Prashant Kothari was born in Mumbai and grew up in Chennai, and lives in the Washington DC metro area with his wife and 12-yr old son.
He is currently a Managing Director at SitusAMC, a Stone Point Capital portfolio company.
Prashant’s past lives include diamond trading and jewelry manufacturing (the family business), mortgage derivatives structuring and trading (the #1 desk on Wall Street), corporate America (Office of the President at Freddie Mac) and multiple entrepreneurial ventures in ecommerce, epublishing and real estate technology.
Prashant is keenly interested in the intersection of finance + technology + housing + data and the ultimate impact on end-borrowers and is a sought-after speaker at industry and entrepreneurial conferences and events. Prashant has founded & runs the largest angel group focused on real estate technology within the US and is also a member of one of India’s largest angel networks, The Chennai Angels. In addition, he’s an active investor in and coach, mentor and advisor to several other startups. Prashant is a member of the Gathering of Titans, a group of seasoned serial entrepreneurs that meet annually at MIT (for last 15 years)
In 1998 Prashant created and ran a mentoring program for South Asian youth (focused on the children of lower-income migrants) that was the largest such program in the US at that time. He’s also an amateur economist and founded a group blog, The Indian Economy Blog, in 2005 with 15 contributors from across the globe that was cited by numerous mainstream media sources (Fast Company, the Times of London and the Economist) as one of the top five blogs on India.
Prashant has an undergraduate degree from Loyola College, Chennai where he was the Valedictorian and an MBA from the UCLA-Anderson Graduate School of Business where he was a Riordan Scholar. He is a CFA (Chartered Financial Analyst) and a CMB (Certified Mortgage Banker).
Prashant’s Board memberships include the Junior Achievement of Greater Washington, EO-DC, and TiE DC and he is also actively engaged with Pratham and the Economic Club of Washington, DC.
On the personal front, Prashant is an omnivorous bibliophile and is currently re-reading all of Shakespeare’s plays. He started learning the piano a couple of years ago and tries to attend at least one meditation retreat each year.