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Saumil is a FINRA license holder and a qualified CFA. He is an experienced M&A and private placement investment banker with a proven record as a trusted advisor to public and private companies. Before joining the Patel Hotel Fund, he raised over 400 Million in Capital through various private placements for the business entities towards their growth.
Saumil has led an investment banking team in New York for 4 years and represented debt and equity capital raising on Wall Street, deal structuring and managed operations of investment banking.
He has the Series 24, 63, 79, and 82 FINRA licenses. He is a CFA, has an MBA in finance from Boston University, and a bachelor’s in computer engineering from Mumbai University. In the Bloomberg Aptitude Test, Saumil was ranked #3 worldwide and #2 across North America.
Saumil Leads the deal screening as well as the market analysis desk. He is actively involved in the Investor relationship, reporting, and operations management of the fund.
Tulsee is a third-generation hotelier, ranked 30 Under 30 in hospitality by AAHOA. She brings in 3 generations of family relationships and contacts across the United States with her unique way of analyzing deals beyond the financials in the operational as well as the market future forecasting.
The family business took her to the Bay Area. What started with 1 project turned into underwriting 12 development opportunities and holding 3. She later went to join Marcus and Millichap where she enhanced her knowledge underwriting complex hospitality investments ranging from $2 to $35 million. In her current role, she is responsible for investment sales, debt and equity placement, strategic advisory, and asset management.
Tulsee was an AAHOA North Pacific Ambassador, one of America’s largest non-profit bodies that integrate the hoteliers across all states for 2 years, and North Texas Ambassador for one year where she bridges hotelier feedback with brand representatives and elected officials lobbying biannually in DC.
She is also passionate about her involvement with female empowerment and communities; annual scholarship judge with Girls Inc Oakland, packing snacks for food insecurity in Texas with Snack Pak 4 Kids, cleaning up with the elected councilman of her old childhood neighborhood near Fruitvale BART in Oakland, and taking time to support elected female representatives.
Tulsee earned her business administration degree in Marketing with a minor in Sales from the University of Houston.
Purnima brings 30 years of hospitality legal transaction experience and her network of hotel owners to the fund. Beyond the hotel transaction experience, she holds over 30 years of experience in commercial and residential real estate law and immigration law. She specializes in hotel and motel acquisition, sale, construction, franchise, and financing.
Purnima worked as a municipal attorney for the City of Binghamton for six years. She also has experience working in the real estate department at Hinman, Howard, and Kartell. Purnima is known for her unparalleled work ethic and dedication to her clients in advocating for their best interests. She has enjoyed and cultivated a 25+ year relationship with most of her clients and has seen a repeat client rate of 100%.
Purnima has owned and operated her practice since 1993 and has been a shining exemplar as a female and minority lead counsel well ahead of her times. A Singapore native, she holds a Bachelor of Laws degree from the National University of Singapore, where she graduated in the top ten of her class. She is admitted to the bar in NY and as a corporate counsel in PA. Purnima is an in-house counsel, leading legal and compliance to asset transactions.
Dipika has over 22+ years of experience in the hospitality industry and is a seasoned veteran in hotel operations and real estate. Dipika served as the President and CEO of Hayden Holdings, a hospitality investment and management company with real estate assets valued at more than $250 million.
Dipika is a corporate professional turned entrepreneur known as Dee in the Hospitality circle. Before carrying the family mantle into the hospitality industry, she spent 14 years on Wall Street with leading banks and private equity firms; Citigroup, Merrill Lynch/Bank of America. She carries 20+ years of experience in developing, managing, and transacting hotels in Select Service and Full-Service segments across various geographies in the U.S. She has also managed investment exposure in multi-family properties and real estate beyond hospitality across various states. In the last 10 years, in her capacity, she has developed 25+ hotels and transacted 50+ hotels. She has also created and owned the boutique hotel brand “Hayden” in NYC.
Dipika holds a Bachelor of Science Degree in Business Finance from the Business School of Manchester, the UK, and an MBA in Business Management from NYU, New York. She is also a Six Sigma black belt certified in process management from GE Jack Welch Academy.
Dipika Patel is a Managing Member providing overall strategic guidance for the fund and she oversees the origination, structuring, and asset management of the company’s investments.