Tiger Cubs Struggle In Volatile Year For Hedge Funds

When Julian Robertson closed his hedge fund, Tiger Management, around two decades ago, he couldn’t have predicted how successful his so-called “Tiger Cub” managers would eventually become. The so-called “Tiger Cubs,” proteges of the legendary Robertson, have become some of the key players in the hedge fund industry over the past two decades, with many of them producing market-beating returns. The next chapter In some respects, Robertson’s decision to liquidate his fund, and use some of the proceeds to fund start-up funds with his most promising portfolio managers and analysts, was perfectly timed. Tiger Management specialized in high-growth stocks and…