Shah Capital Partners (SCP) is a globally focused family investment office that has a strong track record in direct investing in early stage growth companies, venture and private equity funds, debt instruments and funds, real estate and real estate funds, as well as energy and renewables and other alternative investments. The fund is similarly engaged with a number of new investment opportunities across entertainment and professional sports. The family office also manages funds for the Krishnan-Shah Foundation (KSF). SCP has AUM of about $1 Billion.
SCP’s founding partners, Ajay Shah and Lata Krishnan, began their careers as entrepreneurs and operators: in 1989 they co-founded what is now Smart Global Holdings which quickly grew to over a $1 billion in revenue and established them as preeminent entrepreneurs in Silicon Valley. They then founded a private equity firm which merged with Silver Lake in 2006 and grew into a mid-market technology private equity fund called Silver Lake Sumeru, with over $1 Billion in commitments. Ajay continued to be the Managing Partner for this fund up until 2021. The funds have gone on to be the largest investor in over 30 companies including Talend, Blackline, Magellan Navigation, Power-One, Primesense, and many other successful companies.
The family’s next generation, Kavita and Rohan Shah as well as Erik Kuld, are also serial entrepreneurs. Rohan most recently co-founded Extend. Extend is a fast growth fintech startup that has raised over $300 Million in venture capital and is currently valued at $1.6 Billion. Erik and Kavita also recently co-founded Inventive, an early stage Enterprise software company that recently raised a $5M seed round.
SCP has a strong record with early stage minority investments across a wide variety of industries including enterprise software, semiconductor and electronics, consumer, health/ life sciences, fintech, and more. Some notable examples of companies SCP invested at the private stage include Weave, Payclip, Penumbra, Top Golf, Truvian, Epic Sciences, Netspeed, Vast Data, Extend, Gupshup, Cyteir Therapeutics, SpaceX and over 100 other young companies.
SCP has also been a significant investor in over 50 top-tier institutional funds including those from Silverlake, Francisco Partners, Iconiq, Crosslink and others. SCP continues to look to deploy meaningful capital in strong fund managers who bring specific operating and investing experience to their domains, and partners closely with their fund managers to become another sourcing channel for new and innovative companies that are coming to market, as well as an active co-investor with these GP’s.
Krishnan Shah Family Foundation
The family foundation (KSF) is an active philanthropic supporter of local, national and international development organizations. Lata is the co-founder and Chairperson of the American India Foundation (AIF) and is also on the board of Stanford Hospital and a few other community organizations such as the Commonwealth Club and the Opportunity Fund.e supporter of both US and International development organizations in education, healthcare, livelihoods, climate and conservation, public broadcasting and media, and in supporting advanced research organizations.