Investor Divya Nettimi is all set to make history as the very first woman to start her own billion dollar hedge fund. Avala Global, Nettimi’s hedge fund, with more than $1 billion in commitments marks the largest launch of a female-led company in the history of the industry. Bloomberg reports that it is also one of the biggest debut launches of the year. Read along to find out more.
Avala Global
There has been no public announcement about the start of the fund yet. However, some reports suggest that the fund has already started investing most of the money. Nettimi’s leadership and management skills were evident during his school days. Nettimi completed Biometrical engineering at Stanford University. Later, in 2014, he completed his MBA from Harvard Business School where he also managed the institute’s Alpha Fund.
For four years, Nettimi worked as an associate for Goldman Sachs, focusing specifically on its internal hedge fund. He also worked as a portfolio manager for seven years for Ole Andreas Halvorsen’s Viking Global Investors. Nettimi’s work at Viking as head of global technology, media, and telecommunications investments is an anecdote of his skill, as he managed over $4 billion. In addition to this, he also manages the company’s investments in Microsoft, Amazon.com, ServiceNow, and Singapore-based Sea Ltd.
Nettimi was listed in Forbes “30 under 30 Finance” in the year 2016 for “influencing billions of dollars of stock investments in a $30 billion hedge fund, focused on the e-commerce and retail sectors .”
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