Asymmetre
Asymmetre
We are a real estate investment company that merges timeless investing principles, modern data and technology, and continuously refined processes to generate attractive absolute, relative, and risk-adjusted returns. Our investors are individuals, families, and institutions who share our principles on investing and partnership.
Our Approach
Quality Assets
Strong physical condition, functional utility, and building specifications that support occupancy, rate, and long-term value by minimizing obsolescence risk.
Quality Locations
High-barrier, supply-constrained submarkets proximate to irreplaceable demand drivers.
Solid Basis
Prioritize direct / non-marketed sourcing. Acquisitions below replacement cost embed a margin of safety. Require an untrended return on cost premium to prevailing and historical transaction cap rates.
Risk : Return Asymmetry
Stabilized yield and the ability to grow yield is the ultimate determinant of value and profit. The cost and path to stabilization is the risk. We expect to be overcompensated for the underwritten risk.
Our Objectives
Return Profile I
Levered Inflation-Linked Bonds
Investments with strong long-term demand fundamentals acquired with positive leverage, producing attractive absolute and relative yield with total returns in excess of public equity markets.
Return Profile II
Opportunistic
Investments offering exceptional total returns and scenario-based risk/reward asymmetry, requiring significant capital investment, business plan execution, and a heavier reliance on appreciation over income.
Team
Alex has two decades of investment experience spanning real estate assets, investment banking, and public equity markets. He has served in roles at Gramercy Property Trust / SL Green originating and underwriting CMBS and CDOs. Following Gramercy, he was an investment banking associate at Nomura both in London and New York. He split his time in the Real Estate, Gaming, and Lodging group and the public equities proprietary trading desk. While at Nomura, Alex was also a co-developer and CFO of the Bowery House, a boutique hotel development located in New York’s SoHo neighborhood. Prior to Asymmetre he founded Savile Row Capital (“SRC”) with initial backing from two family offices. SRC is an investment firm focused primarily on the acquisition and management of multifamily assets. SRC has also acquired senior housing, industrial, mixed use, and office assets.
Sanjay has more than two decades of experience spanning real assets, hedge funds, and multi-asset portfolio construction. He has served in senior investment roles at Purdue University’s $5 billion endowment and the $50 billion Indiana Public Retirement System, where he directed portfolios across real estate, commodities, and hedge funds. At INPRS, he led both the Real Assets and Multi-Asset Strategies divisions, exceeding total return objectives while delivering exceptional risk-adjusted returns, earning him recognition as one of Institutional Investor’s Hedge Fund Rising Stars. His expertise includes portfolio strategy and construction, manager selection, and risk management across complex investment strategies. Prior to his career as an institutional allocator, Sanjay worked in real estate private equity acquisitions, where he executed a range of opportunistic equity and subordinated debt investments across the U.S. Sanjay worked at firms in Chicago and New York, and started his career within the real estate private equity group of Lehman Brothers. Sanjay holds a Bachelor of Science in Business with Distinction from Indiana University, where he majored in Finance and International Studies. He is also a Chartered Alternative Investment Analyst (CAIA) charterholder.