David E. Goel | |
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Born | 1970 (age 46–47) Toronto, Ontario, Canada |
Residence | Massachusetts |
Citizenship | United States |
Education | B.A. Harvard University |
Occupation | Investor |
Known for | Founder of Matrix Capital Management LLC hedge fund |
Board member of |
Phillips Exeter Academy Popular, Inc. |
David E. Goel (born 1970) is an American hedge fund manager. Goel is the managing general partner of Matrix Capital Management, which he co-founded with pioneering investor Paul Ferri in 1999. Goel is also a protégé of hedge fund manager Julian Robertson.
Goel was born in Toronto, Ontario, Canada and, though he is known primarily as a U.S. equity securities investor, he began his career as a Canadian citizen. He became a naturalized U.S. citizen in 2013.
A 1989 graduate of Phillips Exeter Academy and a 1993 graduate of Harvard University, Goel studied international relations and majored in government. After graduating university, he went to work as a financial analyst at Morgan Stanley & Co. in its High Technology Investment Banking division. From 1995 to 1996, he worked as a financial analyst at the multibillion-dollar private equity fund General Atlantic Partners. In 1996, he left General Atlantic to become an analyst and later partner at the storied Tiger Management, where he was mentored by Julian Robertson. Goel then began his own fund, Matrix Capital Management, in 1999. Thus, Goel is counted among the “Tiger Cubs,” a designation for former Tiger Management employees who started successful hedge funds.
Like other Tiger alumni, Goel is known for fundamentals-focused growth investing. The time horizons of Goel’s investments are typically long-term, and he has been quoted as saying that, when evaluating a stock portfolio’s performance, “I think in 10-year terms.” Goel’s investment strategy has been cited as an exemplar both of company-specific microeconomic research and for its use of market analysis, including DeMark Indicators.