Anjelo Austria is a senior analyst at Center Lake Capital, New York. He made Forbes’ 30 Under 30: Finance list in 2020.
Here we take a look at his career in more detail, as part of our Traders To Watch series.
Where did Anjelo Austria go to college?
Anjelo Austria studied for a Bachelor of Arts/Science at Darmouth College. He majored in economics and sociology, and minored in government.
He was made class officer in 2012, and played for the college lacrosse team.
Where did Anjelo Austria work before joining Center Lake Capital?
Before joining Center Lake Capital, Anjelo Austria was an equity research associate at Morgan Stanley, specialising in enterprise software. Here he worked for Keith Weiss in his software equity research team.
What is Center Lake Capital?
Center Lake Capital is a hedge fund specialising in software stocks. The fund returned 76% in 2018, and in 2019, it had $350 million under management.
Since its founding in 2014, Center Lake Capital has compounded at about 24% net of fees.
The fund is run by Adam Parker, and has a large focus on the software sector. Mid-cap enterprise software providers are particularly attractive to the fund, because they have high growth potential, high gross margins and low capital expenditures.
Big winners have included investments in Coupa Software, a 150% gain by software maker Okta, and a 182% surge in software company MongoDB.
What else does Anjelo Austria do?
Anjelo Austria has been a board member of the Next-Gen Initiative. This organization works to ensure students in New York public schools have equal access to college.
He has also been a member of the Philippines national lacrosse team.