The 2014 Hedge Fund Rising Stars: Nitin Saigal
Saigal co-founded Kora Management with $50 million from Bridger Management, where he spent eight years. Kora launched earlier this year.
In May the Sohn Investment Conference in New York a
well-known charity event, where top hedge fund managers pitch
their best investment ideas added a new feature, Next
Wave, and invited a handful of new young managers to present.
Nitin Saigal was one of them. Saigal, 32, grew up in Mumbai,
moved to the U.S. and earned a BA from Harvard University and
an MBA from Harvard Business School. He spent eight years at
New Yorkbased hedge fund firm Bridger Management; as a
senior analyst he developed Bridgers international
research and investment capacities. He left to co-found Kora
Management, where he is CIO, with $50 million from Bridger.
emerging markets and international
equities, the fund launched this January. Kora, based in
New York, also has offices in Mumbai, São Paulo and
Shanghai. At the Sohn conference, showing the courage of his
convictions, Saigal pitched a long investment in Bharti
Infratel, an Indian telecommunications infrastructure provider
that has seen significant short interest.