Rajesh Sachdeva was lucky enough to be between firms when
financial markets collapsed, but his new venture, Flowering
Tree, is ready to pick up some bargains after the turmoil
Being on the sidelines is rarely where a hedge fund manager
wants to be, but for much of last year Rajesh Sachdeva was
happy to be between his previous venture and his latest one.
There were plenty of lessons to be learned, but he was
fortunate not to have to learn them the hard way. "I was in a
unique position of watching two trains collide, while not being
on either of them," he says.
Sachdeva co-founded Sansar Capital in 2005, and by the time he
left the firm in 2008 it had assets under management of more
than $3 billion. The financial cushion that business venture
gave Sachdeva enabled him to sit out the market last