Mr Ajay Vora Fund Manager
For the past fifteen years, I have cultivated a robust performance history characterized by the consistent generation of substantial excess returns across diverse market cycles. My investment approach is predicated on the principle of optimizing profit realization rather than long-term holding of individual securities, thereby seeking investment scenarios presenting an advantageous asymmetry between potential returns and inherent risks. My proficiency lies in comprehending macro-economic dynamics, which has facilitated the early identification of both global and domestic market trends.
My career commenced with a foundational role as an early member of the equity desk within Reliance Industries' Treasury department. During this tenure, I played a pivotal role in the establishment and formalization of the investment processes, operational frameworks, and research infrastructure. Furthermore, I was responsible for the expansion and management of assets under management, reaching approximately USD 1 billion.
Presently, I am associated with Nuvama Asset Management, focusing on the expansion of their listed equities business. I am eager to apply my extensive expertise in fund management and fundamental research across various asset classes to this role.
Mr. Gaurav Puri Chief Investment Officer
Extensive experience exceeding 15 years, encompassing investment and operational management, asset development, and capital raising activities.
Mr. Naveen Baid Fund Manager
With over 18 years of professional experience across both sell-side and buy-side financial services, Naveen possesses a comprehensive understanding of investment management. He initiated his career in 2007 as a research analyst within the proprietary research division of DE Shaw, a globally recognised hedge fund.
Subsequently, Naveen's sell-side tenure at HSBC focused on developing investment recommendations for institutional clients within the midcap segment, with initial sector coverage including Real Estate, Information Technology, and Media & Entertainment.
His transition to Aditya Birla Capital saw an expansion of his responsibilities to encompass a broader spectrum of industries, such as Automotive, Auto Ancillaries, Healthcare, Pharmaceuticals, Building Materials, and Ageing-related businesses. During his eleven-year tenure at Aditya Birla Capital, he managed a research team comprising seven analysts and actively participated in the investment committee responsible for overseeing two Portfolio Management Services (PMS) schemes.
Naveen's primary expertise lies in extracting actionable insights and analytics from extensive quantitative data sets. He adeptly integrates top-down and bottom-up investment methodologies to construct robust investment strategies.
At Nuvama, Naveen is entrusted with the management of the Nuvama Absolute Return Strategy (NARS) and the Nuvama Equities eXpansion Target (NEXT) PMS, operating within the Listed Equities vertical of Nuvama Asset Management.
Academically, Naveen holds a commerce background and a Master's degree in Finance from ICFAI, Hyderabad. He is also a CFA charterholder.
Mr Nikhil Ranka Fund Manager
With over nineteen years dedicated to equity research and portfolio management, the individual currently serves as the Chief Investment Officer for Equity Alternatives at Nuvama Asset Management. Their responsibilities include managing the Nuvama Multi Asset class Absolute Return Strategy and the CAT 3 EDGE Fund (Nuvama Enhanced Dynamic Growth Equity). This fund employs long-short strategies with the objective of achieving consistent returns across various market cycles while maintaining low return volatility.
Mr. Pranav Parikh, CFA Managing Partner and Head, Private Markets
With over 27 years of demonstrated success in both US and Indian investment environments, our approach prioritizes risk-adjusted returns. Approximately 15 years of this experience has been dedicated to private equity and credit strategies, encompassing high-yield instruments, convertible securities, and distressed debt. This was gained at Q Investments, a US-based multi-strategy fund with assets under management of $4 billion.
The individual was instrumental in establishing the current private equity and venture capital crossover investment platform at Nuvama. They are presently overseeing Fund III, having previously managed Fund I and Fund II during their tenure at Edelweiss Asset Management Ltd. Prior to this, they established and developed Q Investments' operations in India, leading investments across private equity and public markets.
Recognition includes being named Private Equity Deal Maker of the Year in India by the Global M&A Network, US, in 2009. Academic qualifications include Chartered Financial Analyst (CFA) certification from the CFA Institute, USA (2002), an MBA in Finance from UTA, TX, USA (1996), and a BE in Industrial Engineering from MS University, India (1994).
