Draft:Haresh Patel
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Comment: Wikipedia doesn't support the posting of personal autobiographies. Dan arndt (talk) 03:15, 25 July 2025 (UTC)
Haresh Patel | |
|---|---|
| Born | June 6, 1961 Gujarat, India |
| Nationality | American |
| Alma mater | University of Notre Dame (BSEE) |
| Occupation(s) | Technology executive, entrepreneur |
| Known for | Co-founder and CEO of Mercatus |
Haresh Patel (born June 6, 1961) is an American technology executive and entrepreneur best known as the co‑founder and chief executive officer of Mercatus, a financial technology platform for private market investments acquired by State Street Corporation in 2021.[1] He previously held senior leadership roles at publicly traded semiconductor companies including PMC‑Sierra, Agilent Technologies, and WJ Communications.[2]
Early life and education
[edit]Patel was born in Gujarat, India, and earned a Bachelor of Science in Electrical Engineering (BSEE) from the University of Notre Dame in 1983.
Career
[edit]Semiconductor industry
[edit]Patel spent more than two decades in the semiconductor and communications industries. He served as Senior Vice President of Sales and Marketing and corporate officer at PMC‑Sierra, Agilent Technologies, and WJ Communications.[2] At PMC‑Sierra, he contributed to the company’s growth from tens of millions in revenue to over US$1 billion annualized during the networking boom of the late 1990s and early 2000s.[3] At WJ Communications, he helped lead a turnaround that generated a three‑fold return for private equity investors prior to the company’s sale.
Mercatus
[edit]In 2009, Patel co‑founded Mercatus, initially focused on streamlining solar project financing for institutional investors.[4] The platform later expanded to cover all real assets, including energy, infrastructure, power, renewables, and real estate.[5] By 2021, the Mercatus platform managed more than US$1 trillion in invested capital across global private markets.[6]
Acquisition by State Street
[edit]In July 2021, State Street Corporation, one of the world’s largest custodial banks and asset managers, announced its acquisition of Mercatus as part of its Alpha platform expansion for private markets.[7]
Commentary and media
[edit]Patel has been featured in independent media discussing renewable energy finance and private market technology:
- A Bloomberg News article profiled Mercatus’s solar rating system and quoted Patel on financing trends.[4]
- A detailed Breaking Energy interview explored Patel’s views on the future of energy finance and Mercatus’s global platform scale.[6]
- He was also interviewed by PBS SoCal on the evolution of utility‑scale solar projects and financing challenges.[8]
Personal life
[edit]Patel is married to Vina Patel, a cookbook author and culinary educator whose works include From Gujarat With Love and The Spice Collector’s Cookbook. Her books have been featured in National Geographic Food & Travel, The Washington Post, and The Times of India, and her debut title was praised by Tom Parker Bowles as “a vibrant, joyous cookbook you will return to again and again” and was a finalist for the Edward Stanford Travel Writing Award.[9]
References
[edit]- ^ "State Street buys Mercatus platform to automate private markets". Infrastructure Investor. July 22, 2021.
- ^ a b "HelioVolt Hires VP of Sales and Marketing". Ink World. 2007.
- ^ "PMC‑Sierra sales jump 140% in Q3 despite tight wafer supplies". EE Times. October 12, 2000.
- ^ a b "Mercatus Gets Funding for Solar Rating System to Boost Financing". Bloomberg. June 10, 2013.
- ^ "A Digital Deal Room for Faster Solar Financing from Mercatus". Greentech Media. 2013.
- ^ a b "An Interview With Haresh Patel, CEO Of Mercatus Inc, On The Future Of Energy Finance". Breaking Energy. July 1, 2015.
- ^ "O'Melveny Advises Mercatus in Acquisition by State Street Corp". O’Melveny & Myers. July 22, 2021.
- ^ "Is Big Solar Dead?". PBS SoCal. 2017.
- ^ "From Gujarat With Love praised by Tom Parker Bowles". Daily Mail (via eBay summary). 2023.