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RAJ Capital
Raj and Marta Bhathal established RAJ Swim in 1967. Their children Alex Bhathal and Lisa Bhathal Merage formalized the family investment office as RAJ Capital...
RAJ Capital
Raj and Marta Bhathal established RAJ Swim in 1967. Their children Alex Bhathal and Lisa Bhathal Merage formalized the family investment office as RAJ Capital in 2017. The firm continues to manage wealth generated by the original apparel business while expanding into new sectors. RAJ Capital allocates across real estate, professional sports franchises, and consumer platforms. It executes direct acquisitions, joint ventures, and select fund commitments. Confirmed holdings include the Sacramento Kings NBA team, Portland Thorns FC, Golden 1 Center, Downtown Commons in Sacramento, and multiple build-to-rent residential projects in the Midwest and New Mexico. Activity centers on North America with concentration in California and adjacent states. The office lists four named leaders and maintains no disclosed headcount. It operates Revitate as an affiliated real estate platform and participates in YPO and Abundance 360 networks. Alex Bhathal serves as Chair of the YPO California Coast Chapter. No operational events from the last 24 months appear in public records. RAJ Capital integrates family governance with external operating partners such as Vivek Ranadivé on the Sacramento Kings and Aaron Rodgers through RX3 Growth Partners. This structure allows continued family control while accessing specialized expertise in sports and growth equity.
General information
Firm type
Single Family Office
Year founded
2017
Location
Region
North America
Country
United States
City
Newport Beach
Corporate office
Newport Beach, CA, United States
Principals
Alex Bhathal
Founder and Team Manager
Lisa Bhathal Merage
Co-Founder, Chief Impact Officer and Managing Partner
Jason Cahilly
Chief Impact Officer and Managing Partner
Mike Whitehead
Chief Impact Officer and Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at RAJ Capital?
Alex Bhathal and Lisa Bhathal Merage serve as the primary decision makers. Jason Cahilly and Mike Whitehead hold Chief Impact Officer and Managing Partner titles and participate in governance.
Does RAJ Capital participate in fund commitments or only direct deals?
The firm uses both direct investments and joint ventures. It also maintains limited fund partnerships while favoring control positions in real estate and sports assets.
What investment stages does RAJ Capital typically target?
The office focuses on growth capital and early-stage opportunities within its consumer and sports ecosystem mandates.
Where does the underlying wealth come from?
Wealth originates from RAJ Swim, the women's swimwear company founded by Raj and Marta Bhathal in 1967.
How is RAJ Capital related to Revitate?
Revitate functions as the family's affiliated real estate investment platform. Alex Bhathal and Lisa Bhathal Merage hold leadership roles in both entities.
Does RAJ Capital maintain philanthropic structures?
The family operates the Bhathal Family Foundation and the Revitate Foundation as separate vehicles.
What is RAJ Capital's known posture on co-investments alongside external GPs?
The firm co-invests with partners including Vivek Ranadivé on the Sacramento Kings and Aaron Rodgers through RX3 Growth Partners.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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