SEC ADV filing, Bloomberg reporting on launch, Institutional Investor
Bobby Jain is the founder of Jain Global, a multi-strategy hedge fund launched in mid-2024 with approximately $5.3 billion in initial capital — one of the largest hedge fund launches in history.
Prior to founding his own fund, Jain was the co-chief investment officer at Millennium Management, where he oversaw a significant portion of the firm's portfolio across multiple strategy groups. Before Millennium, he held senior positions at Credit Suisse, where he was global head of equities, and at Deutsche Bank.
Jain Global employs a multi-manager platform model similar to Millennium, with multiple independent portfolio management teams. The fund launched amid enormous industry attention given Jain's track record and the scale of the initial capital raise. As a newly launched fund, its performance track record is still being established.