At BlackSwan Capital, growth is never accidental. It is the result of disciplined execution, clear ownership, and a relentless focus on delivering when it matters most.

We are proud to announce the appointment of Narendra Gitay as Managing Partner of BlackSwan Capital — a milestone that reflects both individual excellence and the continued evolution of our firm.

A Well-Earned Step

Narendra currently serves as Head of Business Development APAC and Global Head of Commodities. Since joining BlackSwan Capital full-time in January, he has operated with a 24/7 mindset — fully committed not only to the business, but to the broader BlackSwan community.

His contribution has been defined by:

  • Outstanding commitment
  • Razor-sharp execution
  • Strong commercial judgment
  • A genuine all-in mentality

This combination is rare. At BlackSwan, it is what we recognize — and what we build on.

Strengthening the BlackSwan Platform

Narendra’s appointment is not only a personal milestone. It is a deliberate step in the structural development of BlackSwan Capital.

As we continue to scale, we are:

  • Broadening our decision-making platform
  • Expanding leadership capacity
  • Reducing operational concentration at the top
  • Further institutionalizing the firm

This evolution reflects our ambition to build a resilient, high-performance organization capable of executing complex transactions across markets and cycles.

Narendra will be jointly authorized to represent the company together with a second Managing Director, reinforcing both governance and execution strength.

Leadership Perspective

Martin W. Steininger, Senior Managing Partner & CEO of BlackSwan Capital, comments:

“Narendra embodies the core principles of BlackSwan — ownership, execution discipline, and intensity. His progression to Managing Partner is a natural consequence of consistent high-level performance. At the same time, it marks an important step in strengthening our leadership structure as we continue to grow.”

Stefanie L. Wurzer, Managing Partner & COO, adds:

“Beyond performance, Narendra stands out through his mindset. Reliability, consistency, and a collaborative approach combined with strong ownership make him a key pillar of the organization. His development within BlackSwan is both visible and well deserved.”

A Team-Driven Milestone

For Narendra, this step reflects not only individual progress, but the strength of the platform around him.

“I am grateful for the trust and recognition. This responsibility is both an honor and a strong motivation to contribute with even greater commitment and focus. What makes this milestone truly meaningful is the strength of the BlackSwan team — the collaboration, support, and shared ambition that drive us forward every day. I look forward to building the next phase together.”

Looking Ahead

BlackSwan Capital continues to evolve — not by chance, but by design.

When capital is critical, execution matters.

With Narendra stepping into the role of Managing Partner, we are reinforcing exactly that principle — and positioning the firm for the next phase of growth.


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