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.