Nimes Capital

Nimes Capital is the private investment arm of Nazarian Enterprises. Nazarian Enterprises has a well-established track record, including its role as a lead early-stage investor in Qualcomm, Inc. Led by David Nazarian, the Nimes Capital team has invested in, operated and overseen numerous investments across a broad spectrum of industries.

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Founder

David Nazarian

Over his 30-year career, David Nazarian has established a consistent track record of identifying opportunities ahead of the pack, actively managing those investments and executing effective monetization strategies across a diverse range of investment classes and underlying industries. Mr. Nazarian's history as a visionary investor and business builder began with his active involvement in his family's early identification of the potential for wireless communications technology that ultimately became part of Qualcomm, Inc., one of the most successful corporations in the history of the telecommunications industry. Capitalizing on the success of Qualcomm, Mr. Nazarian focused on investment opportunities that could be utilized to diversify his family's holdings. Mr. Nazarian displayed his acumen and investment vision by orchestrating the roll up of aerospace equipment manufacturers during a trough period in a highly cyclical industry; acquiring vast holdings of real estate from the Resolution Trust Corporation in the early 1990s; and strategically investing in the hotel industry following the economic downturn in the early 2000s. Mr. Nazarian started three early-stage venture funds concentrated on wireless communication and broadband infrastructure businesses and backed highly-innovative clean technology companies. Most recently, Mr. Nazarian has acquired a portfolio of mid-sized operating companies and vast real estate holdings focused on multi-family and student housing assets. These efforts have resulted in Mr. Nazarian controlling an asset base of operating businesses and real estate that stretch across the Southern and Western United States. In addition to his business activities, Mr. Nazarian is extremely active in the greater Los Angeles community through a variety of civic and charitable activities. Mr. Nazarian is most proud of being honored by California State University, Northridge in 2014 with the renaming of its business school as the David Nazarian College of Business and Economics. Additionally, Mr. Nazarian has served as Chair of the Investment Committee and a member of the Board of Directors of the UCLA Foundation; is actively involved with the Board of Governors and Investment Committee for the Cedars-Sinai Medical Center; and is a member of the USC Marshall School of Business Board of Leaders. Mr. Nazarian received his BS from CSUN and his MBA from the University of Southern California.

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Executive Officer

Andrew Winograd

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Executives

Nitin Chexal

Nitin Chexal is charged with utilizing his real estate investment and operations experience to build and oversee a growing and diverse portfolio of real estate assets. During his career, he has been involved in the acquisition, development, and asset management of over $1.5 billion of global real estate. Prior to joining Nimes Capital, Mr. Chexal was the VP of Corporate & Business Development at Counsyl, a successful and profitable Silicon Valley start-up. Before that, he worked at Marathon Asset Management as part of the firm's private equity real estate team. During his time at Marathon, Mr. Chexal acquired, developed, and asset-managed multifamily, hospitality, office, retail, and for-sale residential investments in the U.S., India, Brazil, and Mexico. Mr. Chexal began his career at JP Morgan, in the firm's real estate investment banking group. While at JP Morgan, he worked on over $2 billion of capital markets and M&A transactions.

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CFO

Afshin Kateb

Afshin Kateb manages Nimes’ finance department, including: accounting; tax; internal and external reporting; treasury/cash management; risk management; asset management; and financial planning and analysis. Mr. Kateb joined Nimes from sbe where he was the CFO for nearly seven years overseeing the company’s growth, reporting standardization, financial affairs and institutionalization of lender and investor relations. Prior to sbe, Mr. Kateb was Senior Vice President of Lowe Enterprises Investors serving as portfolio manager responsible for asset management, portfolio management and structured finance of investments of a $1 billion portfolio. Prior to Lowe, Mr. Kateb served as founding CFO of KOR Group (Viceroy Hotel Group) and oversaw the company’s development of a portfolio of assets that included 3,200 multi-family units, various domestic and international real estate development projects and approximately 2,000 hotel rooms under management. Mr. Kateb’s prior experience includes positions with Destination Hotel and Resorts, Ernst & Young, and ITT Sheraton Corporation. Mr. Kateb holds an M.B.A. from Pepperdine University and a B.S. in Accounting from Woodbury University. In addition to his business activities, Mr. Kateb is active in the greater Los Angeles community through his involvement with the Farhang Foundation, Cal Poly Pomona Collins School of Hospitality, Woodbury University and Pepperdine University.

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