History
In 2020, Prima was founded with the goal of providing world-class asset management services for Baksh Capital's global real estate assets and private investments. However, as the company has evolved, it has become much more than that. Today, Prima serves as a platform for Baksh Capital to connect and collaborate with like-minded investors from around the world.
One of the key achievements of Prima was the acquisition of a boutique hotel in East Melbourne, Australia in partnership with Primeland Developments in 2020. This acquisition was a major step forward for the company and solidified its position in the global real estate market.
But Prima's success doesn't stop there. In 2021, the company closed a first advisory deal, helping Tesla Motors establish its South East Asian headquarters in Singapore. This was a major accomplishment for the company, as Tesla had not previously operated in Singapore, and the project was completed during the depths of the Covid-19 lockdowns. The Prima team is extremely proud of this achievement, as it was finished on time and on budget, allowing Tesla to meet its sales targets.
Thanks to this successful deal, Tesla Motors is now a key relationship for Prima, and the team is actively working with them in multiple jurisdictions.
In 2022, Prima expanded its business even further by establishing a Singapore VCC Fund, in partnership with First Degree Global Asset Management. This partnership enables Prima to work with investors within a regulated and institutional investment structure, which will enable the company to continue to grow and achieve even greater success in the future.