Tusk Investments : Overview

1 Tusk investment a an Asset Management Company backed by prominent

family office located in Kolkata, Eastern India. Detailed next

Overview Asset Class Location

§ Tusk Investments § Direct Equity • 4 A Auckland

started 7 years ago § Passive Equity(SIP) Square, Kolkata
(2012) as a Family § Structured Debt 700017, West
Investment Office § Fixed Income Bengal, India
§ It has evolved into an § Real Estate
Asset manager § Brownfield
investing for other § Greenfield
family offices & high net § Stressed
worth individuals Acquisitions

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2 Tusk Investment has made investments across various asset classes in
the past 5 years Detailed next

Asset Class Categories

EQUITY • Direct Equity (Public markets)

• LP investments into PMS / PE funds

• SIP / Mutual Funds

• Direct Growth Capital (Private investments)

DEBT • Bonds (Government)

• Structured RE Debt
• Structured LAS

REAL ESTATE • Residential developments

• Retail / Commercial acquisitions

• Warehousing / Cash & Carry
• Shopping Malls

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3 Tusk Investments is developing a REIT by focusing on acquiring & developing
commercial, retail & industrial assets Detailed next

▪ Acquire stressed asset on prime land (greenfield / brownfield) and partner with
developers / land owners to develop “Grade A” office space.
Commercial
▪ Acquire stressed operating assets (rent yielding)

▪ Acquire brownfield assets (e.g. Marathon Electric Land) and retrofit to lease out
to Grade A / Grade B tenants.
▪ Acquire land across Central / Eastern India around “Hubs“ and develop
“Industrial Parks” for Grade A tenants in FMCG , Logistics , 3P players , E-
Industrial /
commerce industry.
Warehousing
▪ Acquire greenfield land & develop built to suite warehouses towards cash &
carry / wholesale outlets for retailers.

▪ Acquire & cease “high street retail” in Tier 1,2 & 3 cities in Central & Eastern
India with a focus on banks, IOB & individual retail customers.
▪ Acquire brownfield shopping malls and retrofit / involve asset management to
Retail create high rental yielding assets.

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Tusk Investments has a highly qualified team of investment professionals
with a focus on Real Estate

Pranay Agarwal, Founding Partner and Chief Investment Officer

Pranay is a strategy and investment consultant with over 10 years of experience at McKinsey & Company. As Associate Partner at the
firm, he was recently co-leading the Private Equity & Real Estate practice in the MEO office, before moving to India. His family business
as part of the MSP Group based out of Kolkata, India is a diversified, listed conglomerate with business interests in Steel, Mining, Power
and Metals with an estimated turnover of Rs. 2,500 crores (approx $325 M). Pranay is a London Business School MBA graduate and also
holds a double degree in Material Sciences & Engineering and Political Science from Northwestern University. Pranay’s key focus areas
are finance and strategic decision-making.

Rahul Arya, Principal – Industrial & Warehousing

Rahul is an entrepreneur with over 8 years of experience in warehousing and industrial real estate. As Managing Director, he is
currently managing his family’s warehousing portfolio in the Kolkata Port region and Jaipur along with few commercial real estate
assets. Rahul is an INSEAD MBA graduate and also holds a double major in Industrial Engineering and Economics from Northwestern
University. Rahul’s key focus areas are operations management and planning.

Prateek Bansal, Principal - Commercial Real Estate

Prateek is a property consultant with over 11 years of experience in residential, commercial and industrial real estate transaction advisory.
As Director of his family’s real estate consultancy, Bansal Consultancy & Solution India (P) Ltd, he has been instrumental in pivoting his
business towards becoming one of the most reputed IPC of Kolkata by completing over 60 transactions. Prateek holds a major in
Economics from Knox College along with a Business Studies minor. Prateek’s key focus areas are transaction advisory and deal-making.

Amit Agarwal, Principal – Equities and Debt

Amit is a CA & MBA from IIM Lucknow. He is a finance professional with over 15 years of experience in equities and corporate finance.
He has vast knowledge and experience in Corporate Debt Restructuring including successful restructuring of the group companies under
the S4A scheme of the RBI & restructuring of 3 companies under the Corporate Debt Restructuring Mechanism. He has also successful
concluded part take-over of debt of one of the group companies by an ARC from a bank. He has been a part of the Research Desk of
Institutional Equities at Kotak Institutional Equities, Religare & Antique as an analyst for the Metals & Mining Sector in his previous stints.