Karthik Sarma | |
Birth Place: | India |
Education: | Indian Institute of Technology Princeton University |
Occupation: | Hedge 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 in 2006 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]