The magic touch that Julian Robertson once had seems to be fading, as the 83-year-old billionaire founder of Tiger Management, spawn of the well-known “Tiger Cub” hedge funds, is winding down some of his more recent fund ventures, Lawrence Delevingne of Reuters reports. North Carolina closes fund of funds backed by native Robertson Tiger Tar Heel, one of three hedge fund ventures Robertson started in 2010, was closed this spring, the report noted. Robertson, a North Carolina native whose alma mater was the University of North Carolina at Chapel Hill, created the hedge fund at the request of the North…
Julian Robertson-backed Fund Closes As Investor Interest Fades
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.