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Saish Setty
General Counsel at Parallaxes Capital
- TRAs
- Law
- Executive
- đź“ŤNew York, NY
Saish joined Parallaxes Capital in 2021 and previously worked at Paul, Weiss, Rifkind, Wharton & Garrison LLP and began his legal career in the Restructuring and Finance department at Wachtell, Lipton, Rosen & Katz.
Saish graduated from Princeton University with a Bachelor of Arts in Economics and from Harvard Law School cum laude with a Juris Doctor (J.D.).
Saish has been featured in Fitch’s LevFin Insights, Reorg Radio and Forbes. He has spoken at events and conferences including those sponsored by Practicing Law Institute and the CFA Society’s High Yield Bond Master Class.
read more
 BOOK NOW FOR your podcast
Saish Setty
General Counsel at Parallaxes Capital
- đź“ŤNew York, NY
- TRAs
- Law
- Executive
Saish joined Parallaxes Capital in 2021 and previously worked at Paul, Weiss, Rifkind, Wharton & Garrison LLP and began his legal career in the Restructuring and Finance department at Wachtell, Lipton, Rosen & Katz.
Saish graduated from Princeton University with a Bachelor of Arts in Economics and from Harvard Law School cum laude with a Juris Doctor (J.D.).
Saish has been featured in Fitch’s LevFin Insights, Reorg Radio and Forbes. He has spoken at events and conferences including those sponsored by Practicing Law Institute and the CFA Society’s High Yield Bond Master Class.
read more
As seen on
“TRAs can create additional complexity to an acquisition,” said Saish Setty, a former corporate lawyer now at the hedge fund Parallaxes Capital. “Since it is typically held by pre-IPO owners who may still exercise substantial control over the company’s destiny, the TRA can create a web of conflicting incentives for stakeholders. Och had substantial value in his TRA and he played a high-stakes game of chess to protect that value.”
“Saish Setty is the General Counsel at Parallaxes Capital, an emerging alternative asset manager focused on TRAs (Tax Receivable Agreements) and esoteric assets. As a senior member of the company’s deal team, he spearheads the development of TRA strategies, a complex alternative asset class. Parallaxes has deployed more than $250 million across its various funds.”
Timeline
Aug 2021 - Present
Parallaxes Capital
Investment Professional and General Counsel
Jul 2019 - Jul 2021
Paul, Weiss, Rifkind, Wharton & Garrison
Associate
Feb 2015 - Dec 2018
Reorg Research
Director of Reorg Covenants
Oct 2012 - Jan 2015
Wachtell, Lipton, Rosen & Katz
Associate
Jun 2007 - Jun 2009
Oliver Wyman
Financial Services Consultant
