A dollar invested in the firm's flagship hedge fund at inception would be worth $28 after fees at the end of 2025, compared to less than $9 for the S&P 500.
Avala Global, launched by former Viking Global star trader Divya Nettimi, had strong performance numbers in 2025. However, the firm has continued to lose staff. Three investment analysts left in the second half of 2025, and Nettimi's fund is set to lose two more senior executives in 2026, including the firm's COO. Avala Global, the $2 billion manager launched by Nettimi in late 2022, gained 22.1% in 2025, according to the firm's year-end letter to clients, which was viewed by Business Insider.
Hao Zhang, a top quant researcher at Two Sigma, pioneered machine learning trading research, generating billions in profits before planning to launch Hippocampus Capital Management in 2026.
Andrew Axelrod's co-management of Avant Gardner and efforts to reopen the Brooklyn Mirage reflect ongoing challenges in the NYC nightlife scene following SFX's bankruptcy.
"We are looking for the brightest minds across the world to contribute their understanding of the challenges and opportunities that lie ahead and to join us as we navigate the future of this new world order."
"The judge's decisions were limiting a great deal of the evidence," Corozzo explained of the decision that ultimately led Franzone to plead guilty instead of facing a jury.