For first time since Sohn began its 'Next Wave' series six years ago, the majority of presenters identified as rising stars on Wall Street are not white men.
For nearly a quarter century, the Sohn Conference has brought together the best and the brightest in the investment world to pitch their ideas in front of thousands of their peers, spring-boarding many into industry-wide name recognition.
For the first time, a majority of the"Next Wave" presenters will not be white men, in an industry where less fewer than 5% of hedge funds are owned by women and fewer than 10% are owned by minorities, according to a report from Bella Research Group and the John S. and James L. Knight Foundation. She hopes to keep the fund small so that she can continue to"play in the most exciting space" of small- and mid-cap companies and plans to present a short at the conference that is"relatively controversial, definitely on the spicier side of the spectrum."
"At any other fund I would have been siloed," he said, adding he was thankful for Perry letting him"roam." With about $1 billion in assets and a staff of 20, Parvinder Thiara's Athanor Capital looks to be on steady ground less than two years after beginning trading. What those numbers don't show, Thiara said in an interview with Business Insider, is how tricky it is to get there.
Now, he says, he sees the"a unique satisfaction that comes from building something from the ground up."
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