Ravi Hansoty, the senior vice president of Chicago-based private equity real estate firm Equity International responsible for Asia Pacific operations, has left the company.
According to a note seen by PERE, Hansoty has moved on from the Sam Zell-led firm less than a year after coming on board. The firm has not yet appointed a replacement.
Hansoty was appointed to lead Equity International’s Asia-Pacific investment strategy in late 2015. He was operating out of the firm’s Chicago office and was responsible for expanding the firm’s exposure in the region mainly via investing in operating companies.
An experienced real estate executive, Hansoty was previously based in Hong Kong where he was the managing partner of Cidar Figs Capital Partners, an Asia-focused advisory firm he set up in 2010 and which is now dissolved. He also spent several years working with Citi Property Investors in many senior positions including as the head of its Asia Pacific team.
In Asia, Equity International's investments include partial interests in the Singapore-based logistics firm Redwood Group, now knows as ESR after its merger with e-Shang, and SAMHI Hotels, a Gurgaon-headquartered Indian hospitality development and investment company. In January, SAMHI Hotels received an investment of $66 million by Goldman Sachs for an undisclosed stake.