Shiv Hiremath is the CEO of Churchgate Partners for the MENA Region. He has extensive relationships, working experience, and strong networking with local, regional and international financial institutions, banks, private equity firms, venture capitalists, equity research firms, rating agencies and brokerage firms.
Shiv Hiremath was most recently the Group CFO of the National Real Estate Company (NREC), headquartered in Kuwait and listed on the Kuwait Stock Exchange. NREC has an asset base of over $2 billion with a portfolio across Kuwait, UAE, Egypt, Libya, Jordan, Iraq, Pakistan and Lebanon.
Before joining NREC, Shiv was the CFO of Mabanee, the owner, developer, and operator of the Avenues which is the largest mall in Kuwait with over four million feet of gross leasable area. His real estate experience extends further having also been the finance leader of DAMAC, a leading real estate company based in Dubai, where he managed a multi-billion portfolio of properties.
Over the last 20 years, Shiv has led several strategic initiatives and corporate financing transactions. He has raised multi-billion dollars through debt syndication, successfully raised funds through the issuance of $210 million of bonds, innovated and successfully issued convertible exotic Sukuk instruments of $100 million, raised $225 million through private equity and also has wide experience in Equity rights issue. Shiv has been successful in restructuring corporate debt of $650 million and arranged cross-border finance. He raised project finance of $465 million for a mall development and successfully led the acquisition of a company valued at $275 million in the MENA region. He also raised a billion dollars through private equity very recently.
Shiv is a graduate in leadership and sustainability from the Harvard Business School and holds an MBA from SP Jain School of Global Management. He is a Chartered Cost and Management Accountant and an Alumni of the Indian Institute of Management, Lucknow. Shiv is also a certified professional in Real Estate Finance Development from the MIT Center for Real Estate Massachusetts.
Over the last 20 years, Shiv has led several strategic initiatives and corporate financing transactions