Tom Grossman joins Karma Capital

Will focus on building hedging strategies and the continued expansion of the firm
By: karma capital
 
NEW DELHI - March 2, 2015 - PRLog -- New Delhi, India; March 2, 2015: International hedge fund manager Tom Grossman has joined Karma Capital Management, LLC, investment manager to India’s top-performing Karma Star Fund, as Adviser to the CEO, the company announced today. He will advise on risk management, FX, and other hedging, syndicate, GDR transactions, and non-Indian trading. Grossman will be based in New York, and will be a globally available, embedded point of contact for Karma investors.

"After 20 years of investing in emerging markets I know the tremendous value of having an authentic, established, local presence, particularly in markets like India. I am thrilled to partner such a firm where I am completely comfortable with the investment DNA, just as the Indian capital markets enter this new era," says Grossman.

Commenting on this key addition, Nandita Agarwal Parker, General Partner, Karma Capital, said: "We welcome Tom to the Karma team. We share a common vision for the growth of Karma’s Alternatives business globally and I am excited to work with him again. Under his leadership, Aeneas grew to over $800 million under management. We are delighted to have him bring his successful international hedge fund experience to our team as he focuses on implementing global best practices in risk management and supporting our strong growth.

Grossman has over 20 years of experience in investment, trading and risk management. He served as the managing member of Union Avenue Advisors LP from 2009 to 2013. In 2000, Grossman, along with the SAC International team founded Aeneas Capital. Previously, Grossman headed the entire global portfolio for SAC International Equities, LLC. Prior to that, he led International Trading and Risk Management for Kingdon Capital. Grossman’s career spans three decades, starting on the Goldman Sachs International Trading Desk in 1992. He holds a Bachelor of Science degree (Cum-Laude) in Finance from Lehigh University.

About Karma Capital Management, LLC

Founded in 2003, Karma Capital is a leading India-dedicated alternative investment firm and the first one to be launched by an Asian woman. Karma Capital has delivered over a decade of solid performance for its US and global investors through two India equity strategies. The Karma Funds are distinguished by their disciplined investment strategies. Karma Capital manages the Top Performing Long-Short India Fund with an eleven year Annualized Return of 16% and One Year Rolling Return of 70% (EurekaHedge). The Karma Star Fund was nominated the Best ‘Single Country’ Fund for the AsiaHedge Awards 2014 and has been twice nominated ‘Best India Hedge Fund’. Karma Capital is a US Investment Adviser and an India registered Foreign Institutional Investor with research offices in New Delhi and Mumbai.

Website: www.karmacapital.com

E-Mail: InvestorRelations@karmacap.com

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Source:karma capital
Email:***@karmacap.com
Tags:Karma Capital, International hedge, International Trading
Industry:Business
Location:New Delhi - Delhi - India
Subject:Events
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