Deepak Narula
Founder, Metacapital Management
Deepak Narula is the founder of Metacapital Management, a fund management company specializing in mortgage backed securities. Metacapital launched its current flagship Mortgage Opportunities Fund in July 2008. A prior fund, the Metacapital Fixed Income Relative Value Fund was launched in January 2002. After five years of successful performance, Metacapital unwound this fund and returned investor capital in 2007 due to lack of investment opportunities.
Prior to launching Metacapital, Deepak was a Managing Director and head of two mortgage backed securities trading desks at Lehman Brothers. Deepak joined Lehman in 1989 and worked in mortgage research and strategy until 1995, when he was the head of the strategy group. From 1993 to 1995, he was ranked on the Institutional Investor All-America research team for his work on mortgage backed securities. In 1995, he moved to trading mortgage backed securities and stayed at Lehman in that capacity through 2000.
Deepak holds a Ph.D. in Management Science from Columbia University (1989) and a B.Tech. in Electrical Engineering from the Indian Institute of Technology (IIT) Kanpur (1985). In addition he has taught courses at Columbia Business School, New York.
