Deven Parekh
American venture capitalist
Deven Parekh is an American venture capitalist, philanthropist, Democratic fundraiser and public servant. He is managing director at Insight Partners, a New York City venture capital and private equity firm.2
From Wikipedia’s article on Deven Parekh (this version), CC BY-SA 4.0.
About
Parekh is a noted donor and fundraiser for Democratic politicians. He has served in multiple government advisory roles, and is currently a member of the board of directors for the Council on Foreign Relations and the US International Development Finance Corporation (previously the Overseas Private Investment Corporation Board).
From Wikipedia’s article on Deven Parekh, shared under CC BY-SA 4.0.2
Companies
- Council on Foreign RelationsBoard member 2021 to now12
- Carnegie Endowment for International PeaceBoard member Jun 6, 2019 to now13
Early life and education
Parekh was raised in Livingston, New Jersey.
He graduated in 1991 with a B.S. in Economics from the Wharton School of Business at the University of Pennsylvania.
From Wikipedia’s article on Deven Parekh (this version), CC BY-SA 4.0.
Career
Occupation: managing director.8
- Since 2021Board member, Council on Foreign Relations7
- Since 2019Board member, Carnegie Endowment for International Peace6
- Date not recordedWorked at Insight Venture Partners5
Private sector
Parekh began his career at The Blackstone Group and Berenson Minella & Company before joining Insight Partners (formerly known as Insight Venture Partners) in 2000.
Parekh's investments include Twitter, Alibaba, Calm, and Saks.com.
As of June 2022, Parekh serves as board chair for Appriss and serves on the board of directors for companies including Fanatics, Within3, 1stdibs, Checkout.com, and WeWork.
Parekh was selected to the Forbes Midas List from 2014 through 2018.
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Board Membership
From 2010-2012 Parekh served as a member of the advisory board of the U.S. Export-Import Bank. He also served on the Technical Advisory Council of the Federal Communications Commission from 2011-2018.
Parekh served as a member on the Overseas Private Investment Corporation board from 2016-2018. He was nominated by President Barack Obama and confirmed in 2016. In June 2020, President Donald Trump nominated Parekh to the board of directors of the US International Development Finance Corporation, which succeeded the Overseas Private Investment Corporation Board. Parekh was confirmed by the U.S. Senate in December 2020.
Parekh was appointed to the board of The Mayor's Fund to Advance New York City in 2018, and served until 2020.
In July 2021, Parekh was named one of four winners of the 2021 Robert F. Kennedy Human Rights Award, also known as the Ripple of Hope Award, citing both his business and charitable work. Fellow winners included politician and voting rights advocate Stacey Abrams.
From Wikipedia’s article on Deven Parekh (this version), CC BY-SA 4.0.
Personal life
- CitizenshipUnited States9
Parekh lives in New York City with his wife and two children.
From Wikipedia’s article on Deven Parekh (this version), CC BY-SA 4.0.
Philanthropy
In 2021, Parekh and his wife Monika donated $10 million to found the Parekh Center for Interdisciplinary Neurology at NYU Langone, which focuses on research into treatments for neurodegenerative diseases including multiple sclerosis and epilepsy.
From Wikipedia’s article on Deven Parekh (this version), CC BY-SA 4.0.
Politics
Parekh is a major fundraiser for the Democratic party, having raised a total of $988,590 for Barack Obama's 2008 and 2012 presidential campaign, with $606,000 of that raised in 2011 and 2012. In 2016, he became the first Indian American to raise more than $100,000 for then-candidate Hillary Clinton.
In 2020, Parekh was named to a list of Joe Biden’s bundlers who raised at least $100,000 for his presidential campaign.
In October and May 2020, Parekh co-hosted virtual fundraisers for president Joe Biden’s 2020 presidential campaign with Roger Altman and Blair Effron. The fundraiser was held virtually due to COVID-19 concerns. In 2023, he co-hosted a fundraiser for the Joe Biden 2024 presidential campaign.
From Wikipedia’s article on Deven Parekh (this version), CC BY-SA 4.0.
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataDeven Parekh on Wikidata
- 2WikipediaDeven Parekh on Wikipedia
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- 4Wikidataeducation, as reported
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- 10WikidataDeven Parekh: X, on Wikidata
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