Conviction in motion
There is a particular kind of strategist who does not wait for the world to come to them. They go to it—relentlessly, deliberately, with a clarity of purpose that makes the movement feel less like travel and more like work expressed in its most essential form. Vaanyasri Goel, Chief Strategy Officer of PACE 360 and Chief Investment Strategist of the PACE Family Office, is that kind of strategist. Recognized as The Most Strategic Investment & Asset Management Leader to Watch, she has built a reputation for connecting global capital with long-term opportunities through insight, conviction, and an unwavering commitment to investor relationships.
My job is to make sure that wherever serious capital is thinking about India, PACE 360 is already in the room. That is not something you can do from one desk.
PACE 360 manages capital for ultra-HNWIs, family offices, NRI investors, and corporate treasuries across more than thirty countries. It is a client base built not through advertising but through the slow, compounding accumulation of trust—the kind that only forms when someone is genuinely present, in the room, willing to have the difficult and honest conversations that define a long-term advisory relationship. Growing and deepening that network globally is Vaanyasri’s mandate. She takes it seriously in the most literal sense: she is constantly on the move, meeting investors, keynoting at family office summits, briefing NRI communities, and carrying the firm’s macro philosophy into every capital corridor in the world where India’s growth story deserves a hearing.
The name PACE 360 was always meant to signify completeness—a full-circle view across every asset class, every market cycle, every investor type. Vaanyasri Goel has made the 360 operational: a global network in continuous motion, built relationship by relationship, across every corridor where the next generation of Indian investing will be decided.
The framework behind the movement
To understand why Vaanyasri’s global network-building matters, you need to understand what she is carrying into every room she walks into—because the investment philosophy at the heart of PACE 360 is not a product brochure. It is a thirty-year intellectual system that has outperformed across every market cycle in modern Indian history.
In 1995, Amit Goel—PACE 360‘s Co-Founder and Chief Global Strategist, and Vaanyasri’s father, and his brother Atul secured membership on India’s newly formed National Stock Exchange. While most early NSE members focused on execution, Amit, shaped by the intellectual rigour of Shri Ram College of Commerce and FMS Delhi, built something entirely different: a systematic Macro Top-Down Multi-Asset framework that begins with the global economy and works downward through asset classes, sectors, and individual securities. It was, and remains, one of India’s first institutionalised approaches to macro investing.
The distinction matters—especially when Vaanyasri Goel explains it to a family office chief investment officer in Dubai who has been told all her life that India means equities. Amit’s framework starts not with companies but with the world: where is global liquidity flowing? What are central banks signalling? Which economies are accelerating, which are decelerating, and what does that mean for asset classes? Only after these questions are answered does the framework arrive at specific instruments.
The result, across three decades, is a performance profile that stands apart: portfolios with low correlation to any single asset class, lower standard deviation than equity-only strategies, and consistent compounding through market cycles that destroyed more conventional approaches. The 2008 global financial crisis, the 2013 taper tantrum, the 2020 pandemic shock, and the 2022 rate shock—each event validated the framework’s core premise that macro discipline protects capital when conviction in individual names cannot. Bloomberg, The Economist, CNBC, Business Today, ET Now, and ZEE Business have all sought Amit’s analysis on global macro cycles and asset allocation.
This is what Vaanyasri Goel brings into every client conversation, every conference room, every NRI investor briefing across the globe. Not a pitch deck. A philosophy that has earned its credibility through lived market cycles—and a personal conviction, built watching her father navigate each of those cycles from childhood, that the framework is right.
The family office: skin in the game
Behind PACE 360’s client-facing business sits something that most investment firms cannot claim: a proprietary book of capital that operates by the same rules, the same philosophy, and the same macro discipline as every client portfolio the firm manages. The PACE Family Office—led by Vaanyasri Goel as Chief Investment Strategist alongside Amit Goel—is not a legacy holding structure or a passive endowment. It is a live, actively managed multi-asset portfolio that accounts for approximately three percent of the National Stock Exchange’s daily turnover on its own. That is not a client book. That is the family’s own capital, deployed through the same framework, in the same markets, at the same time.
The significance of this is structural, not cosmetic. In an industry where the gap between what advisors recommend and what they personally hold is rarely discussed, PACE 360’s alignment is complete. The Goel family invests where the framework tells them to invest—the same macro signals, the same sector rotations, the same risk-first construction that defines every client mandate. When Amit Goel rotated aggressively into equities in October 2024, the family’s own capital moved with it. There is no separate set of rules for the house.
Vaanyasri’s role as Chief Investment Strategist of the Family Office is not ceremonial. She leads the macro-customised strategy creation process for the proprietary book—designing and refining investment mandates that reflect the family’s specific risk appetite, generational time horizons, and strategic objectives, while maintaining full alignment with the client strategies running in parallel. Every strategy she builds for a client begins from the same intellectual foundation she applies to the family’s own capital. This is what genuine skin in the game looks like in practice.
We do not separate what we believe from what we invest. The family office is in the same trades as our clients. That alignment is not a talking point—it is how we make decisions.
The PACE Family Office is also the laboratory where the next generation of PACE 360’s investment capability is being tested. It is here that Vaanyasri Goel is leading the firm’s most forward-looking strategic move: a significant expansion into private markets and secondaries.
Private markets and secondaries: the next frontier
As public markets grow more efficient and correlated, the alpha opportunity has increasingly migrated to private markets—private equity, private credit, venture capital, and the secondary market for existing private positions. Institutional investors globally have understood this for over a decade. India’s most sophisticated family offices are only now beginning to build the infrastructure to access it systematically.
Vaanyasri Goel is leading PACE 360’s entry into this space with the same macro-first discipline that defines the firm’s public market approach. The strategy is not to chase the private markets trend—it is to apply the same top-down framework to identify which sectors, geographies, and vintage years represent genuine macro-driven opportunity. Private credit in India’s infrastructure build-out. Secondary positions in global technology at compressed valuations. Venture exposure to India’s AI and deep-tech ecosystem, where the macro tailwinds are among the strongest in the world.
The secondary strategy is particularly distinctive. Secondary markets in private equity—where existing LP positions are bought and sold—offer the ability to access institutional-quality private portfolios at discounts, with compressed J-curves and immediate diversification. As a next-generation strategy for a family office with a multi-decade investment horizon, secondaries represent exactly the kind of asymmetric, macro-disciplined opportunity that the PACE framework was built to identify.
As with everything PACE 360 does, the family office invests first. The private markets and secondaries positions being built in the proprietary book today are the proof of concept for the strategies that will be offered to the firm’s UHNWI and institutional clients next.
When the framework speaks, the portfolio moves
The most compelling argument for PACE 360’s global client relationships is not a marketing document. It is six months.
October 2024. Indian equities were in free fall. Foreign institutional investors pulled out more than ₹75,000 crore in a single month—a pace of outflow not seen in years. Midcap and small-cap stocks, which had defied gravity through much of the year, were capitulating. Financial media was a wall of red. The consensus among most portfolio managers: wait for clarity, sit on your hands.
Amit Goel did the opposite. His multi-asset portfolios had entered September with just one percent equity exposure—an extraordinarily defensive posture that had already protected client capital while peers were being mauled. The macro signals had been building for weeks: yield curves were signalling a shift in the rate cycle, duration in fixed income had run its course, and the risk-reward in bonds had compressed to the point where the framework demanded a rotation out. Now, as equity panic deepened and valuations compressed, the signal was unambiguous. Amit began buying aggressively—simultaneously exiting duration positions in fixed income and rotating that capital into equities. Within weeks, equity exposure surged past seventy percent.
On Business Today TV, he was characteristically direct: he had avoided the Hyundai IPO—India’s largest that year—and was loading up on beaten-down banking, defence, railways, and PSU stocks, with a hard rule: nothing above a P/E of 30. The consensus trade was to hide in bonds and quality. His framework told him to exit duration and rotate into fear.
What followed over the next six months—from October 2024 through April 2025—validated every element of the call. The equity rotation compounded as the macro environment shifted in precisely the direction the framework had anticipated: rate expectations adjusted, domestic flows resumed, and the sectors PACE 360 had bought at distressed valuations recovered sharply. The simultaneous exit from fixed income duration protected the portfolio from the bond market volatility that followed. From a single, disciplined macro read, the portfolio had moved from near-full capital preservation to near-full equity deployment—and back to a measured, post-rally position—across a six-month arc that most multi-asset managers never completed.
For Vaanyasri, this six-month sequence is not just a portfolio story—it is the most powerful conversation she can have in any room, with any investor trying to understand what makes PACE 360’s multi-asset approach structurally different. The framework does not predict events. It is built to outperform regardless of them. That is the argument she carries across continents, and October 2024 to April 2025 is the proof.
When I walk into a room with a global family office CIO or an NRI investor, I am not selling a strategy. I am sharing a thirty-year track record of process discipline. That conversation changes completely when you can walk them through what happened between October 2024 and April 2025.
Building the global architecture
The constant movement is not its own end. It is the front line of a deliberate, multi-year architecture that Vaanyasri Goel is constructing to make PACE 360 institutionally accessible to every class of global investor that wants exposure to India’s macro story.
Multi-jurisdiction fund platforms — and the global partnerships that follow
PACE 360 is building fund platforms across Mauritius, the UAE, and Delaware—each jurisdiction purpose-designed for a distinct investor profile and regulatory context. The Mauritius structure enables efficient access for global institutional capital through DTAA frameworks. The UAE platform serves the Gulf’s deeply embedded Indian diaspora and entrepreneurial wealth community. The Delaware entity is the gateway for US-based NRI investors seeking structured, institutional-grade exposure to India’s macro story through PACE 360’s PMS and Global Hedge Fund offering.
But the platforms are only the foundation. What PACE 360 is building around them is something rarer: strategic partnerships with some of the world’s largest family offices and institutional endowment funds—global capital allocators drawn not to India as a geography, but to PACE 360’s Macro Top-Down philosophy as a genuinely distinctive investment framework. In a world where most asset managers chase the same themes, the same benchmarks, and the same consensus trades, PACE 360 is positioning itself as a pioneer: the firm that has been applying systematic, AI-enabled macro discipline to Indian multi-asset investing for three decades, before it became a global talking point.
This is the Capital Follows Conviction thesis made institutional. The world’s most sophisticated allocators—endowments managing generational academic assets, family offices stewarding multigenerational wealth—are not looking for another India equity fund. They are looking for uncorrelated, macro-disciplined, process-driven return streams that hold their own in any market regime. PACE 360’s multi-asset framework, with its documented ability to rotate dynamically between equities, fixed income, and alternatives based on live macro signals, offers exactly that: risk-adjusted alpha that is structural, not cyclical—derived from a process stress-tested across every major market dislocation of the past thirty years.
Driving this entire proposition is PACE 360’s core differentiator: the AI-Enabled Macro Engine. Tracking over 200 economic variables in real time—yield curves, credit spreads, central bank forward guidance, currency flows, commodity positioning, and behavioural sentiment indicators—the engine does what no human analyst can do at scale: it holds the entire global macro picture simultaneously, surfaces the signals that matter, and translates them into portfolio action with speed, consistency, and full auditability.
For a family office CIO in Singapore or an endowment investment committee in London, this is the proof point that shifts the conversation: not a track record presented on a slide, but a live, systematic, explainable process that can be underwritten. In today’s institutional environment—where allocators face increasing pressure to demonstrate process rigour—the Macro AI Engine is not simply a competitive advantage. It is the reason PACE 360’s story is one that global capital is beginning to follow. We are not reacting to the macro story. We are driving it.
The NRI, family office, and endowment network
Growing PACE 360’s global client base across NRI investors, family offices, and endowment funds is not incidental to Vaanyasri’s role—it is the mission. The Indian diaspora in North America, the Gulf, Southeast Asia, and Europe represents some of the most sophisticated investors in the world: professionals, entrepreneurs, and wealth stewards with deep contextual knowledge of India’s economy and capital specifically earmarked for its growth story.
Alongside them, global family offices and endowment funds are increasingly recognising India not as an EM basket trade but as a standalone macro allocation—one that demands a framework equal to the sophistication they apply to every other allocation in their portfolio. Vaanyasri’s global network serves both communities. Her fluency in both the macro framework and the institutional language of global capital markets—shaped by years at BlackRock, Duff & Phelps, and Accenture—is what makes the conversation credible in every room she walks into.
The AI-enabled macro engine
At the core of what PACE 360 delivers to its global client base is the AI-Enabled Macro Engine that Vaanyasri Goel has championed—a system tracking over 200 economic variables in real time: yield curves, credit spreads, central bank forward guidance, currency flows, commodity positioning, capital account data, and behavioural sentiment indicators. The engine generates dynamic risk signals that compress the time between macro observation and portfolio action—and, crucially, creates an auditable, repeatable decision trail that institutional clients and regulators in every jurisdiction demand. It transforms a thirty-year intellectual system into an institutional-grade, globally legible product.
Tresor Smart Alpha: India’s macro story in a global format
The product Vaanyasri Goel has designed to carry the macro framework to a global investor audience is Tresor Smart Alpha—an ETF-based PMS strategy that applies Macro Top-Down philosophy through systematic sector-rotation logic. It identifies undervalued sectors and structural themes in India’s economy, rotating capital across sectoral and thematic ETFs with disciplined entry and exit criteria. Defensive when excess pervades; decisive when value emerges. The ETF format is deliberately chosen: it is the language that institutional allocators, NRI investors with US-based advisors, and global family offices already speak. It is how thirty years of Indian macro conviction becomes a holding in a global portfolio.
Womenrise: the second expansion
The global network Vaanyasri Goel is building is not limited to institutional capital corridors. There is a second expansion underway—one that reflects the same conviction that the best investment opportunities are the ones the market has structurally overlooked.
Women in India represent one of the fastest-growing investor segments in the country—through professional careers, entrepreneurship, inheritance, and life-stage transitions that conventional financial planning has rarely addressed. WomenRise—launched in early 2025 on International Women’s Day—is PACE 360’s institutional response: dedicated investment strategies calibrated to women’s specific risk profiles and planning horizons, advisory frameworks built around listening rather than product-pushing, and financial literacy programmes designed to build lasting market confidence.
For Vaanyasri, WomenRise is not separate from the main business. It is the same macro discipline applied to a market that traditional finance has systematically underbuilt for. The firms that construct genuine infrastructure for women investors now—not marketing campaigns, but real products and real frameworks—will hold a structural competitive advantage as India’s demographic shifts accelerate.
Alongside her twin sister Vrinda, Vaanyasri Goel also co-founded Rise for Refugees – Project Taezia, which applies the same compounding logic to human capital: vocational training, micro-savings programmes, and financial literacy for refugees and migrant women globally. The initiative reflects a conviction shared across the Goel family—that capital, whether financial or human, compounds best when it is broadly distributed.
The system behind the scale
To understand what PACE 360 is becoming, you need to understand the intellectual structure that powers it. This is not a conventional family firm with a founder and successors. It is a three-node system in which each node contributes something the others cannot replicate.
- Amit Goel—Co-Founder, Chief Global Strategist, CNBC macro commentator, Bloomberg contributor—is the framework’s originator and its deepest practitioner. Three decades of live macro investing on Indian capital markets represent a compounded judgment that no curriculum can reproduce. He is the source code.
- Vrinda Goel—Vaanyasri’s twin, Chief Alpha Strategist, graduate of IE Business School Madrid with a Master’s in Finance with distinction—runs the Multi-Factor Alpha Framework that translates macro signals into precise investable positions. Her models integrate valuation, momentum, and volatility factors to optimise position sizing and minimise drawdowns. Where Vaanyasri Goel thinks in systems and global strategy, Vrinda thinks in data and precision—a combination clients consistently describe as unusually powerful.
- Vaanyasri—trained across BlackRock, Duff & Phelps, Accenture, and Amgen—is the global strategist and network builder. Her role is to carry the framework into every capital corridor in the world, to build the institutional architecture that makes it accessible at a global scale, and to grow the NRI and institutional client base that will define PACE 360’s next chapter. She is the 360 in motion.
The productive tension between these three perspectives—macro architect, quantitative analyst, global strategist—generates outputs that no single viewpoint could produce alone. It is, in the most accurate sense, a firm that thinks across the full circle. The 360 is not a brand device. It is an operating model.
In conversation with Vaanyasri Goel
The following is drawn from our exclusive editorial interview.
TEW: You move constantly across geographies. Is global mobility a strategy or a necessity?
VG: Both, but I would say strategy first. PACE 360 has always had clients across more than thirty countries—that is not new. What is new is the deliberateness with which we are deepening those relationships and opening new ones. Our client base spans NRI investors in North America and the Gulf, global family offices and endowment funds who are now treating India as a standalone macro allocation, and institutional allocators across Europe and Southeast Asia who want genuine multi-asset exposure rather than an emerging-market index trade. None of those relationships exist unless someone is in the room. I am the person who is in the room. The movement is what makes the network real rather than theoretical.
TEW: What is the conversation like when you walk into a room with a global family office or endowment fund that is new to Indian macro investing?
VG: The conversation almost always starts with the same assumption I have to reset: that Indian investing means Indian equities. Our framework starts from a completely different place. We start with the global economy—where is liquidity flowing, what are central banks doing, and which asset classes benefit in this macro regime. We are not picking stocks. We are running a multi-asset portfolio that moves dynamically between equities, fixed income, and alternatives depending on what the macro signals tell us.
For a family office CIO or endowment allocator who is already holding global equities and developed-market bonds, that is a structurally uncorrelated value proposition. The October 2024 to April 2025 sequence is the case study I use most often—the full arc from one percent equity to seventy percent and back, driven entirely by process discipline and a decisive exit from duration in bonds. That is the conversation that opens doors.
TEW: The PACE Family Office accounts for roughly three percent of the NSE’s daily turnover on its own. What does that mean for how you run client strategies?
VG: It means the alignment is complete. The family office is not a passive holding structure—it is a live, actively managed book that runs the same macro framework, the same sector rotations, the same risk construction as our client portfolios. When we tell a client we are moving defensively or rotating aggressively, the family’s own capital has already made that move.
There is no version of our investment process where we recommend something we are not willing to hold ourselves. That is not a marketing statement—it is how the firm is structurally built. And it is what I mean when I say skin in the game. Every strategy I create for a client begins from the same foundation I apply to our own book.
TEW: You are leading the family office’s expansion into private markets and secondaries. Why now, and why those specifically?
VG: Because the macro environment has created a structural window that does not stay open indefinitely. In private equity secondaries specifically, you have institutional LPs rebalancing portfolios that were overweight private assets after the 2021 vintage—selling quality positions at meaningful discounts simply to manage their allocation ratios.
For a buyer with a long time horizon, genuine macro discipline, and the patience to underwrite properly, that is an extraordinary entry point. We are not chasing the private markets trend. We are applying the same top-down framework—which geographies are accelerating, which sectors have macro tailwinds, which vintages are attractively priced—to an asset class that most Indian family offices have not yet built systematic access to. The family office is doing it first. Client strategies follow once the framework is proven.
TEW: How does the Global Hedge Fund fit into your conversations with global family offices and endowment funds specifically?
VG: The Global Hedge Fund is the product that takes the same macro philosophy—the top-down framework, the multi-asset discipline, the risk-first construction—and delivers it in a format that speaks to institutional capital globally. Global family offices and endowment funds are sophisticated allocators who have built entire portfolios around long-horizon, uncorrelated return streams. What they are often missing is genuine India macro exposure through a process they can actually underwrite.
The hedge fund structure gives them that: a vehicle that sits within their existing institutional framework, with the auditable, systematic decision trail that their investment committees require, delivering the macro-driven multi-asset returns that PACE 360’s philosophy has generated across thirty years. The PMS is the right vehicle for NRI clients investing in Indian markets. The hedge fund is for the family offices and endowments that want the same conviction in a globally portable format.
TEW: WomenRise is one of the most distinctive elements of PACE 360’s offering. How do you position it in global investor conversations?
VG: As a market thesis, not a social initiative. I am very precise about this distinction. Women investors in India—and in the Indian diaspora globally—represent one of the fastest-growing pools of investable capital, and the financial services industry has not built for them. The risk profiles are different, the planning horizons are different, and the advisory relationship itself needs to be different.
WomenRise is our institutional response to a structural underservice in the market. When I talk about it to investors globally, particularly NRI women who are managing inherited or earned wealth and have not found an advisory model that actually fits, the response is immediate. It is the same intuition that drives all good investing: find the market the competition has missed, and build something real there.
TEW: What does the 360 in PACE 360 mean to you personally?
VG: It means completeness. Complete coverage of asset classes—we are not an equity house; we are a multi-asset firm. Complete coverage of investor types—UHNWI families, NRI investors, family offices, corporate treasuries. Complete coverage of geographies—our clients are on every continent. And for me personally, it means that the job of building PACE 360’s global presence requires being fully present everywhere the firm has relationships or wants to build them. You cannot put the 360 into a firm from one desk. You earn it by being everywhere the network needs you to be.
PACE 360 AT A GLANCE
| $2.6B+Assets Under Management | 300+UHNWI Clients | 30+Countries Served |
| 1995Founded | ~3%NSE Daily Turnover (PACE Family Office) | 200+Macro Variables Tracked |
Team includes former professionals from BlackRock, Kotak, HDFC, and Hinduja Finance. Three PMS strategies recognised in the Top 5 across all categories by PMS Bazaar (March 2024). Multiple ICRA and CNBC nominations as India’s best Investment Advisors.
The 360 in motion
The most successful investment firms in the world are built on two things that are easy to name and hard to combine: a world-class investment philosophy and a world-class distribution network. Most firms build one or the other. The ones that build both are the ones that define their era.
PACE 360 has the philosophy—thirty years of Macro Top-Down Multi-Asset conviction, proven through every major market crisis of the modern era. What Vaanyasri Goel is building, across every capital corridor she passes through, is the network. The NRI investor relationships across North America and the Gulf. The family office connections in Dubai and Singapore. The institutional allocators in global markets, who are only now beginning to understand that India is not a trade but a framework. The women investors—domestically and in the diaspora—are looking for an advisory model that was actually built for them.
This is what it means to put the 360 into PACE 360. Not a single hub with spokes radiating outward—but a full circle, continuously in motion, continuously expanding, with Vaanyasri Goel as the strategist who keeps it turning.
PACE 360’s philosophy has always been 360 degrees—every asset class, every cycle, every geography. My job is to make the network that surrounds it just as complete.
The world is increasingly interested in India’s macro story. The investors who will define the next decade of Indian capital markets are not all in Mumbai or Delhi. They are in Houston, Dubai, Singapore, London, and every city where the Indian diaspora has built wealth and is looking for a framework worthy of it. Vaanyasri Goel is the person making sure that when those investors look, they find PACE 360 already there.
