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Jain Global, the hedge fund founded by former Millennium CIO Bobby Jain, has hired a new portfolio manager ahead of its launch in July.
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Suraj Chopra, who has spent the past four-and-a-half years running his own hedge fund, Fourth Hill Capital, is believed to be joining the Jain platform. Fourth Hill, which had $652 million in assets under management and five investment employees, closed in January 2024, according to regulatory filings.
We wrote last week that Jain Global had assembled 20 portfolio managers. Bloomberg reported today that Jain has pledged $3 billion in assets to the new fund.
Neither Jain Global nor Chopra immediately responded to requests for comment.
Before founding Force Hill, a troubled fund with ties to Schoenfeld, Mr. Chopra spent nearly 18 years at Citadel.
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