Hedge funders dominated Forbes’ most recent “30 Under 30” list for finance.
Twelve of them are on the 2017 list, including Michael Buckley, who works at Stanley Druckenmiller’s Duquesne Capital, and Anthony Massaro, who works at Bill Ackman’s Pershing Square Capital Management.
The list for finance was chosen by a pool of judges comprising Sonia Gardner, the cofounder of Avenue Capital Group; Thomas H. Lee, the founder of Lee Equity Partners; and Jennifer Fan, a portfolio manager at Millennium Management.
The acceptance rate to the list is under 4%, according to Forbes.
The twelve hedge fund staffers who made it to the list were: Anish Abuwala (29), Raja Bobbili (29), Michael Buckley (29), Ben Friedman (29), Dhruv Maheshwari (28), Anthony Massaro (29), Alex Nomitch (29), Daniel Rasmussen (29), Ben Solarz (29), Andy Stafman (29), Colter Van Domelen (29), and Franklin Zhao (29).
Abuwala, a portfolio manager at Caxton Associates, works with Joshua Berkowitz, who made his name as a trader working with George Soros. Abuwala started in the hedge fund business at Berkowitz's Woodbine Capital, and he moved to Caxton with Berkowitz and other former Woodbine colleagues. He graduated with a degree in finance and international business from New York University and has worked at Morgan Stanley, Lehman Brothers, and BlackRock, according to his LinkedIn profile.
Bobbili is an investment analyst at Abrams Capital, a Boston-based investment firm founded by David Abrams. According to Forbes, he manages "one of Wall Street's most concentrated and successful portfolios." He is a graduate of MIT and Harvard Law School and holds an MBA from Harvard Business School.
Buckley is an analyst dealing with global stock investing at Duquesne Capital, the hedge fund of investing legend Stanley Druckenmiller. He holds a bachelor's degree in applied mathematics from Harvard.
Friedman is a portfolio manager at CQS, a London-based asset-management firm, focused on investing in high-yield and distressed securities. According to his LinkedIn profile, he was previously a high-yield trader at Bank of America Merrill Lynch. He holds a bachelor's degree in political science from the University of Pennsylvania.
Maheshwari is a research analyst in the quantitative arm of hedge fund manager Steven Cohen's Point 72 Capital Management, according to Forbes. Previously, he was a vice president at Goldman Sachs Asset Management.
Massaro is a partner at Pershing Square Capital Management, where he, according to Forbes, is involved in the firm's investments in Mondelez and Chipotle. According to his LinkedIn profile, Massaro previously had a two-year stint with the investment-banking division of Goldman Sachs and holds a bachelor's degree in economics, finance, and accounting from the University of Pennsylvania.
Nomitch works as a stock trader at Viking Global Investors specializing in energy names, according to Forbes. Previously, he worked as an investment banker at Goldman Sachs' natural resources division. He is a double major in economics and mathematics from Dartmouth College, and he graduated with "nine academic citations: five in economics, two in mathematics and one each in computer science and chemistry."
Rasmussen is the founder of Verdad Fund Advisers, a fund that aims to deliver private-equity-style returns in the public market. He is the author of "American Uprising: The Untold Story of America's Largest Slave Revolt" and holds a bachelor's degree from Harvard and an MBA from Stanford. He previously worked at Bain Capital and Bridgewater Associates.
Solarz is a principal at the $6 billion hedge fund SPO Partners working on "technology, media and communications equities," according to Forbes. He is a Yale graduate who worked as an analyst in the Yale Investments Office before joining Blackstone and then the hedge fund Eton Park.
Stafman is a partner at Sachem Head Capital Management. He was earlier an associate at Silver Lake Partners, after graduating from the Wharton Business School with a degree in finance.
Domelen is a partner at Chase Coleman's Tiger Global Management, where he oversees technology investments "including billion dollar stakes in Amazon and Priceline," according to Forbes. He was previously "trained by Mary Meeker while a research analyst at Morgan Stanley," Forbes said, and he lists Morgan Stanley's Mobile Internet Report as a publication on his LinkedIn profile. He is a Duke University graduate in economics.
Zhao is a macro trader at Commonwealth Opportunity Capital. His "winning 2016 trades included a bet on US inflation, Yen rates, Eurozone stress and volatility in the Chinese yuan," according to Forbes. Previously, he was an options and fixed income trader at Deutsche Bank Securities. He graduated from Harvard majoring in physics.