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Karthik Sarma

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Karthik Sarma
Born1974 or 1975 (age 49–50)[1]
India
EducationIndian Institute of Technology
Princeton University
OccupationHedge fund manager

Karthik Sarma (born 1974/1975) is an Indian billionaire hedge fund manager. As of June 2023, his net worth was estimated at US$2.9 billion.[1]

Sarma earned a bachelor's degree from the Indian Institute of Technology Madras, and a master's degree from Princeton University.[1]

Sarma worked as a consultant at McKinsey & Co for three years before joining Tiger Global Management, where he worked for five years.[1] In 2006, he founded the hedge fund SRS Investment Management and now manages $10 billion.[1] SRS owns 43% of Avis Budget Group and Sarma is a director.[1]

In 2021, Sarma was one of eight hedge fund managers to earn over $1 billion, with $2 billion, mostly from a 5.5 times rise in the Avis share price.[2]

He lives in New York City.[1]

References

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  1. ^ a b c d e f g "Forbes profile: Karthik Sarma". Forbes. Retrieved 24 June 2023.
  2. ^ "Corner Office: Karthik Sarma". Institutional Investor. March 10, 2022. Retrieved 11 September 2022.