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JM Financial’s PE head Harinder Sawhney passes away

28 August, 2012

Harinder Sawhney, managing director of JM Financial’s private equity business, has died of a cardiac arrest on Monday night. The 45-year-old is survived by his wife and two children.

With more than 15 years of experience in the industry, Sawhney joined JM Financial in 2006. Prior to that, he had sewn up deals for IndAsia Fund Advisors, along with Pradip Shah.

Sawhney had managed investments across diverse sectors such as microfinance, retail, farm equipment and offshore logistics. In the past, he had represented clients on both buy and sell sides in India and the US. Some of the major deals he had handled include Samson Maritime, International Practice Ltd, Spandana and South Indian Bank.

An avid golfer and cricketer, Sawhney’s colleagues remember him as the most health-conscious and fitness-savvy person in the team. The sudden death was all too shocking and his colleagues could not come to terms with it.

“A person who would dive on the cricket ground to catch the ball even at his age is struck by a heart attack… it’s really difficult to believe it,” a person close to Sawhney said.

Sawhney is the fourth private equity executive who passed away in the last one year. Last August, Milestone Reilgare PE’s owner Ved Prakash Arya died in a freak accident after a coconut tree fell on him during morning walk. And just 10 days before that, Mayukh Mitter, senior vice-president at Government of Singapore Investment Corp or GIC, the sovereign wealth fund of Singapore, died of a heart attack. In June this year, IndiaCo PE’s MD Rahul Patwardhan also passed away due to heart failure.

(Edited by Sanghamitra Mandal)

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Inderjit Camotra . 6 years ago

Bari dee was a great guy and a good human being . He will be missed bothbas a friend and as a relative. Inderjit

Summeer Bajpai . 6 years ago

Sadly unless we start improving our lifestyle, such incidents will only increase and not decrease. Lifestyle not just implies having a balanced and healthy physical life on an outward level, but also equally and importantly comprises of balanced emotional, mental lives. This is an aspect most neglected by executives in corporate world. Coming from Investments industry myself, I can very well appreciate the pressures. All the three aspects though can be integrated through 30 minutes of devoted spiritual practice or Meditation. But again this has become more of a fad – where people pay a fat fee to attend fashionable Meditation/ Yoga classes. If one becomes serious about the content, lots of benefit can be realised. I am a student of Sahaja Yoga Meditation, and its founder has clearly mentioned, decades before, about such heart attacks. Even though a person may seem to have outwardly a healthy life style, his incessant mental activity & constantly being very futuristic and aggressive, leads to a sort of ‘waste’ heat buildup within the subtle system of body, which can give diabetes, migraine and in extreme cases – a massive killer heart attack! There are very very simple ways also through which this heat can be taken off the body regularly. Let me know if anybody would be interested in knowing more – summeeratgmaildotcom. There are no charges 🙂

Srikant Krishnan . 6 years ago

A gem of a person who had high regard to quality in everything he did. Every meeting I had with him was an inspiration. Will be missed.

Komal dushyant tank. . 6 years ago

Truly very sad for Mr. Harinder Sawhney’s untimely demise . It was very shocking n unbelievable. May god bless his family with utmost courage to bear this unfortunate incident.

JM Financial’s PE head Harinder Sawhney passes away

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