Parag Sawhney

Parag Sawhney is the Founder and Managing Partner of Penn South Capital where he is responsible for identifying, negotiating and structuring Real Estate acquisitions and JVs.  Having bought his first property in Manhattan at the age of 26, Parag has over a decade of experience successfully navigating through NYC complex zoning, building department code and rent law matters.  Besides making Penn South Capital into a vertically integrated platform and successfully spearheading cradle to grave execution on several assets,  Parag has also mentored & coached several peers in the space over the past few years who have in-turn accumulated hundreds of millions of assets in the NYC market. Parag has also consulted on valuing and underwriting one off and portfolio deals for bankruptcy attorneys and bridge lenders. Prior to his current undertaking, Parag founded a clothing apparel line that even today does several million dollars in annual turnover and is carried nationwide in big box discounters. Parag started his career as an Investment Banking Analyst with Citigroup where he advised Consumer and TMT companies on M&A and capital market transactions. Notable deals include Altria’s acquisition of UST for $11.7bn. Parag has also worked at UBS’ Wealth Management Group and Deutsche Bank’s Securitized Products Group in New York. Parag graduated from New York University’s Stern School of Business where he graduated Magna Cum Laude with a concentration in Finance and Accounting.