To say that Amit Pardasani, 31, was precocious would be an understatement. Having grown up in Queens, New York, he left home at age 15 for the Wharton School of the University of Pennsylvania. By then he was already keen on the stock market. At Wharton, Pardasani became interested in high-yield bonds, the market founded by fellow school alumnus Michael Milken. Friends say that what struck Pardasani most about Milken’s ideas was that when analyzing bonds, the payment comes whether you’re right or wrong, as opposed to in the stock market, where success depends on buyers being willing to pay more than you did for your holdings. This fascination with bonds led Pardasani to the world of distressed debt and a seat on the UBS debt trading desk in New York. In 2006 he became the first nonpartner employee at New York–based Latigo Partners, an event-driven hedge fund firm founded by David Ford, formerly of Satellite Asset Management and Och-Ziff Capital Management Group, and David Sabath, who previously worked in proprietary credit at JPMorgan Chase & Co. In 2009, with the distressed credit cycle under way, Pardasani joined Owl Creek Asset Management, the $4 billion, New York–based event-driven and long-short equity and debt firm founded by Jeffrey Altman, as a partner.

The 2015 Hedge Fund Rising Stars
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Paul Alzapiedi
Silver Point Capital
Adam Bernstein
Pagoda Asset Management
Jennifer Bloom
Robert Campion
Canyon Capital Advisors
Katherine Chan
Anandar Capital Management
T. Troy Dixon
Hollis Park Partners
Curtis Gallagher
Park Hill Group
Brian Goldberg
Geoffrey Keegan
Creciente Partners Investment Management
Brian Kelly
Millennium partners
Robert Kennelley
Rocaton Investment Advisors
Ryan Kilstein
Southpoint capital advisors
Monica Lai
Leigh Lower
Graham Capital Management
Pooja Malik
Nipun Capital
Jamie Mendola
Pacific Grove Capital
Bradley Neumeister
Oleg Nodelman
EcoR1 Capital
James Oussedik
Sidley Austin
Amit Pardasani
Owl Creek Asset Management
Putri Pascualy
Courtney Powers
University of texas Investment Management Co.
Laura Roche
Roystone Capital Management
Harlan Saroken
Perry Capital
Richard Scarinci
Blackstone Group
Randall Shu
Samuel Siegal
Senator Investment Group
Nadine Terman
solstein Capital
Anastasia Titarchuk
New York State Common Retirement Fund
Christina van Beelen
Secor Asset Management