Female Hedge Fund Launches Pick Up In Tough Year For The Industry

On the 3rd of January, Mala Gaonkar’s SurgoCap Partners began trading with $1.8 billion in assets under management, making it the largest woman-led hedge fund in the history of the industry.

Gaonkar’s fund launched only a few months after Divya Nettimi, a former portfolio manager at Viking Global, set the previous record for the largest women-led hedge fund with a launch of $1 billion.

Avala Global was also one of the largest hedge funds that debuted globally last year. The most significant launch was Alex Karnal’s Braidwell, which started trading in April with $3.5 billion in assets under management.

Q4 2022 hedge fund letters, conferences and more

Female Fund Launches Pick Up

Gaonkar...