Bloomberg Law
Dec. 3, 2021, 5:01 AM

Hedge Fund Startups Led by Women Finally on the Rise

Katherine Burton
Katherine Burton
Bloomberg News
Nishant Kumar
Nishant Kumar
Bloomberg News
Hema Parmar
Hema Parmar
Bloomberg News

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.

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Megaphone.fm: Change Is Coming to the Hedge Fund Ga...

They are just the most prominent of a group of women who are opening, or have recently opened, funds around the world. It’s been a long time coming. Of the thousands of hedge funds, only about 80 are led by ...