Company Profile

Focused Disciplined Long-Term

KH Capital is a Spain-based investment fund investing in Indian public equities. As one of the few European firms with a dedicated India mandate, we provide Western investors access to an opportunity set often underrepresented in global portfolios.

We see the coming decades as Asia’s era of opportunity and seek to offer thoughtful, risk-controlled exposure to one of the world’s most dynamic emerging markets.

We employ a disciplined, structured investment process targeting asymmetric return-to-risk opportunities, underpinned by rigorous risk management and a long-term investment horizon. As deep value, contrarian investors, we seek businesses that are overlooked or undervalued by the market, particularly those at the bottom of the business cycle with substantial upside potential.

Meet the Team

Founder & Portfolio Manager

Karanveeir Handa

Karanveeir is the Founder and Portfolio Manager at KH Capital and has over 15 years of experience investing in Indian public markets across multiple sectors. Throughout his career, he has developed extensive coverage of the Indian markets, cultivating deep cross-sector expertise and navigating multiple market cycles through rigorous bottom-up research and disciplined portfolio construction. Previously, he worked at a prominent family office in the Middle East, where he helped co-manage approximately USD 270 million in assets across public markets and private equity investments.

Contrarian by nature, his approach combines deep fundamental analysis with long-term trend assessment to identify asymmetric opportunities, while maintaining a strong focus on risk management and capital preservation.

Based in Barcelona, Karan holds the CFA charter and an MBA from IESE Business School.

Investor Relations and Operations

David Marlet

David manages operations and oversees investor relations at KH Capital, bringing 15 years of client-facing experience across multiple roles.

His background combines hands-on market experience, entrepreneurial ventures, and corporate roles in sales and business development.

Based in Barcelona, David is a graduate in Business from Pompeu Fabra University (UPF) and holds the Elliott Wave certification.

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