Sanctum Wealth Management

Founder and CEO Shiv Gupta chairs a seven-member investment committee that approves all proprietary products and external fund selections. Gupta himself led RBS's Indian private bank before the 2016 buyout and remains the firm's controlling partner. The committee includes credit, real estate, and equity specialists drawn from the firm's Mumbai headquarters.

Sanctum operates under a hybrid license that permits both multi-family office advisory and in-house asset management. This lets the firm manufacture its own credit and real estate investment products while also distributing external funds—a dual role that most Indian independents cannot hold without a separate AMC registration. By charging both advisory fees and product-level carry, Sanctum captures economics that pure advisory shops leave on the table.

Yes, but indirectly. Sanctum does not run its own venture capital fund but offers feeder structures into Indian and international VC and PE vehicles for clients who meet the minimum commitment thresholds. The firm's own alternatives efforts are concentrated in performing private credit for mid-market companies and structured real estate debt, rather than equity.

Sanctum manages a dedicated real estate investment platform that focuses on structured debt for residential developers in India's top urban markets. The firm avoids equity positions in physical real estate, opting instead for senior and mezzanine debt instruments where client capital is secured against specific project cash flows. Client commitments fund every deal—Sanctum does not lend from its own balance sheet.

Sanctum's initial book of business transferred from Royal Bank of Scotland's Indian private banking unit, which Shiv Gupta led before executing the management buyout in 2016. That base included roughly ₹1,200 crore in client assets and a team of bankers across three cities. The firm has since expanded to seven Indian cities and serves over 600 UHNW families, according to its own communications.