Hiren Ved - Director & Chief Investment Officer (CIO)

Hiren Ved, an equity market veteran, co-founded Alchemy Capital Management in 1999. He is the Director & CIO at Alchemy Capital Management, where he leads the firm’s Asset Management business. With his experience and expertise, Hiren has developed a sustainable long-term investment philosophy based on fundamental research that has helped deliver long-term returns for clients.

Hiren’s journey in the equity markets began in 1991 when he started working with KR Choksey & Co., a sell-side firm known for its value investment approach. Starting as an analyst, he gradually rose to become the Head of Research, building a strong foundation in bottom-up research. Witnessing various cycles of Indian markets, Hiren firmly believes in long-term investment strategy.

In 1994, Hiren joined Prime Securities, an Investment Bank, where he served as an investment analyst and subsequently became the Head of Equities, overseeing both listed and private equity investments within the investments of the internal treasury in both the listed and private equity space.

With over three decades of experience in the Indian equities market and public market investments, Hiren has a long track record of alpha generation over 20 years. He possesses deep and diverse knowledge across sectors and is known for his bottom-up research and stock-picking skills.

He holds a graduate degree in Accounting from Mumbai University and a post-graduation in Management & Cost Accounting from The Institute of Cost Accountants of India.