Hedge Funds

From Mala Gaonkar’s SurgoCap to Divya Nettimi’s Avala: The top women-led hedge fund launches

Star female portfolio managers have been able to raise billions for hedge fund debuts

Mala Gaonkar launched tech-focused hedge fund SurgoCap Partners in January 2023
Mala Gaonkar launched tech-focused hedge fund SurgoCap Partners in January 2023 Photo: John Nacion/Getty Images

Last year was a landmark for female-led hedge fund launches as Mala Gaonkar’s SurgoCap Partners made its debut with $1.8bn in assets under management, the largest ever by a firm headed by a woman.

SurgoCap’s launch in January 2023 was a few weeks after Viking Global’s star portfolio manager Divya Nettimi launched her hedge fund Avala Global with more than $1bn in assets under management.

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Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust WatchdogExternal link

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