The Hot New Trend For Hedge Funds Is—Finally—Female Founders
Nine recently opened or soon-to-launch funds demonstrate that change is coming—slowly—to the world of money management.
Clockwise from top left: Gaonkar, Tian, McIntyre, Wu, Carrasquillo, Green.
Photography, clockwise from top left: Bloomberg; Courtesy Tian; Courtesy McIntyre; Courtesy Wu; Courtesy Carrasquillo; Courtesy Green
When Mala Gaonkar and Divya Nettimi open their hedge funds in 2022, some bankers and investors expect they could each start with $1 billion or more under management. There has never been such a large launch by a woman-led firm, never mind two in the same year.
Listen to this story