The Tiger Grandcub Who is Challenging Avis Budget

March 23, 2018   Stephen Taub

Karthik Sarma's SRS has posted double-digit gains in four of the past five years.

Little-known hedge fund firm SRS Investment Management is locked in a contentious activist battle with Avis Budget Group. In February SRS, headed by Tiger Grandcub Karthik Sarma, nominated five directors to the board of directors of the car rental giant, …

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