Maverick Capital Closes Maverick Growth As Private Valuations Plunge [Exclusive]

In July of last year, Maverick Capital launched a new fund, Maverick Growth, to capitalize on opportunities in private markets. The Tiger Cub fund, headed by Lee Ainslie III, has become a substantial investor in private markets and is looking to increase exposure. According to the firm’s fourth-quarter and full-year letter to investors, a copy of which ValueWalk has been able to review, Maverick Growth will have its final close at the end of this quarter. The firm believes this is an advantageous time to close the fund as the opportunity set appears to be “far more compelling” than it…