5 Top Women In Hedge Funds Who Are Making Their Mark!

Meet the 5 top women in hedge funds of Indian origin who are making their mark and stirring up the finance industry!

The days when finance was men’s world is long gone! Meet the 5 top women in hedge funds who are making their mark in the finance industry!

According to Britannica: hedge fund, a company that manages investment portfolios with the goal of generating high returns. A hedge fund collects monetary contributions from its customers and creates portfolios by investing that pool of money across a variety of financial instruments. The goal of a hedge fund is to develop investment strategies to maximize returns for its customers’ portfolios.

For years, the world of finance and funds was seen as a men-only club. Prejudice against women and lack of opportunity made it difficult for women to enter this space. Over the years, as more and more women began stepping into the financial sector, the doors to these clubs opened up!

The journey was not easy, to crack into a world where women were seen as inferior! The hedge fund industry is now home to an exclusive group of brilliant Indian women.

Who are the 5 top women In the hedge funds industry?

Here are some incredible women of Indian origin who are acing the male-dominated hedge fund industry!

Find out more about them here:

Mala Gaonkar

5 Top Women In Hedge Funds Who Are Making Their Mark!
Malas Goankar is an American-Businesswoman, based in New York. She is an investment banker turned portfolio manager, who founded SurgoCap, which is an investment firm focused on the disruptive effects of technology within broad industry categories.

Her hedge fund SurgoCap Partners made the largest debut in the market with a trade amount of $1.8 billion. Her firm uses data science to understand how technology can improve the finance, healthcare, and enterprise sectors.

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Divya Nettimi


Divya Nettimi is an Indian-origin portfolio manager is a graduate of Harvard Business School.

She founded Avala Global in 2022 and made her debut with more than $1 billion, which was one of the largest launches for a woman-led company in the financial history of modern times! She and her company focus on growing in the business, telecom, media, and technology sectors.

Devika Agarwal


Devika is the macro portfolio manager at Balyasny Asset Management. She is currently based in Singapore.

She was featured in the 50 Leading Women in Hedge Funds in 2022. Devika has over ten years of experience in the industry. She also runs a macro pod in BAM’s Singapore office with her team. Not only that, but she has actively been involved in campus events to motivate STEM women to join the finance industry.

Nandita Koshal


Nandita is the senior healthcare portfolio manager at Millennium Management, based in New York.

She leads a team of investment professionals in the healthcare sector.  Nandita has shown keen interest as an investment analyst in the life science technology and the diagnostic sector as well. She was also, a part of 50 Leading Women in Hedge Funds for 2022, Nandita has various achievements.

Shikha Gupta

5 Top Women In Hedge Funds Who Are Making Their Mark!
Shikha Gupta manages the highly awarded flagship Astra Specialist Credit fund, she is based in the UK.

According to Astra-Amco, the flagship fund that she handles has been recognized with several industry awards for its resilient double-digit returns and has just passed its 10-year anniversary,

Her holistic knowledge, management style, and investment approach have kept her at the top of the game for years.

How many of these women do you look up to for your financial strategies? 

Image source: created by Social Media of Women’s Web

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About the Author

Rhea Sakhardande

I am a researcher working toward understanding the complex fabric of society. I have a Master's degree in Sociology and am currently exploring Diversity and Inclusion in corporate spaces. read more...

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