Tyrian Investments is preparing to close their event-driven, long / short hedge fund, according to two sources close to the fund who spoke to ValueWalk on condition of anonymity. The fund was down in 2015 and off -15% in 2016 as of the third quarter, according to a source familiar with the fund. Update: Thursday afternoon the fund confirmed they are shutting down and provided ValueWalk their letter to investors. The fund was initially seeded by hedge fund luminary Julian Robertson, chairman of Tiger Management LLC, with nearly $1 billion in capital. The shuttering of Orlando Muyshondt’s investment research driven firm comes…
Tyrian Investments Shutting Down – Second Tiger Cub To Close Within Past 24 Hours
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.