Formerly known as Falcon Edge, Alpha Wave is a global investment firm distinguished by its three primary verticals: private equity, private credit, and public markets. Falcon Edge was established in 2012 and maintains offices in major financial hubs including New York, Miami, London, Monaco, Madrid, Abu Dhabi, Tel Aviv, Bangalore, and Sydney.
Richard Gerson founded Falcon Edge Capital in 2012 alongside Navroz D. Udwadia and Ryan Khoury. Falcon Edge Capital, a global long/short equity hedge fund, launched with $1.2 billion in assets. Rick Gerson previously interned at Julian Robertson's Tiger Management and was a founding member of Blue Ridge Capital. Navroz Udwadia and James Minshull both worked at Eric Mindich's Eton Park Capital prior to joining Falcon Edge. Notably, Falcon Edge Capital achieved a 28% return in 2013.
Alpha Wave Global manages discretionary assets totaling $5,787,505,333, as reported in their Form ADV dated March 29, 2024. Serving 20 clients, the firm's Q1 2024 13F filing disclosed $336,123,809 in managed 13F securities, with a significant top 10 holdings concentration of 90.96%. Notably, Alpha Wave Global's largest holding is LENZ Therapeutics Inc., with 3,612,211 shares held.