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Vhayu Co-Founder Chadha Heads to Nirvana Financial

Chadha aims to enable the provider of technology for global hedge funds to take full advantage of available global market data while minimizing latency.

Nirvana Financial, a San Francisco-based provider of technology for global hedge funds, hired Tejpal Chadha as CTO and managing partner. Chadha joins Nirvana from Vhayu, the market technology vendor he cofounded in 1998.

"What I found so compelling about Nirvana was their vision of building a multi-asset-class global trading platform that bridges the two worlds of trading and portfolio management," says Chadha. By offering everyone within a hedge fund access to the same real-time information, hedge funds no longer need to depend on their prime or fund administrator to supply them with the data they need to stay ahead of the markets, he asserts. "A hedge fund will no longer have to feel that it is trading blind."

Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

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