Revitate is the investment platform co-founded by siblings Alex Bhathal and Lisa Bhathal Merage, building on the multigenerational legacy of their family investment office, RAJ Capital. After years of backing category-defining companies in consumer, sports, and real estate—and launching RevOZ Capital as a nationally recognized Opportunity Zone leader—Alex and Lisa expanded Revitate to serve external investors, supported by an institutional-grade investment and operations team.
Today, Revitate continues to be a leader in the Opportunity Zone sector while also focusing on the broader sports ecosystem, including investments in the Portland Thorns (NWSL) and Portland Fire (WNBA), related real estate developments, and its partnership with Rx3 Growth Partners—anchoring a long-term vision to build community while driving enduring economic and social impact.
In evaluating opportunities, Alex and Lisa developed a passion for backing business-builders with the vision, talent, and drive to achieve transformational economic and social impact.
In 2013, The Bhathal family acquired the Sacramento Kings NBA franchise as principal co-owners in an investment group led by Vivek Ranadive. Raj Bhathal was appointed Vice Chairman and Alternate Governor for the team, and Alex became Executive Board Member. In subsequent years, the Kings spearheaded the transformation of downtown Sacramento through the development of the award-winning Golden 1 Center, Sawyer Hotel, and Downtown Commons retail and entertainment district. In total, these projects comprised over $1 billion in development of six city blocks and catalyzed over $1.4 billion in additional development within a mile of the district.
— Lisa Bhathal Merage, Co-Founder & Chief Impact Officer
A diverse, bipartisan, and multidisciplinary group of leaders with deep community, government and business expertise.
Revitate has helped to develop an impact assessment tool in conjunction with the Urban Institute to evaluate potential investments during the due diligence process and measure impact in post development.
Revitate Foundation coordinates philanthropic activities for the firm and supports our impact strategies.
Revitate convenes an annual summit to celebrate best practices at the intersection of business and impact and facilitate cross-pollination across the diverse constituencies that connect with our work.
Revitate’s Social Impact Council is a diverse, bipartisan, and multidisciplinary group of leaders with deep community, government and business expertise. Our council provide a sounding board for the firm’s social impact initiatives to ensure that Revitate upholds high standards of partnership, assessment, and transparency.
Revitate has developed an impact assessment tool in conjunction with the Urban Institute to evaluate potential investments during the due diligence process. Data is collected on an annual basis for review, analysis, and inclusion in the Social Impact Report and Summit.
Revitate manages a donor-advised foundation to coordinate philanthropic activities for the firm. Revitate’s Foundation has donated over $300k to select charities, that include Everfree, The Josh Childress Foundation, The Vlade Divac Foundation, The Joe Flacco Foundation, RX3 Foundation, Young 9 Foundation, Portland Thorns Foundation, and Augie’s Quest to Cure ALS.
Revitate convenes an annual summit to celebrate best practices at the intersection of business and impact and facilitate cross-pollination across the diverse constituencies that connect with our work. This includes recognizing specific leaders as Revitate Social Impact Champions for their unique and innovative contributions at the intersection of business and impact.
Vlade Divac, NBA Hall of Famer, Business Executive, philanthropist, and social activist
Sen. Tim Scott, (R) Senator, South Carolina
