30 Under 30 In Finance 2020: The Top Young Traders, Dealmakers and Financial Innovators

  • 📰 Forbes
  • ⏱ Reading Time:
  • 82 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The top young traders, dealmakers and financial innovators—meet the ForbesUnder30 Finance Class of 2020:

Naoki John Yoshida, 29, is a principal at Hellman & Friedman, a private equity firm with $45 billion under management. Yoshida specializes in software investments and quarterbacked the $11 billion acquisition of Ultimate Software earlier this year and now sits on its board. He previously was a board member of Kronos, another big software firm. He started out as a Morgan Stanley investment banker.

Paul Gu is a cofounder and head of product at Upstart, an online lender that helps people refinance credit card debt. It was valued at $750 million at its last financing round. Gu, 28, leads the 20-person data science team, which uses machine learning and unconventional data to assess borrower risk. Upstart’s model “approves 27% more applicants than the traditional model, and yields 16% lower average APRs for approved loans" according to a CFPB study.

Sam Bobley, 28, is cofounder and CEO of Ocrolus, a five-year-old fintech startup that uses machine learning to read paper documents. When lenders like OnDeck and Sofi evaluate prospective customers, they use Ocrolus’ technology to read people’s bank statements, speeding up the approval and on-boarding process. Ocrolus is bringing in revenue of nearly $1 million a month and was valued at $100 million in its May 2019 fund raise.

Moiz Khan, 29, is responsible for $1 billion of investments at Palestra Capital, a strong-performing $3.5 billion hedge fund. He focuses on financial technology and vertical software stocks. His recent winning trades include Fidelity National Information Services and Fleetcor. Khan has also had stints at Fir Tree Partners and Warburg Pincus.

Maximilian Fikke is a 28-year-old principal at BC Partners, helping to lead software and technology investments at the $25 billion in assets private equity firm. Fikke worked on important deals like the $3 billion acquisition of Chewy, now a public company worth $9 billion, Navex Global, where he is a board observer, and Suddenlink, now called Altice USA.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

To the woman in the picture. Soon or later shes going to say that someone outthere sexually assaulted. Because we all know she is a victim.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines