Avala Global posts strong 2025 returns while losing more staff

Businessinsider has learned that Divya Nettimi's $2 billion hedge fund Avala Global lost additional personnel even as it returned 22.1% in 2025, according to the firm's year-end letter to investors. Three investment analysts — Jordan Straff, Nadine Lin, and Michael Wang — left in the second half of 2025, and the firm is set to lose two more senior executives in 2026: COO David Angstreich and top fundraiser Rebecca Chia, three people close to the firm said.

Straff previously worked at Bridger Capital, while Lin and Wang joined from Point72. Angstreich and Lin did not respond to requests for comment, Chia and Straff declined to comment, and Avala could not be reached about Wang. The firm hired onetime Viking Global general counsel Andrew Genser as in-house counsel last year and added at least four new analysts in 2025, including two end-of-year hires from private equity firm Clayton Dubilier & Rice; the letter highlighted the team's "depth and experience" but did not mention the departures or expected exits.

Last June, a report said a majority of Avala's day-one team had left, with some former employees citing a tense workplace environment they attributed to the top of the firm; Nettimi declined to address specifics but said she was confident in her team and in the process for finding and vetting new talent.

Key Topics

Business, Divya Nettimi, Avala Global, Jordan Straff, Nadine Lin, David Angstreich