About
I'm a public equities investor, advisor and corporate trainer based in London, and the founder and Chief Investment Officer of Third Wave Capital.
Current work
Public equities investing
I founded Third Wave Capital and am its Chief Investment Officer. I invest in public equities, mainly in healthcare and technology. The work is about understanding business economics, what the market already expects, how management allocates capital and what could change the thesis.
Quantitative and systematic research
Separately from fundamental work, I research quantitative and systematic approaches to markets. The questions are mostly about evidence: whether a result reflects a real, repeatable effect, and whether it survives costs and realistic implementation.
Consulting and advisory
I work with businesses on financial modelling, valuation, commercial analysis and strategic decisions: turning operating assumptions into financial scenarios and helping teams compare commercial options. Where a transaction is involved, that includes independent analysis of valuation, deal structure and strategic options.
Corporate training
I deliver training in financial modelling, valuation, M&A, LBOs and AI in finance, from graduate programmes to sessions for experienced professionals. The aim is to help people move from building a model to interpreting it, challenging its assumptions and explaining a recommendation.
AI in financial analysis
I'm exploring where AI can make research and analysis more useful, such as reading faster, drafting first passes and testing ideas, while keeping source verification and numerical accuracy in human hands.
Speaking and writing
I speak on investing, capital allocation and AI in finance, and write 2nd Order Thoughts, essays and videos on markets, businesses and capital allocation. Explaining a complex idea plainly is part of all of this work.
Building
I founded L3VLUP for people building careers in finance and technology. It combines practical guides, modelling exercises, opportunity tracking and one-to-one coaching. Labs holds the software I have built, including Cove and Paperhawk.
Decision-making under uncertainty
Start with the decision
Establish what actually needs to be decided, and which information could change the answer. Everything else is context.
Make assumptions visible
Use models to examine the drivers, the trade-offs and the downside, rather than to produce a single number.
Understand incentives
Consider who benefits, who bears the risk and how behaviour might change once the decision is made.
Update with evidence
Distinguish a situation that is changing from a thesis that is failing. They call for different responses.
Learn from outcomes
Assess both the result and the reasoning behind it. A good outcome can follow a poor decision, and the reverse.
Background
My background includes Industrials M&A at Citi, Healthcare M&A at Rothschild & Co and public markets investing at Redline Capital Partners, covering long/short healthcare and technology equities.
That experience informs my work today, particularly how I assess businesses, challenge assumptions and translate analysis into investment and commercial decisions.
- Sectors
- Healthcare · Technology
- Disciplines
- Public equities investing · Quantitative research · Consulting and advisory · Corporate training · AI in finance
- Education
- BSc Accounting & Finance, University of Warwick (Warwick Business School)
Speaker biography
Surojit Chakraverti is the founder and Chief Investment Officer of Third Wave Capital, where he invests in public equities with a focus on healthcare and technology. Alongside fundamental equity research, he works on quantitative and systematic approaches to markets. He consults for businesses on financial modelling, valuation, commercial analysis and strategic decisions, delivers corporate training in financial modelling, valuation, M&A, LBOs and AI in finance, and speaks on investing, capital allocation and AI in finance. He writes 2nd Order Thoughts, essays and videos on markets, businesses and capital allocation, and founded L3VLUP, a career platform for finance and technology. His background includes Industrials M&A at Citi, Healthcare M&A at Rothschild & Co and long/short investing at Redline Capital Partners. He holds a BSc in Accounting & Finance from the University of Warwick (Warwick Business School) and is based in London.
Away from the desk
The Keep
Real-time strategy games, books on markets and decision-making, films and wildlife photography.