Bobby Jain – Multi-Strategy Hedge Fund First Principles at Jain Global (EP.487)

Bobby Jain, CEO and CIO of Jain Global, discusses his career, the evolution of trading, and the launch of his multi-strategy hedge fund. Jain reflects on lessons learned from his immigrant parents, his early days on the trading floor, and his experiences at Credit Suisse and Millennium. He emphasizes the importance of building a diversified multi-strategy firm from first principles, focusing on talent acceleration and risk management. Jain also touches on the financialization of assets and the shift of risk-taking from banks to hedge funds and private credit. He shares his insights on capital allocation, collaboration, and competing on compensation, highlighting opportunities in fundamental equities, liquid credit markets, and arbitrage.