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.
Sarma earned a bachelor's degree from the
Indian Institute of Technology Madras
Indian Institute of Technology Madras (IIT Madras) is a public technical university located in Chennai, Tamil Nadu, India. As one of the Indian Institutes of Technology (IITs), it is recognized as an Institute of National Importance and has be ...
, and a master's degree from
Princeton University.
Sarma worked as a consultant at
McKinsey & Co for three years before joining
Tiger Global Management, where he worked for five years.
In 2006, he founded the hedge fund SRS Investment Management in 2006 and now manages $10 billion.
SRS owns 43% of
Avis Budget Group and Sarma is a director.
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.
He lives in New York City.
References
{{DEFAULTSORT:Sarma, Karthik
Living people
Indian billionaires
American billionaires
Indian company founders
Princeton University alumni
IIT Bombay alumni
1970s births