TYKO Capital

TYKO CAPITALadmin2025-09-22T23:38:29+00:00

Commercial
real estate capital
that hits the mark.

About

TYKO Capital (“TYKO”) is a multi-billion-dollar Commercial Real Estate Private Equity and Private Credit Investment Management Platform, which is a joint venture between Adi Chugh & a Florida based hedge fund. TYKO was established in August 2023 to capitalize on the void in the CRE capital markets caused by the current macro-economic environment, focusing on institutional borrowers and institutional assets, in top tier markets. TYKO’s focus and reach in the CRE space is unique, given the firm’s proprietary deal sourcing capabilities and ability to commit large amounts of capital to institutional deals.

TYKO invests across the entire capital stack (Senior Financings, Whole Loan Financings, Junior / Mezz, Pref Equity, LP Equity, GP Equity) — and across all asset classes.

OUR UNIQUE APPROACH

Compelling Risk-Adjusted
Returns

Institutional Quality Sponsors

Experienced Operations Team

Strong Liquidity with
No Legacy Issues

Diversified Portfolio

Ability to Invest in the Entire
Capital Stack

Compelling
Risk-Adjusted
Returns

Institutional Quality Sponsors

Experienced Operations Team

Strong Liquidity with no Legacy Issues

Diversified Portfolio

Ability to Invest in the Entire Capital Stack

Team

ABOUT ADI

Adi Chugh

Founder & CEO

ABOUT JAY

Adi Chugh

Founder & CEO

Jay Vora

Chief Financial Officer
Jay@tykocapital.com

ABOUT DAVID

David Glanzman

Managing Director
David@tykocapital.com

ABOUT CHRISTIAN

David Glanzman

Managing Director
David@tykocapital.com

Christian Hung

Director
Christian@tykocapital.com

ABOUT RICHARD

Richard Levin

Director
Richard@tykocapital.com

ABOUT MADHUKAR

Richard Levin

Director
Richard@tykocapital.com

Madhukar Suri

Associate
Madhukar@tykocapital.com

Madhukar Suri

Associate
Madhukar@tykocapital.com

ABOUT SERENA

Serena Hernandez

Chief of Staff / Office Manager
Serena@tykocapital.com

Press

Press

TYKO CAPITAL
18 East 50th Street, 4th Floor, New York, New York 10022

T: 646.692.9200

SOCIAL

INFORMATION

Terms & Conditions

2025 © TYKO

Madhukar Suri

Associate

Madhukar is an Associate at TYKO Capital. He is responsible for underwriting, structuring, and executing the firm’s real estate debt and equity investments. Prior to joining TYKO, Madhukar was a Vice President at Barclays in the Real Estate Investment Banking Group in New York, where he was responsible for advising public REITs and real estate PE firms on large-scale corporate transactions, including M&A, IPOs, and capital raising.

Madhukar graduated from Georgetown University with a Bachelor of Science in Finance and Accounting.

Madhukar Suri

Associate
Madhukar@tykocapital.com

Jay Vora

Chief Financial Officer

Jay Vora is the Chief Financial Officer at TYKO Capital. He is responsible for the company’s accounting, finance, and tax functions, as well as assisting in asset management.

Before joining TYKO, Mr. Vora served as the Chief Accounting Officer at Innovo Property Group (IPG), overseeing the company’s accounting and finance operations. Prior to IPG, he was the Controller at Antheus Capital/MAC Property Management, where he managed property, fund, and corporate accounting and tax functions.

Earlier in his career, Mr. Vora held the position of Director of Finance & Accounting at Tishman Speyer Properties, overseeing the accounting and finance activities for their India and China portfolio.

Mr. Vora is a Chartered Accountant, a Certified Information Systems Auditor (CISA), and has successfully passed the Certified Public Accountant (CPA) exam.

Jay Vora
Chief Financial Officer

E-Mail: Jay@tykocapital.com

Effective as of February 28, 2024

Acceptance of Terms of Use

These Terms of Use (“Terms of Use” or “Agreement”) state the terms and conditions under which you (“you” or “your“) may use the website located at www.tykocapital.com (the “Site“) and all Content and Services (as defined below) offered through the Site. The Site is owned and operated by TYKO Capital. (“TYKO“, “we“, “our“, or “us“) Please read this Agreement carefully. This Agreement, along with the TYKO Private Policy, govern your use of the Site. If you do not agree with the terms and conditions outlined in this Agreement, you are not granted permission to access or otherwise use the Site. Any use of the Site in a manner inconsistent with these Terms of Use is deemed unauthorized access and may be subject to civil or criminal penalties. This Site contains various information in the form of data, text, graphics, logos, icons, images, sound clips, video clips, data compilations, page layout, underlying code and software, news, reports, videos and other materials relating to TYKO as well as third party content, (collectively, the “Content”). By accessing, browsing and/or using this Site and any services that may be made available through the Site (the “Services”) you acknowledge that you have read, understood and agree to be legally bound by this Agreement. We reserve the right to amend this Agreement at any time and from time to time. If you use the Site after the amended Agreement has been posted, you will be deemed to have agreed to the amended Agreement.

Limited Right to Use

TYKO grants you a limited right to use the Site. Your right to use the Site is subject to your agreement to abide by these Terms of Use in their entirety, as well as any other rules, procedures, policies, terms or conditions that govern all or any portion of the Site. At any time and for any reason TYKO may revoke your right to use all or any portion of the Site.

Use Restrictions

You are expressly prohibited from (i) using any robot, spider, intelligent agent, other automatic device, or manual process to monitor, “mine”, manipulate or copy the web pages on the Site, (ii) using any device, software or routine to interfere or attempt to interfere with the proper working or circumvent, disable or otherwise compromise any security features of the Site, (iii) knowingly or recklessly uploading or transmitting to the Site any data or material that contains viruses, spyware, worms or other malicious software code designed to adversely affect the operation of the Site or TYKO’s software, hardware or networks (iv) taking any action, including flooding, spamming, mailbombing and crashing, that imposes an unreasonable or disproportionately large load on TYKO’s infrastructure, (v) transmitting to the site or to any TYKO personnel, any profane, defamatory, libellous, threatening, obscene or unlawful material, (vi) reverse engineering, decompiling or disassembling the underlying software, (vii) removing any notices, warnings, labels, annotations or instructions from any portion of the Site or any related material, including, without limitation, any trademark, copyright, or other proprietary notices or license provisions, or (viii) otherwise invading the privacy of, obtaining the identity of, or obtaining any personal data about any user of the Site.

TYKO prohibits the use of any links to the Site from any other websites unless establishment of such a link is approved in advance by TYKO in writing. You may not frame any elements of the Site with any other website.

Any violations of system or network security, including attempts to intentionally access a computer without authorization or exceed your authorized access level, may result in civil and criminal charges. TYKO may investigate occurrences that might involve such violations and may involve, and cooperate with, law enforcement authorities in prosecuting users who are involved in such violations. We may, without prior notice or warning of any kind, restrict or terminate the access of any and all users to the Site if we reasonably conclude that such restriction or termination is necessary to prevent, or prevent the further spread, of a virus, security breach or system malfunction.

Privacy Policy

Please click here to review the TYKO Privacy Notice, which is part of this Agreement and hereby incorporated by reference, to learn about our information collection and processing practices and the measures we take to preserve the privacy and security of your information. By using the Site, you acknowledge having been informed about the collection, use, disclosure and other handling of personal data consistent with the Privacy Policy.

Cookies

We use cookies to collect certain information about your browsing session when you visit the Site. Cookies are bits of text that are stored on your device. We use cookies to ensure our Site functions properly and to improve your online experience. The “help” portion of the toolbar of most browsers will tell you how to stop accepting new Cookies, how to be notified when you receive a new cookie, and how to disable existing cookies. Disabling Cookies might mean that you cannot take advantage of some Site features.

WARNING REGARDING INTERNET PHISHING AND FRAUD

Our name, brands and reputation may be misused by imposters and frauds publishing fake web sites and engaging in “phishing” scams seeking personal or confidential information.

When communicating with TYKO through digital media, please:

Confirm you are visiting an authorized TYKO website.
Do not communicate or deal with personnel who are not affiliated with an authorized TYKO office. All authorized office locations are listed under “Contact Us”.
Do not send e-mails to anyone with an address other than authorized TYKO e-mail addresses. TYKO only uses the “@tykocapital.com” e-mail domain. TYKO does not permit our employees and authorized representatives to send or receive work related e-mails from personal accounts or any other address.

Intellectual Property Rights in the Site

You acknowledge that the Site, the domains and sub domains, and the various elements contained therein, including, but not limited to, the Content, are protected by copyrights, trademarks, trade secrets, patents, or other proprietary rights, and that these worldwide rights are valid and protected in all forms, media, and technologies existing now and hereinafter developed. You also acknowledge that the Content is and shall remain the property of TYKO or its licensors. You shall comply with all intellectual property laws and you shall not encumber any interest in, or assert any rights to, the Content. You may download or copy Content only to the extent such download is expressly permitted in writing on the Site. No right, title or interest in any downloaded Content is transferred to you as a result of any such downloading or copying. You may not reproduce (except as noted above), modify, publish, distribute, display, transmit, participate in the sale or transfer of, or create derivative works based on any Content, in whole or in part.

International Use

The Site is operated and controlled by TYKO in the United States, and the Content provided in or accessible through the Site is, unless otherwise specified, directed at residents of the United States. Despite the global nature of the Internet, TYKO makes no claims that the Content or the Site are appropriate or may be viewed or used outside the United States where access may be illegal or prohibited. TYKO makes no representations that the transactions, products or Services discussed on or accessible through the Site are available or appropriate for sale or use in all jurisdictions or by all users. Those who access the Site from outside the United States do so on their own initiative and are responsible for establishing the legality, usability and correctness of any Content and the compliance with local laws, rules and regulations. You may not use or export the Content in violation of U.S. export laws and regulations. The Content provided in or accessible through the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be illegal or which would subject TYKO and/or its affiliates to any registration or other requirement within such jurisdiction or country.

Links to Third Party Websites

The Site may periodically provide links to third-party websites. These Terms of Use govern only the Site and not any such third-party websites. TYKO’s decision to link to a third-party website is not a sponsorship, endorsement or recommendation of the third-party or the content or services in the linked third-party website. If you decide to access linked third-party websites, your access is governed by the terms of use and privacy policies of those third-party websites, and you do so at your own risk. You should direct any concerns regarding any third-party websites to the administrator of the applicable third-party website. TYKO has not reviewed all the third-party websites sites that may be linked to the Site and makes no representation or commitment and accepts no responsibility for any such third-party websites, or any transactions completed, or contracts entered into by you with any such third-party or any security threats they may cause to your system.

User Information

By submitting any unsolicited information and materials, including comments, ideas, questions, designs, and other similar communications (collectively, “User Information”) to TYKO through the Site, you agree to be bound by the terms and conditions of this Agreement. If you do not agree with these terms and conditions, you should not provide any User Information to TYKO through the Site. All User Information will be considered NON-CONFIDENTIAL and NON-PROPRIETARY. TYKO, or any of its affiliated entities, may use such User Information for any purpose whatsoever, including, but not limited to, reproduction, disclosure, transmission, publication, broadcast, and further posting. Further, TYKO and its affiliated entities are free to use any ideas, concepts, know-how, or techniques contained in any User Information you send to the Site for any purpose whatsoever, including, but not limited to, developing, manufacturing, and marketing products. By submitting any User Information to the Site, you are granting TYKO and its affiliated entities a non-exclusive, royalty-free, perpetual, irrevocable, worldwide right and license to use, reproduce, modify, adapt, publish, translate, distribute, transmit, publicly display, publicly perform, sublicense, create derivative works from, transfer and sell such User Information and to use your name and other identifying information in connection with such User Information.

Please note, notwithstanding the foregoing, you are strongly discouraged from submitting any unsolicited information to the Site or directly to TYKO or its affiliates, particularly personal information of any sort.

Further, electronic communications can be intercepted by third parties and, accordingly, transmissions to and from this Site may not be secure.

No Responsibility for Connectivity

You are responsible for the means you use to access the Site and all costs associated therewith. TYKO is not responsible for the performance of your hardware, software, the Internet, your Internet service provider and other third parties involved in connecting you to the Site.

Disclaimer of Warranty

THE SITE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. TYKO DOES NOT GUARANTEE THE ACCURACY, COMPLETENESS, TIMELINESS, RELIABILITY, SUITABILITY OR USEFULNESS OF ANY PORTION OF THE SITE. TYKO DOES NOT WARRANT THAT THE SITE WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE, ITS SERVER OR ANY FILES AVAILABLE FOR DOWNLOADING THROUGH THE SITE ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL ELEMENTS. THE ENTIRE RISK AS TO THE QUALITY AND PERFORMANCE OF THE SITE IS ASSUMED SOLELY BY YOU. TYKO DOES NOT MAKE ANY, AND HEREBY SPECIFICALLY DISCLAIMS ANY AND ALL, REPRESENTATIONS, ENDORSEMENTS, GUARANTEES, AND WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE SITE, INCLUDING WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT OF THIRD-PARTY RIGHTS TO THE FULL EXTENT PERMITTED BY LAW. YOUR SOLE REMEDY FOR DISSATISFACTION WITH THE SITE IS TO STOP USING THE SITE.

No Offers or Reliance

The Content on the Site is provided for informational purposes only. No Content available through the Site shall be used or considered as an offer to sell or a solicitation of any offer to buy the securities or Services of TYKO or any of TYKO’s affiliated entities. Offers can only be made where lawful under, and in compliance with, applicable law. TYKO is not utilizing the Site to provide investment or other advice, and no Content made available through the Site is to be relied upon for the purpose of making or communicating investment or other decisions. TYKO does not advise on the tax, accounting, regulatory or legal consequences of any investment. To the extent that past performance is available through the Site, past performance is not indicative of future results, and no representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.

The Site contains forward-looking statements, which reflect our current views with respect to, among other things, the operations and performance of our businesses. You can identify these forward-looking statements by the use of forward-looking terminology such as “may”, “will” “should”, “expect”, “anticipate”, “target”, “project”, “estimate”, “intend”, continue” or “believe” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance may differ materially from those reflected or contemplated in such forward-looking statements.

Any transactions described on the Site as having been engaged in by TYKO are included as representative transactions for illustrative purposes only and may not be representative of all transactions engaged in by TYKO.

Limitation of Liability

UNDER NO CIRCUMSTANCES WILL TYKO, OR ANY OF ITS AFFILIATED ENTITIES, SUBSIDIARIES, OR ITS OR THEIR OFFICERS, DIRECTORS, EMPLOYEES OR AGENTS (COLLECTIVELY, THE “TYKO PARTIES”), BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY YOUR ACCESS TO OR USE OF THE SITE, OR RELIANCE ON INFORMATION OBTAINED THROUGH THE SITE. IT IS YOUR RESPONSIBILITY TO EVALUATE THE ACCURACY, COMPLETENESS, OR USEFULNESS OF THE SITE AND THE INFORMATION OBTAINED THROUGH THE SITE. IN NO EVENT SHALL ANY OF THE TYKO PARTIES BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR RELATING TO THE SITE OR THESE TERMS OF USE, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY.

Indemnification

You shall indemnify and hold harmless TYKO Parties for any and all claims, losses, liabilities, and expenses (including attorneys’ fees) arising from your use of the Site, or any violation of this Terms of Use.

Termination

These Terms of Use are effective unless and until terminated by either you or TYKO. You may terminate these Terms of Use at any time, provided that you discontinue any further use of the Site. Such termination by you will not be effective if TYKO, in its sole discretion and without notice to you, determines that you failed to comply with any term or condition stated herein. TYKO reserves the right, in its sole discretion, to restrict, suspend or terminate these Terms of Use and your access to all or any part of the Site, at any time and for any reason without prior notice or liability. TYKO reserves the right to change, suspend or discontinue all or any part of the Site at any time without prior notice or liability. Upon any termination of these Terms of Use, you must destroy all Content and materials downloaded from the Site and all copies and installations thereof, whether made under these Terms of Use or otherwise.

Security of the Site

Actual or attempted unauthorized use of the Site may result in criminal and/or civil prosecution. TYKO reserves the right to view, monitor and record activity on the Site without notice or permission from you. Any information obtained by monitoring, reviewing or recording is subject to review by regulators, law enforcement or other organizations in connection with investigation or prosecution of possible illegal activity on the Site. TYKO will also comply with all court orders as well as all law enforcement and regulatory inquiries involving requests for such information.

Severability

If any section of these Terms of Use are deemed unlawful, void or for any reason unenforceable, then that section shall be deemed severable from these Terms of Use and shall not affect the validity and enforceability of any remaining sections.

Miscellaneous

The sections of these Terms of Use entitled Disclaimers and Limitation of Liability, Indemnification, Severability and Miscellaneous shall survive the termination of these Terms of Use. These Terms of Use and any dispute that may arise between you and TYKO shall be governed by and construed in accordance with the laws of the State of New York, USA, except with regard to its conflicts or choice of law rules. These Terms of Use contain the entire agreement between TYKO and you concerning the Site and supersedes all existing agreements and all other oral, written or other communication between TYKO and you concerning the Site. You shall comply with all laws, rules and regulations that are now or hereinafter promulgated by any government authority or agency that govern or apply to the operation and use of the Site. You are prohibited from any use of the Site that would constitute an illegal offense, give rise to liability or otherwise violate any applicable local, state, national or international law or regulation. All rights not expressly granted herein are reserved by TYKO.

If you believe that any Content on this Site violates yours or a third-party’s copyright, please notify TYKO’s Office of the General Counsel (contact information below) with a notice (“Notice”) including:

A description of the copyrighted work that you claim has been infringed; and
A description of where the material that you claim is infringing is located on the Site.

How to Contact TYKO

If you have any questions, comments, or concerns about this Agreement or the information practices of the Site, please contact TYKO as follows:

TYKO Capital.
18 East 50^th Street, 4^th Floor
New York, NY 10022
Visit TYKO’s Contact Us section.

Email: adi@tykocapital.com

You may also visit the Contact Us section on the Site.

Effective as of February 28, 2024

This Privacy Policy (“Privacy Policy”) is provided by TYKO Capital. and its affiliates (“TYKO”, “we”, “our”, or “us”) and sets forth our policies for the collection, use, storage, sharing, disclosure (collectively, “processing”) and protection of Personal Data, as defined herein.

This Privacy Policy applies to any individuals ( “you” or “your organization”) who directly or indirectly invests, in funds or investment vehicles managed by us, or otherwise engage or interact with us, and to individuals accessing and using the website www.tykocapital.com (the “Site”).

This Privacy Notice explains how we process your personal data and which rights you have in this respect under any applicable privacy and data security laws and regulations (“Data Protection Laws”). If we process your Personal Data under any of the following specific Data Protection Laws, please also refer to the relevant supplementary sections of this Privacy Policy below:

The EU General Data Protection Regulation (“GDPR”), the GDPR as incorporated into UK law by the Data Protection Act 2018 (“UK GDPR”) or the Cayman Island Data Protection Law, 2017 (“DPL”);
The US Gramm-Leach-Bliley Act of 1999, as amended (“GLBA”) and the California Consumer Privacy Act (“CCPA”).

Categories of Personal Data We Process

In this Privacy Policy, the term “Personal Data” generally means any information relating to an individual (also referred to as “Data Subject”) that could be used either alone or together with other information to identify that individual and that is covered by applicable Data Protection Laws.

The nature of the specific Personal Data we process will depend on our relationship with you. During our ordinary business activities, we may process various categories of Personal Data including but not limited to:

Personal information, such as name, age, date of birth, place of birth, nationality, residential address, private contact details, signature, marital status and the name of your spouse or partner, children, and dependents;
Where required or appropriate, such as in subscription documents, we may also collect further information identifying you, such as social security numbers, passport information, driver’s license or similar identification information needed for know-your-client (KYC) and anti-money laundering (AML) compliance purposes and in order to provide financial services;
Contact information, such as work address, work telephone number, work mobile phone number, work fax number and work email address; and private contact information including home address, personal email address and cell phone;
Tax status, including tax ID and tax residence;
Professional information, including position, job title, employer, and, where required or appropriate, level of education and remuneration;
Financial data, such as bank account details, credit card numbers, money transfers including communications on bank transfers, information about assets or net worth, assets, investor profile, credit history, debts and expenses, source of funds details, data in relation to income including salary, benefits and pensions; and liabilities and obligations and information needed for billing and payment processing purposes;
Marketing and communication data, such as your marketing and communication preferences, marketing communication you responded to, survey responses, any information or services requested by you and records of other communication with you;
Further business informationnecessarily processed in a business or other contractual relationship with TYKO; or provided with your consent;
Information collected from publicly available resources, such as integrity data bases and sanctions lists or by professional agencies such as credit agencies or background check agencies;
If legally required for compliance purposes: information about relevant and significant litigation or other legal proceedings against you or a third party related to you and interaction with you which may be relevant for antitrust purposes, or other legal diligence processes including reputational risk management;
Information obtained by website, newsletter or other analytics technology, in particular your activities when you use our website, view our investor information or other electronic information or use our online products and services (such as downloadable content) which may include information about which content you access at what times and how often, unique identifier and the IP address of your computer or mobile device, browser type and version and plug in types or operating system; and
Special categories of Personal Data. In certain circumstances, where required or permitted by law or where you have provided your consent, we may collect special categories of your Personal Data which are specifically protected under applicable Data Protection Laws.

How We Collect Your Data

Depending on the nature of our relationship with you, we may collect your Personal Data in various ways, including:

Directly from you or your organization g., when you or your organization provide Personal Data to us by completing subscription documents, sending us emails or other written correspondence or otherwise providing us with Personal Data in the course of our business relationship.
Indirectly from other sources g., from public records, credit reference agencies, background check agencies or from a counterparty involved in an investment or other business relationship with you.
Automatic collection tools g., Cookies, as defined in this Privacy Policy, and other analytics or tracking technology may be used to collect certain aggregate data (“Anonymized Data”) and non-Personal Data when you visit the Site or third party sites we direct you to in order to view our investor information or other electronic information about our products and services.

For which Purpose We Use Your Personal Data

Depending on the nature of our relationship with you, we may process Personal Data for the following purposes:

For Business Purposes

To accept a subscription for an investment and delivering the services or products under a contract with you or your organization;
Financial management and administration, executing transactions, managing payments, fees and charges and collecting and recovering debts owed to us;
General administration of your or your organizations’ investment or other business relationship with us, including communicating with investors, service providers and counterparties, accounting and auditing accounts, risk monitoring, keeping internal records, notifying you about changes to our terms of business or this Privacy Policy;
Engaging vendors, service providers and suppliers and performing relevant contracts;
Interacting with governmental or regulatory bodies or other competent authorities;
Conducting market research, surveys, and similar inquiries to help us understand trends, client and website visitor needs and testing and upgrading our systems and processes to improve and enhance our products, services and technologies;
Allowing you to register for our and attend our conferences and other events that we host;
Maintaining and protecting the security of our premises and facilities, IT systems, databases, websites or other digital infrastructure, including preventing and detecting security incidents, improving data security and protecting against malicious, deceptive, fraudulent or illegal activity, and prosecuting those responsible for that activity, service, testing and maintenance of our systems;
Monitoring and auditing compliance with internal policies and procedures, legal obligations and to meet requirements and orders of regulatory authorities;
Selling or buying businesses or assets;
To ensure that content from our website are presented in the most effective manner for you and your device;
Establishing, exercising and defending legal claims, investigating and resolving disputes and enforcing our website Terms of Use and other agreements;

To Comply with Legal or Regulatory Obligations

Complying with our legal or regulatory obligations, such as record keeping, disclosures to tax or other regulatory authorities, enforcing and complying with legal judgements, and including auditing relating to interactions, transactions and other compliance activities;
Preventing and detecting crime, including fraud or criminal activity and misuses of our products or services;
Performing a contract with you or your organization or to take steps before entering into a contract, including to: (i) perform KYC and AML checks, sanction and anti-terrorism screening, fraud prevention, conflict of interest checks and other due diligence checks, (ii) receive and handle complaints, requests or reports from you, (iii) evaluate whether we can offer you a TYKO product or service and under what conditions; and/or

For Marketing and Communication Purposes

We may collect and share your Personal Data with our affiliates for direct marketing purposes, such as informing you electronically or by paper about investment opportunities, offers of products and services to you by us or our affiliates, inviting you to participate in surveys and providing you with other news about TYKO (“Marketing Purposes”) unless and until you notify us that you do not wish to be contacted for Marketing Purposes. If you or your organization are a new investor, we will begin sharing your Personal Data with our affiliates for Marketing Purposes 30 days from the date of the initial investment in or commitment to a fund. When you or your organization are no longerour investor, we may continue to share your Personal Data with our affiliates for Marketing Purposes, unless you elect to unsubscribe from any such communications.

You may opt out of TYKO’s direct marketing at any time by clicking the opt-out links in any electronic marketing communication we send to you or by using the contact details in the “Contact and Complaints” section below.

Unless we inform you that the provision of your Personal Data is optional, any Personal Data we request is necessary for us to provide you or your organization with the products and services requested. If you do not provide the Personal Data requested, we may not be able to provide those products and services.

With Whom We Share Personal Data

TYKO Affiliates. With our affiliates worldwide if legally permitted and to the extent required for the purposes set out above.
Service Providers. With our service providers worldwide, e.g. legal, financial and other professional advisors, accountants, fund administrators, custodians, auditors, counterparties, marketing and communications agencies, placement agents, who will process your Personal Data on our behalf and in accordance with our instructions only.
Professional Agencies. With credit reference or background check agencies or other organizations where required by law or regulation to help us to conduct anti-money laundering and anti-terrorist financing checks and to detect fraud and other potential criminal activity.
Prospective sellers or buyers. With prospective sellers or buyers and their professional advisers in connection with the sale or acquisition of businesses or assets.
Governmental Authorities. We also disclose your Personal Data if we are required or permitted to make disclosures by applicable law (including any regulatory or enforcement body, agency, court or tax authority or their agents) or to the government or private parties in connection with a lawsuit, subpoena, investigation or similar proceeding, or as part of our legislative or regulatory reporting requirements.
As required by Law. To any other person or organization where that is required under applicable law or regulation and permitted under applicable Data Protection Laws.

International Transfers

Because of the international nature of a fund management business, Personal Data may be transferred to countries outside of the country where you reside or where we provide services to you or your organization. As such other countries may not have the same level of data protection, we will comply with any applicable requirements under the Data Protection Laws and apply appropriate safeguards to ensure the security and integrity of your Personal Data, regardless of where it is processed. Where required we will enter into data transfer agreements in accordance with applicable Data Protection Laws, including as specifically set out below for the GDPR, UK GDPR and DPL.

How We Protect Your Personal Data

Personal Data held by us will be kept confidential and protected in accordance with Data Protection Laws and applicable TYKO policies and procedures. We will use commercially reasonable efforts to ensure that Personal Data is kept secure and safe from any loss or unauthorized disclosure or use.

Use of Cookies

Our Site uses cookies, which are small text files downloaded onto your device. We use the following types of cookies:

Strictly necessary cookies: These are cookies that are required for the operation of our website. Without these cookies, our website will not work properly. Accordingly, we are not asking you for your consent for these cookies.
Analytics cookies: These are cookies that help us to improve the Site by collecting and reporting information on how you use it. We will only use these cookies if you provide us with your consent.

You can find more information about the individual cookies we use in the table below:

Provider	Cookie Name	Cookie Type	Purpose	Further information
Microsoft Corporation	ARRAffinity	Strictly necessary cookie	This cookie is set by websites run on the Windows Azure cloud platform. It is used for load balancing to make sure the visitor page requests are routed to the same server in any browsing session to optimise response times.	Expiry: End of browsing session Microsoft Privacy Statement
Microsoft Corporation	ASLBSA	Strictly necessary cookie	This cookie is used in context with load balancing by distributing the traffic load on multiple network links or servers to optimize the response rate between the visitor and the site.	Expiry: End of browsing session Microsoft Privacy Statement
Microsoft Corporation	ARRAffinitySameSite	Strictly necessary cookie	This cookie is set by websites run on the Windows Azure cloud platform. It is used for load balancing to make sure the visitor page requests are routed to the same server in any browsing session to optimise response times.	Expiry: End of browsing session Microsoft Privacy Statement
Microsoft Corporation	ASLBSACORS	Strictly necessary cookie	This cookie preserves users states across page requests.	Expiry: End of browsing session Microsoft Privacy Statement
Cloudflare, Inc	__cf_bm	Strictly necessary cookie	This cookie is used to distinguish between humans and bots.	Expiry: 30 minutes after continuous inactivity Cloudfare Privacy Poilcy
Google LLC	_ga	Analytics cookie	This cookie is used to calculate visitor, session and campaign data for the site’s analytics reports. The cookie stores information anonymously and assigns a randomly generated number to identify unique visitors.	Expiry: 2 years Google Analytics Cookies Google Privacy Policy Google Analytics Opt-Out Add on
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Our Site uses Google Analytics to collect information regarding visitor behavior and visitor demographics on our website. Google Analytics uses cookies, to help our website analyze how users use the Site. The information generated by the cookie about your use (including your shortened IP address) will be transmitted to and stored by Google on a server which will regularly be located in the United States. On our behalf, Google will use this information for the purpose of evaluating your use of the Site, compiling reports on website activity and providing us with other services relating to website activity and internet usage. The IP address transmitted from your browser as part of Google Analytics will not be put together with other Google data. For more information about Google Analytics, please visit www.google.com/policies/privacy/partners/. You can opt out of Google’s collection and processing of data generated by your use of the Site by going to http://tools.google.com/dlpage/gaoptout.

You may set or change your Cookie Preferences at any time by clicking here. Strictly necessary cookies cannot be opted out as they are required to operate and protect the integrity and security of the Site.

You can also set or amend your web browser controls to reject or block cookies, though your access to some functionality and areas of the Site may be restricted. You should visit your browser’s help menu for more information on how to reject or block cookies.

Retention of Personal Data

For how long we retain your Personal Data will depend on the nature of our relationship with you. We will generally retain your Personal for as long as required for the purposes for which we are processing your Personal Data (as set out above) and for any retention period required to comply with our legal obligations.

The criteria we apply to determine the appropriate retention period include, but are not limited to the following:

The duration of our business relationship with you or your organization and the purposes for which we process your personal data;
Any relevant legal obligations requiring us to retain data (for example, we may be required to keep records of certain transactions for a certain period of time) and
Whether retention is appropriate in consideration of our legal position (such as applicable statutes of limitations, pending or threatened litigation or regulatory investigations).

Additional Information in Relation to Data Processing Under the CCPA

The below additional information applies only to Data Subjects who are residents of the state California in the United States where we process Personal Data under the California Consumer Privacy Act.

Data Subject Rights (CCPA)

In accordance with the CCPA you may have the right to:

Access/port Personal Data about you consistent with legal requirements. In addition, you may have the right in some cases to receive or have your electronic Personal Data transferred to another party.
Request correction of your Personal Data where it is inaccurate or incomplete. In some cases, we may provide self-service tools that enable you to update your Personal Data or we may refer you to the controller of your Personal Data who is able to make the correction.
Request deletion of your Personal Data, subject to certain exceptions prescribed by law.
Request restriction of or object to processing of your Personal Data, including the right to opt in or opt out of the sale of your Personal Data to third parties, if applicable, where such requests are permitted by law.

If you would like to exercise any of these rights, please contact us via email at: adi@tykopcapital.com. We will process such requests in accordance with Data Protection Laws. To protect your privacy, we will take steps to verify your identity before fulfilling your request.

Additional Information in Relation to Data Processing Under the GDPR, UK GDPR and DPL

The below information applies only to Data Subjects who are located in the European Economic Area (“EEA”) or the United Kingdom (“UK”) or the Cayman Islands and whose Personal Data we process under the GDPR, the UK GDPR or the DPL.

a) Responsible Controller

The responsible controller for any Personal Data processed by us for the above purposes will be

TYKO Capital (18 East 50^th Street, 4^th Floor, New York, NY 10022, United States of America),
and/or any of our affiliateswhich is in business contact with you or identified in our communications with you,
and/or, if you or your organization has invested in funds or investment vehicles managed by us, the entities specified in the respective Client Privacy Notices or fund offering documents provided to you.

b) Legal Basis

We process your personal data for the purposes set out above (see “For which Purpose We Use Your Personal Data”) on the following legal bases:

Purpose	Legal Basis
Business Purposes
Accepting investment subscription and performing contract with you or your organisation	Performance of a contract
Financial management and administration, transactions execution, payment and fees management, and debt management	Performance of a contract Legitimate Interest: to perform our contract with your organisation, manage payments and recover debt owed to us
General administration of your or your organizations’ investment or other business relationship with us	Performance of a contract
Engaging vendors and performing vendor contracts	Performance of a contract Legitimate interest: to ensure reliability and suitability of our vendors
Interacting with regulatory authorities	Legal or regulatory obligation
Market research, surveys and technological development	Legitimate Interest: to improve our products, services and technologies
Event registration and management	Legitimate Interest: event management and administration.
Identifying and preventing security threats to facilities, premises and systems	Legitimate Interest: office and facilities security and administration, maintain our IT systems, network and data security
Internal audits and complying with regulatory orders	Legal or regulatory obligation
Selling or buying businesses or assets	Performance of a contract
Website presentation	Legitimate Interest: ensure website content is effectively presented
Establishing, exercising and defending legal claims	Legal claim
Legal or Regulatory Purposes
Compliance activities	Legal or regulatory obligation Legitimate Interest: to comply with our legal obligations
Crime detection and prevention	Legal or regulatory obligation Legitimate Interest: to comply with our legal obligations
Due diligence checks	Legal or regulatory obligation Legitimate Interest: to comply with our legal obligations
Marketing and Communication Purposes
Direct Marketing	Consent (where required) Legitimate Interest: to promote our products and services

c) Data Protection Principles

In respect of the collection, holding, storage, use, and processing of your Personal Data:

We will process your Personal Data lawfully, fairly and in a transparent way.
We will obtain your Personal Data only for valid purposes that we have clearly explained to you and not used in any way that is incompatible with those purposes.
The Personal Data we collect will be relevant to the purposes we have told you about and limited only to those purposes.
We will take reasonable steps to ensure that your Personal Data is accurate and kept up to date.
Subject to applicable legal or other requirements, we will keep your Personal Data only as long as necessary.
We will use appropriate technical and/or organizational measures to ensure appropriate security of your Personal Data.

d) International Transfers

Where we transfer your Personal Data to countries that do not have the same level of data protection as that afforded by Data Protection Laws in the EEA, the UK or the Cayman Islands, we will comply with the applicable requirements under GDPR, UK GDPR and/or DPL and apply appropriate safeguards to ensure the security and integrity of your Personal Data, in particular by entering into data transfer agreements with the data recipients as required under GDPR which are in the form of EU Standard Contractual Clauses and/or equivalent data transfer agreements under the UK GDPR and DPL. Please contact us using the contact details below if you would like to learn more about the specific transfer safeguards applied.

Where required in consideration of the Data Protection Laws and other laws of the recipient country, we will apply appropriate supplementary safeguards to ensure that the recipients can comply with their obligations under the relevant data transfer agreements and that an adequate level of data protection is ensured.

e) Your Data Subject Rights

Under the GDPR, UK GDPR and DPL you may, subject to certain legal conditions, request access to, rectification, erasure or restriction of processing of your Personal Data. You may also object to processing or, under the GDPR or UK GDPR, request data portability. Additionally, you may have the right to request a copy of the Personal Data that we hold about you. If your request is unfounded or excessive, we reserve the right to charge an administrative fee.

For any of the above requests, we may require additional proof of identity to verify your identity and to protect your Personal Data against unauthorized access. We will carefully consider your request and may discuss with you how it can best be fulfilled.

PLEASE NOTE THAT IN ACCORDANCE WITH ARTICLE 21 (2) OF THE GDPR YOU MAY HAVE THE RIGHT TO OBJECT TO THE USE OF YOUR PERSONAL DATA FOR DIRECT MARKETING PURPOSES.

If you have given us your consent for the processing of your Personal Data, you can withdraw the consent at any time with future effect, i.e., the withdrawal of the consent does not affect the lawfulness of processing based on the consent before its withdrawal. If consent is withdrawn, we may only further process your Personal Data where there is another legal basis for such processing.

If you have any concerns about how your Personal Data is handled by us or wish to raise a complaint on how we have handled your Personal Data, you may contact us to have the matter investigated. You may also submit a complaint to the competent data protection supervisory authority in your country. For example, if you are from the UK, you may contact the Information Commissioners Office via their website (www.ico.gov.uk).

Changes to This Privacy Policy

From time to time, we may make changes or amend this Privacy Policy as required to reflect any changes to the way in which we use Personal Data or as a result of changes to Data Protection Laws. Any amended information will apply from the date it is posted on the Site. You are advised to visit the Site regularly to check for any amendments. In addition, we may communicate material changes to you through the appropriate channel we normally use to communicate with you.

Contact and Complaints

TYKO takes any complaints we receive about our use of Personal Data seriously. Questions, comments, requests or complaints regarding the Site, this Privacy Policy, or our use of Personal Data should be addressed to: adi@tykocapital.com. Any Personal Data we receive when a complaint is made will be treated in accordance with this Privacy Policy and utilized only to process the complaint and check on the level of service we provide. Similarly, where inquiries are submitted to us, we will only use the Personal Data supplied to us to manage and address the inquiry and any subsequent issues and to check on the level of service we provide. To protect your privacy, we will take steps to verify your identity before fulfilling your request.

Complaints may be directed to:

TYKO Capital
18 East 50^th Street, 4^th Floor
New York, NY 10022
adi@tykocapital.com

Benjamin Schloss

Analyst

Benjamin Schloss is an Analyst at TYKO Capital. He is responsible for analyzing and assisting in potential investments.

Prior to joining TYKO, Benjamin worked as a summer analyst at a development and investment firm based out of Brooklyn, NY.

Benjamin graduated from The University of Southern California, with a Bachelor of Science in Real Estate Development.

Benjamin Schloss
Analyst

E-Mail: Benjamin@tykocapital.com

Serena Hernandez

Chief of Staff / Office Manager

Serena Hernandez is the Chief of Staff and Office Manager of TYKO Capital. She is responsible for working closely with the CEO regarding business development and strategic planning. She leads special projects and initiatives for the team and aims to deliver a high client experience. Serena also manages all office administration and arrangements for the company.

Prior to joining TYKO, Serena was part of a wealth management team at Morgan Stanley Global Headquarters for over four years. While serving as a Client Service Associate, her focuses were on philanthropy, sports and entertainment, and ultra-high net worth individuals. She collaborated closely with the advisors in strategic planning, supporting the management of the business opportunities, and worked to implement strategies and best practices.

Serena graduated from Cornell University, with a Bachelor of Science in Human Development and a minor in Education. She received a Certificate of Business of Entertainment from Columbia Business School and Certificate in Diversity and Inclusion from Cornell University.

Serena Hernandez
Chief of Staff/Office Manager

E-Mail: Serena@tykocapital.com

Richard Levin

Director

Richard Levin is a Director at TYKO Capital. He is responsible for underwriting, structuring, and executing the firm’s debt and equity investments. He has directly participated in the execution of over $10.0 Billion in debt and equity financing.

Prior to joining TYKO, Richard began his career at Surya Capital Partners as an Analyst. He has grown to a Director role and worked with the company since 2019.

Richard graduated from Miami University, with a Bachelor of Arts in Economics and Business Analytics.

Richard Levin
Director

Email: Richard@tykocapital.com

Christian Hung

Director

Christian Hung is a Director at TYKO Capital. He is responsible for underwriting, structuring, and executing the firm’s real estate financing transactions.

Prior to joining TYKO, Christian was a Vice President in Deutsche Bank’s Real Estate Special Situations Group, a principal debt investment group focused on investing the bank’s balance sheet capital in the real estate credit sector. From 2013 to 2020, Christian was responsible for sourcing, structuring, and executing high-yield real estate loans.

Christian began his career as an investment banking analyst at Houlihan Lokey and as a financial analyst at Magnus Capital Partners, a U.S. based private real estate investment firm that focuses on value-add strategies.

Christian graduated from The Wharton School at the University of Pennsylvania with a Bachelor of Science in Economics, with concentrations in finance and real estate.

Christian Hung
Director

E-Mail: Christian@tykocapital.com

David Glanzman

Managing Director

David Glanzman is a Managing Director at TYKO Capital. He is responsible for evaluating, structuring, executing and asset managing the firm’s commercial real estate investments.

Prior to joining TYKO, David spent eight years as a Director at Deutsche Bank in the Commercial Real Estate, Special Situations Group, and was an associate in the real estate department of an international law firm.

David graduated from Binghamton University with a Bachelor of Arts and obtained a JD from Brooklyn Law School, where he was a Carswell Merit Scholar.

David Glanzman
Managing Director

E-Mail: David@tykocapital.com

Adi Chugh

Founder & CEO

Adi Chugh is the Founder & CEO of TYKO Capital, which is a Commercial Real Estate Investment Management Platform headquartered in New York and is a Joint Venture between Adi Chugh and Elliott Investment Management.

Adi was previously the Founder and CEO of Surya Capital Partners, a nationwide CRE private equity and debt advisory firm. He brings extensive experience from working on Wall Street across various sectors and across the balance sheet. He founded Surya Capital Partners at the end of 2010 as he identified an opportunity in the distressed real estate space. Since then, he has built a network that includes relationships across the lending and equity world – including top private equity firms, large institutional investors, and real estate sponsors. He has arranged over $40+ billion dollars in transactions since inception, including traditional debt products, joint ventures, Co-GP investments and other capital stack arrangements.

Adi began his career as an Investment Banker with Wachovia Securities in their Leverage Finance Group in March 2004. He then moved onto the Equity Capital Markets Group in New York, and he placed approximately $16 billion of financings in his time at Wachovia. From there, Adi moved onto becoming Vice President for Kotak Mahindra; one of the largest Indian investment banks. He also worked for Merrill Lynch in New York.

Adi grew up in New Delhi, India and moved to the states to attend college. Adi then attended Dickinson College in Carlisle, PA and graduated with a degree in Economics and International Business & Management. He has been an avid public speaker and debater, speaking at events globally. He is also a die-hard fan of the Indian Cricket team. Adi is involved with major charities focusing on underprivileged children and providing needs to the community – namely Children’s Hope India and the Met Council amongst others.

Adi Chugh
Founder & CEO