We Are...

An investment partnership with a long-term focus investing in Asia’s fastest growing capital markets. We manage a concentrated fundamental equity portfolio, with limited capacity, combining value and growth in pursuit of compounded absolute returns. We conduct deep research to invest only with excellent management teams with a track record of strong capital allocation and corporate governance. Our partners are primarily endowments and family offices with long-term commitments to the stability and growth of the fund. Sixteenth Street Capital was founded by Rashmi Kwatra in 2017.

Investing In Exceptional Companies

At Sixteenth Street, we look for businesses with strong cash flows, excellent management teams and compelling long term prospects. These combine to deliver significant compounding potential for our investee company’s earnings or profitability. We are often looking for companies with outstanding potential in areas which the traditional financial markets have yet to recognize or appreciate. When investing, we apply the diligence and mental framework used in private equity, and the knowledge of a successful business operations team, curating fundamental value in pursuit of asymmetric returns.

In Asia’s Fastest Growing Markets

Our investments are focused on South and Southeast Asia – the region home to what we believe are the ‘Growth Emerging Markets’ or ‘GEMs’ of Asia. These are markets we have grown up in, focused on throughout our investment career, and created formidable relationships in. They also happen to be some of the fastest growing countries in the world. They are at an earlier stage of development, with younger demographics propelling the workforce and economic growth. This long runway for growth provide strong tailwinds for quality companies which are established in these markets to compound capital for many years to come. Ultimately, we strongly believe people in Asia will eventually all have bank accounts. They will borrow more and spend it on their homes, which will remain the largest purchase one makes in their lifetime. These transactions will increasingly take place through digital platforms. Our investments are focused on these themes.

Powered By People And Partnerships

We embrace a long term partnership mentality with all of our stakeholders, as we believe this commitment and stability of capital is the foundation for lasting success for all. We have the majority of our wealth co-invested in the fund, and our fund is structured to ensure complete alignment with similarly long-term minded investors. We view our clients as long term partners, and build relationships based on transparency, fairness, and mutual respect . For our investee companies, we support them through advice and introductions to be as, and only as, helpful as they need. Within our organization, we have cultivated an ownership mindset across our team and are building a culture which is focused on excellence.

About Rashmi Kwatra

Rashmi is the founder and CIO of Sixteenth Street Capital. While focused on public markets, Rashmi values investment opportunities as would a long-term private buyer. Prior to starting her own fund, she was the youngest Partner at Prince Street Capital Management, a long-standing Emerging and Frontier market fund. Rashmi was responsible for their investments in South and Southeast Asia. Rashmi holds a dual concentration in Finance and Management from the Wharton School of the University of Pennsylvania, where she graduated magna cum laude. She is a Thai National, is now a Singapore Permanent Resident, and is of South Asian descent. Rashmi is fluent in English, Thai, Hindi, and Punjabi.