Our team members are
based in Singapore, New York
and Oman. 

Sanjay Motwani, President and Portfolio Manager

Sanjay serves as the President and Portfolio Manager for Sansar Capital and its funds investing in Asia and the Middle East. Prior to the Sansar Capital launch in June 2005, Sanjay was with Kingdon Capital Management, LLC from 1997 to 2005, he served in various portfolio management roles including the sole Portfolio Manager for Kingdon Capital Management, LLC's pan-Asia (excluding Japan) portfolio from 2002 to 2005 and its Co-Portfolio Manager from 1999 to 2002. Before entering the hedge fund industry, Mr. Motwani served as a Research Analyst for Fidelity Investments in Hong Kong and London and an Investment Banking Analyst with Lehman Brothers in New York. Sanjay holds an MBA with Distinction from INSEAD, Paris, which he earned after graduating from the University of Pennsylvania, magna cum laude, with dual undergraduate degrees in Finance and Oriental Studies/Japanese.

Team Bios

+ Richard B. Astorga, Chief Operating Officer/CFO/CCO

Prior to joining Sansar in April 2010, Richard was the Chief Financial Officer of Principled Capital Management, LLC and Principled Asset Administration, LLC, a SEC registered hedge fund investment advisor, that, at its peak, managed and advised $2 billion in assets. Prior to that role, Richard was with PepsiCo, Inc. where he directly managed its global cash investments and debt portfolio, approximating $3 billion each, and where he was responsible for forecasting PepsiCo’s worldwide cash flows. Previously, he was the Chief Financial Officer of Gilat Satellite Networks - Brazil and, prior to that position, was with Phelps Dodge Corporation, where he held merger and acquisition, financial planning and analysis, and internal audit roles in Asia and the U.S. Early in his career, he gained tax and audit experience at the accounting firm, Eide Helmeke & Co. (now known as Eide Bailly, LLP). Richard received his MBA from Columbia Business School and earned his B.S. in Finance from Arizona State University. He is a Certified Internal Auditor (with honorable mention), Certified Management Accountant, and Certified Public Accountant.

+ Hassan Jaffar, Principal Analyst

Prior to joining Sansar in November 2011, Hassan, the Principal Analyst focused on our Iraq investments, worked as an Equity Portfolio Manager at Yaqeen Capital. Prior to that, Hassan served as an Analyst at Seneca Capital Advisors, an SEC registered hedge fund which had peak assets of $4 billion, where he covered a wide array of sectors. Prior to his tenure at Seneca, Hassan served as a Corporate Finance and Strategy Analyst at McKinsey and Company, where he helped clients choose shareholder value-maximizing strategies for their businesses. Hassan holds an MS in Finance and a BS in Accounting from Texas A&M University. He is fluent in Arabic, English and Urdu and is based in Oman.

+ Chang-ha Qiu, Principal Analyst

Prior to joining Sansar in April 2007, Chang served as a research analyst at FORUN Technologies, Inc., a boutique research and consulting firm that he founded in 2001. At FORUN, Chang established a multi-year track record in selecting winning Chinese special situation investment opportunities. Prior to entering the Wall Street realm, Chang worked as a Business Intelligence Specialist and Market Strategy Analyst at IBM, and as a Principal Investigator at Astralux, a Colorado-based intellectual property firm. Chang received an MBA from Columbia Business School, a Ph.D. in Engineering Physics from Colorado School of Mines, and a B. S. in Semiconductor Physics and Devices from Wuhan University in China.