MUMBAI: Avendus Capital Public Markets Alternate Strategies, the alternate asset management arm of Avendus Capital, on Tuesday said it has appointed a new team led by Rishi Kohli for the integration of quant, alpha creation, risk management, and portfolio construction within the firm’s long short strategies. Avendus Capital Public Markets Alternate Strategies is part of the Avendus Group, and has assets under management (AUM) worth around $800 million under long short strategies. Kohli has joined as managing director and chief investment officer – Quant Strategies. He will be joined by his team members from ProAlpha Capital – Mehul Patel and Gaurik Shah as fund managers and Viral Mehta as senior trader. “Avendus Alternate Strategies is already one of the largest hedge fund managers in India, and we consider this as a great privilege and opportunity.

Source: Mint June 01, 2021 10:18 UTC