mid and small cap space.
Investment Philosophy (for firm)
The founding team is from Mumbai and wanted the name to signify its roots. Oyster Rock – being a fort – also signifies the key virtue of strength and being an island signifies adventure and discovery. This in a way represents the investment philosophy that OysterRock Capital will pursue. The fund is focused on identifying and investing in mid-sized businesses that are listed in the Indian public markets. The name ‘Oyster’ connotes the discovery layer of finding pearls – some of these mid-sized businesses would become large successful enterprises in future.
The logo outlines the Indian tiger, highlighting our focus on the market we operate in. The font is Gothic and all communication is in Franklin Gothic font honouring the great Ben Franklin who remains one of our heroes and inspiration.
Media
Oyster Rock to raise $100 million for value fund, Economic Times, Dec. 13, 2017.
They were planning to raise about $100 million for a closed ended fund, which is particularly for investing in value opportunities in the equity market, and will focus on sectors like Midcap IT, companies in the transition phase from mid cap to large cap and fundamentally strong companies struggling due to market conditions.
The firm will start talks with family offices, ultra high networth individuals, endowment funds and pension funds. Unlike conventional funds that tend to remain open perpetually, this fund will be closed and reopened only at favourable times to raise capital, Bhatt said.
Conclusion- value investor, stock picker focus on mid cap.
Analyst questions
- By the investment philosophy being followed by your firm, do you want to convey that you have a behavioural advantage?
- What are the parameters that you take into consideration to define a company as fundamentally strong?
- Who are your target investors? Are you raising funds from offshore investors as well?
- What is your investment strategy? Are you long only or do you engage in event based arbitrage?
Prepared by – Ridhima Jaisinghani
Date – 9th May 2020
Peer reviewed by -Vanshika
Date- may 11
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