Anand Desai's Darsana takes shape

By Simone Foxman

Thu Feb 6, 2014


The former Eton Park partner's long/short equity fund is set to begin trading later this year.


   
   Anand Desai
(Photo: World Economic Forum)

Anand Desai, who led long/short equity, structured credit and derivatives investments at Eton Park Capital Management until his departure early last year, is prepping the launch of Darsana Capital Partners around midyear, according to people familiar with his plans. He has applied for a trademark for "Darsana," which is a Sanskrit term for "sight."

Desai will be joined by former Blue Ridge Capital Management managing director Christopher Golden and former Eton Park senior managing director Dan Irom, according to a person who has spoken with Desai, with both serving as senior portfolio managers.

Investors and service providers predicted the firm could raise sizable assets, with some mentioning $1 billion as a possibility.

Even in a year when new equities funds are expected to raise sizable assets, $1 billion is a daunting-but not unreasonable-number. One investor compared the...

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