Overview
Dhruv Parmar holds the position of Vice President at Castellan Real Estate Partners[1][3]. Parmar works as a Portfolio Manager in private credit, focused on real estate bridge lending, and has underwritten and managed $650MM+ of investments across different asset classes[2]. Parmar's investment approach emphasizes protecting downside first, with returns following[2], and structures positions across senior, mezzanine, and co-invest levels while navigating intercreditor dynamics[2]. Prior experience includes co-founding Meraki Advisors from August 2018 to March 2023[6], serving as Head of Credit at New India Co-Operative Bank Limited[7], and holding roles at IDFC Bank[8] and Fullerton India Credit Company Ltd.[9]. Parmar holds a Chartered Accountant qualification from The Institute of Chartered Accountants of India[10] and a Bachelor of Commerce degree from HR College[11].
Profile introduction
I have learnt to invest in credit with one philosophy: protect downside first, returns follow. I’m a Portfolio Manager in private credit fund, focused on real estate bridge lending where structure matters as much as asset quality. I’ve underwritten and managed $650MM+ of investments across different asset class and scenarios — targeting yields with disciplined leverage and low LTVs. My work sits at the intersection of credit and capital markets. I structure across senior, mezzanine, and co-invest positions, navigate intercreditor dynamics, and engage with investment committees and institut…
Career history
- Vice PresidentMay 2026 to presentCastellan Real Estate Partners
- Portfolio ManagerMar 2024 to Jun 2026Castellan Real Estate Partners
- ConsultantOct 2023 to Jan 2024Sustainability Excellence
- Co-FounderAug 2018 to Mar 2023Meraki Advisors
- Head of CreditOct 2020 to Sep 2021New India Co-Operative Bank Limited
- ManagerOct 2015 to Nov 2016IDFC Bank
- Management TraineeDec 2014 to Sep 2015Fullerton India Credit Company Ltd.
Education
- TIChartered Accountant, Accounting and FinanceThe Institute of Chartered Accountants of India
- Bachelor of Commerce (B.Com.), Accounts and FinanceHR College
- St.Columba
This page shows public professional information only, each fact cited. Is this you? send a correction, or ask for removal within 24 hours, no questions asked.