# RAJ Capital

RAJ Capital is a Single Family Office based in Newport Beach, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Newport Beach, United States
- **Region:** North America
- **Address:** Newport Beach, CA, United States
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** rajcapital.co
- **LinkedIn:** https://www.linkedin.com/company/raj-capital

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Real Estate
- Sports

## People

- 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

## 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.

### 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.

## Related profiles

- [Raintree Family Office](https://altss.com/profile/raintree-family-office-dandekar-family-office)
- [Ramella Family Office](https://altss.com/profile/ramella-family-office)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/raj-capital-bhathal-family-office

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