User:ჯეო/George Kobiashvili

George Kobiashvili (გიორგი კობიაშვილი; born July 9, 1989) is a Georgian entrepreneur who operates in India. He is the CIO and president of Vanguard Hedge Fund. He has a personal blog on The Times of India.

Early life
George Kobiashvili was born on July 9, 1989, in Tbilisi, now the capital of Georgia. After graduating from #58 Public School, he was accepted into the best business school in Georgia, Caucasus Business School, with a government grant for a scholarship because of his high-grade results. Then he switched to the International Black Sea University. His involvement in business started when he was 15 years old when he started designing, printing, and distributing New Year's invitation cards to different small shops around the city.

While on his second course at university when George was 18 years old, he established an advertising company, Modern Advertising Studio, printing T-shirts, caps, and even branded watches for universities, which he then extended to other clients. A year later, at 19, he first started trading stocks. George started his investments with 3500 USD.

Current activities
In 2016, Kobiashvili switched to hedge funds. Before, it was just a small fund used to trade with his own funds. Day by day, the fund started getting investments from 3rd parties, and for 2019, the fund became focused on rising capital.

In 2021, Vanguard Hedge Fund opened satellite branches in New York City and Amsterdam, the capital of the Netherlands. The expansion to Mumbai is part of their global growth plan.

For 2023, he is managing 1.7 billion USD with offices in several countries. George Kobiashvili's Vanguard Hedge Fund expands to India and plans to invest USD 640 crore in Indian companies in FY 2023-2024, according to Bussines-Standart. According to the same agency, Kobiashvili's firm focuses on long-term investment plans in stocks of international corporations that operate on five continents all over the world and currently manages global portfolios worth more than Rs. 14,000 crore. In India, Vanguard Hedge Fund aims to invest 640 crores to help Indian companies raise over 16,000 crores in funds from investors based in the European Union and United States. He stated: ""The Indian market has incredible potential and is also not very saturated at this point in time. There is a massive scope for foreign financial institutions to help Indian companies and start-ups raise capital from global investors. That is why we think this is a great time for Vanguard Hedge Fund to expand to India. Our office is set up in the heart of BKC, and we are excited to work with diverse firms to help them secure funds that will fuel their growth!""