Steve Mandel Steps Down With One Of The Best Hedge Fund Records Ever

Last month, another of Julian Robertson’s infamous Tiger Cubs exited the hedge fund industry. Q4 hedge fund letters, conference, scoops etc Steve Mandel stepped down from his position managing Lone Pine Capital, the hedge fund he started after leaving Tiger Management in 1997. Mandel was employed initially by Robertson as a consumer analyst for Tiger Management after a six-year run at Goldman Sachs, where he worked as a retail analyst. Since setting up Lone Pine in 1997, Mandel has consistently produced market-beating performances for the fund’s investors putting him in the ranks of some of the top hedge fund managers…