You don’t often see “woman” and “hedge fund” in the same sentence, but when you do, you’re probably reading about Leda Braga.
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This year, Braga became the first woman to rank in the top 50 highest-earning hedge fund managers, an annual list from Institutional Investor’s Alpha magazine. Braga earned about $60 million in 2015, earning her the 44th spot on the list. Even more impressive: 2015 was her fund’s first year of operation (she launched it last January).
Braga’s fund, Systematica Investments, manages about $10.2 billion in assets as of March 2016. The firm is a computer-driven spin-off from BlueCrest Capital, where the Brazilian-born Braga spent 14 years, most recently as its president and head of systematic trading. Looks like the move was a good one: She’s now reportedly managing more money her former employer.