Dr. Deepak Narula

(BT/EE/1985)

Dr. Deepak Narula is the Founder and Managing Partner of Metacapital Management, one of the most experienced hedge fund managers specializing in mortgage-backed securities (MBS) and structured credit investing. He has over thirty years of experience in this sector. As the Chief Investment Officer of Metacapital, he is involved in all aspects of the firm's overall development and investment strategy. He also serves on the Board of Directors at the Vedanta Society of New York.

He holds a B.Tech in Electrical Engineering from the Indian Institute of Technology, Kanpur (1985) and a Ph.D in Management Science from Columbia University (1989). In addition, he has taught courses at Columbia Business School. Prior to founding Metacapital in 2001, Dr. Narula was Managing Director and head of MBS trading desks at Lehman Brothers, building a highly profitable business for the firm. Previously, Dr. Narula worked in Mortgage Research and was Head of the Mortgage Strategy Group at Lehman Brothers until 1995. From 1993 to 1995, he was a ranked analyst on the Institutional Investor All-American research team for his work on MBS..

A leading figure in the MBS industry and widely regarded as an icon on Wall Street, Dr. Narula is frequently featured in major financial media including Bloomberg, CNBC, Barron's, The Wall Street Journal, and The New York Times. He has championed various philanthropic causes, including supporting Ph.D scholars at Columbia Business School, tech initiatives at IIT Kanpur, and invaluable work undertaken by the Ramakrishna Vivekananda centers in the U.S and India..

Honouring his stellar contributions in the fields of Financial Markets and Investment Management and Philanthropy, IIT Kanpur confers upon Dr. Deepak Narula the Distinguished Alumni Award 2025.