Guy Sangster
Sangster Group Ltd
Robin Saunders
Clearbrook Capital Partners LLP

Shirish Saraf

London, UK

Founder & Vice Chairman

Samena Capital

Shirish Saraf

Biography

Shirish Saraf grew up in Oman and was educated in England. He spends his working life in Dubai, Hong Kong & India, but calls London home. He is the Founder & Vice Chairman of Samena Capital and Chairman of the Investment Committee. Samena's investments include bloom Hotels, Virtus Medical Holding, Softlogic in Sri Lanka, Dynamatic Technologies and Tejas Network in Bangalore and Ugro Capital in Mumbai.

In 2014 Shirish led Samena’s landmark acquisition of a substantial stake in RAK Ceramics, the world's largest ceramic tile manufacturer with bases in India, Bangladesh, UAE & China and revenues in excess of $1 billion. He currently serves as Vice Chairman of the Board and Chairman of the Executive Committee.

Asian Investor listed Shirish Saraf as one of Asia’s 25 most influential people in Private Equity, in 2013 and he is a frequent speaker at conferences, including the World Economic Forum. He Co-Founded Abraaj Capital, which grew to become one of the largest private equity firms in emerging markets, managing in excess of US$6 billion. Shirish is a keen sportsman and regularly plays cricket, tennis and golf. He also has a keen interest in literature and is currently writing a novel in verse.

An active philanthropist, Shirish set up the Samena Foundation with the aim of facilitating global charitable and benevolent causes for underprivileged children. Samena is currently supporting the Phaya Taung Monastery in Myanmar which houses 1000 orphans. Shirish was a Board Director at the Little Dreams Foundation, set up by Orianne & Phil Collins and he founded the Shirish Saraf Scholarship at his alma mater, Charterhouse, offering a full scholarship for all round excellence to underprivileged children to enable them to attend the prestigious Surrey school.

Shirish Saraf’s Newsfeed

Bloom Hotels Raises Rs 100 crore in a Fresh Funding Round

Samena Capital Founder and Vice-Chairman Shirish Saraf stated, “We have decided to increase our investment commitments in Bloom within a short period of time in view of the quick brand roll out that is underway, combined with effective execution by the management team.”

Samena Capital picks up 35% stake in Bloom Hotels at Rs 330 crore valuation Read more at: //econom

Shirish Saraf, founder and vice-chairman of Samena Capital said: “We are delighted to partner with Bloom, a differentiated company that can bring transformational change to the industry. Bloom has proven its business model by achieving operational profitability across its current portfolio in a very short period of time.”

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Shirish Saraf’s Background

Founder & Vice Chairman
May 2008 - Present
London, UK
Samena Capital is an investment group focusing on the SAMENA region which comprises the Subcontinent, Asia, Middle East and North Africa. Samena currently manages total capital commitments of US$1 billion and has made in excess of 60 investments, across two primary investment strategies, private equity and credit.
Chairman Investment Committee
2017 - Present
London, UK
Launched in 2017 Samena Special Situations Fund III LP has a target fund size of US$600 million. Investments include Softlogic, in Sri Lanka, Virtus, a healthcare platform serving Hong Kong, Macau and Southern China and tourism, Bloom hotel group in India and hospitality group, SM Asset, in Myanmar.
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Other Business Interests

Board Member
Mar 2018 - Present
Hong Kong, HK
Virtus Medical Holdings, is a private medical provider built on a unique doctor partnership model. The company is the result of a merger of medical practices from 40 doctors, coupled with the financial backing of about USD 83m from Samena Capital and Cenova Capital, as well as a group of specialist doctors and management engaged in the company.
Board Member
Jan 1990 - Present
Delhi, IN
With hotels in New Delhi, Goa, Rishikesh, Gurgaon and Bangalore, bloom hotels offers affordable micro-rooms for travellers wanting good value, simple, clean and comfortable accommodation.
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Current Non-Executive Positions

Vice Chairman & Chairman, Audit Committee
Jun 2014 - Present
Ras Al-Khaimah, AE
RAK Ceramics is one of the world's largest brands of ceramics, floor tiles and sanitary ware, with bases in India, Bangladesh, UAE, China and Iran. Since Samena's landmark investment RAK has seen strong growth and Samena aims to put the company amongst the top 5 ceramics players in India by 2020.
Board Member
Jan 2018 - Present
Colombo, LK
Samena took a substantial stake in Softlogic, which is one of the largest conglomerates in Sri Lanka, with leading businesses in healthcare, consumer and retail.
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Philanthropy

Samena Foundation logo Samena Foundation logo
Samena Foundation
Founder
2016 - Present
London, UK
The Samena Foundation is an initiative set up to focus on identifying Corporate Social Responsibility initiatives which are sustainable, tenable and ecological.
Shirish Saraf Scholarship
2015 - Present
Godalming, UK
The Shirish Saraf Scholarship offers the chance for a boy or girl from India to join Charterhouse School. This includes a boarding place, supported by a means-tested bursary, of up to 100% of the school fees and extra provision to cover other expenses, including travel to and from India.
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Shirish Saraf’s Education

BSc Economics and International Trade & Development