Sunil K. Aggarwal

Founder, Principal, Managing Director

Experience

Development financing expert with quarter century of experience
Visionary founder of financial services group with more than $1B financed to date
Former investment banker, specializing in municipal bond financings
Formerly VP, NYC Economic Development Corporation

Career Highlights

Created value added for many NY project developers
Originated and closed hundreds of project financings
Financed difficult new development projects
Built a large professional network

Investment banker. Municipal financial advisor. Entrepreneur. A critical theme runs throughout Sunil’s long, accomplished career: the drive to leverage capital to fulfill unrealized potential.

Focus on Development Financing

Many hundreds of educational and cultural institutions, social service agencies, and community-based manufacturers are the beneficiaries of project financings structured and placed by Sunil and his team. He attributes his success to early exposure to a wide range of development financing options, from capital markets solutions, conventional real estate loans, and not-for profit loans to construction and EB-5 financing, as well as other tax credit equity programs.

Strengthening Neighborhoods through Economic Growth

From 1990-1997, Sunil served as Vice President at the New York City Industrial Development Agency, better known as the New York City Economic Development Corporation (NYCEDC). He managed tax-exempt bond financings for high-profile projects, such as the US Tennis Stadium, Terminal One at JFK Airport, various initiatives for American Airlines, and the New York Blood Center, an innovator in the field of hematology for more than 50 years.

At the NYCEDC, as with subsequent work, Sunil fuelled innovation and economic growth through assisting small and emerging businesses, including not-for-profit organizations and manufacturing companies. By maintaining strong relationships with economic development agencies, the banking community, bond and tax credit equity investors, and community development lenders, Sunil helped ensure the long-term viability and success of local enterprises. For example, during his term at the NYCEDC, he routinely reduced operating costs for businesses through capitalizing on incentive programs and grants.

Expertise with Tax Exempt and Taxable Municipal Bonds

Sunil is a former senior investment banker at Roosevelt & Cross Incorporated, a boutique municipal bond firm based in New York. From 1999-2008, he provided municipal financial advice and broker-dealer services related to tax exempt and taxable municipal securities issued for not for profits and manufacturing companies. His work at the historied firm, a leader in local government financing, resulted in a thorough background in public financing, including the evaluating, structuring, and execution of a wide range of negotiated bond issuances for local not-for-profit institutions.

Sunil worked with the internationally renowned Tenement Museum located on Manhattan’s Lower East Side, as well as well-respected social service agencies, such as the Guttmacher Institute, Urban Resource Institute, Manhattan News Network, and various Yeshivas.

The Origins of ThinkForward Financial

As founder and chief visionary of ThinkForward, Sunil saw a unique opportunity in 2009 to assemble a diverse team of experts from major investment banking and real estate firms and government agencies. He could now offer growing enterprises the full spectrum of financing options, the result of having amassed deep benchmarks, resources, and critical industry relationships.

Education & Certifications

MS, Quantitative Finance, Carnegie Mellon University, Pittsburgh, PA
MBA, Finance, University of Manchester, Alliance MBS, Manchester, England
SEC and MSRB Registered Municipal Advisor
Registered Rep with A. Bridge RealVest Securities Corp (a boutique broker-dealer firm)
FINRA Series 7, 50 and 63 licenses

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