From the Archive: Institutional Investor’s 2025 Hedge Fund Rising Stars

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This year, Institutional Investor is honoring 10 Rising Stars in the hedge fund industry. The talented professionals in this elite group are recognized for their outstanding…

This year, Institutional Investor is honoring 10 Rising Stars in the hedge fund industry. The talented professionals in this elite group are recognized for their outstanding contributions and diverse backgrounds. We’ve chosen people from the tiniest startup funds to those working at the largest, and most iconic, firms.

Two of them, Kate Baumann of Empyrean Capital Partners and Farid Guindo of Drill Capital Management, were born in Africa. Baumann has transformed Empyrean’s capital base, and Guindo focuses on investing in energy sector infrastructure that is so critical to the citizens of his homeland. Another, Altimeter Capital Management’s Clark Tang is a New York City native and technology investor who saw potential in Nvidia long before the rest of the crowd. Hussein Sacoor launched his own hedge fund in his birthplace of Lisbon, Portugal, before moving to New York to join Tekne Capital Management, which invests in the Global South.

Watch for profiles on our other five stars, which will be released soon. Two come from some of the largest, most successful firms while the other three have launched their own, smaller funds. The Rising Stars will be honored at the Allocators’ Choice Awards on September 18 at the Mandarin Oriental in New York City. You can register here. Last week II named the 2025 finalists for Endowment/Foundation CIO of the Year, Health Care System CIO of the Year, Public Pension CIO of the Year, and the Award for Leadership and Vision.

Clark Tang was only three years old when he figured out the password and logged on to his dad’s computer. By age seven, he was using the internet all the time — and playing video games that gave him a taste for trading. That ultimately led him to the world of hedge funds, and eventually to Altimeter Capital, a leading technology-focused investment firm, where he made a breakout investment in Nvidia in late 2022.

Last year, he became the youngest person to be named partner at Altimeter, which focuses on both public and…

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