How evolving technology and sheer grit gave one Tribeca alum a shot on his own
By Carolyn Sargent
When Citi decided to shut down Tribeca Global Management last year, Sam Barai's top-performing technology subfund was one of the casualties. But the closure didn't deter him. By April, Barai had garnered enough big-name backers to begin trading a new long/short tech vehicle, Barai Capital Fund. Then he suffered another setback. Launched into a topsy-turvy market, the fund lost 2% in its first four months - a decline that puts it slightly behind the Absolute Return Technology Index and the Nasdaq Composite.
Such obstacles are merely minor irritants for a man who has faced much greater adversity in his 36 years. Born 96% deaf with a bilateral neurosensory hearing loss, Barai was able to form his own firm not only because he has proved a gifted investor - Barai is seeded by...