Tigers ... together?
Wed Jul 30, 2008
The success of the offspring of Julian Robertson’s Tiger Management continues to raise the question: Are they all in the same positions? After all, the 70-odd funds account for 11% of global equity hedge funds.
offspring of Julian Robertson's Tiger Management genius
investors or just buying the same stocks?
By Julie Dalla-Costa
Famed alumni of Julian Robertson's Tiger Management, as well
as the numerous funds he seeds through a platform he started
after closing his hedge fund shop in 2000, are haunted by one
issue: "The persistent view is that we all own the same
stocks," says Philippe Laffont, who left his role as telecom
analyst at Tiger in mid-1999 to start his own firm, Coatue
Last year's lofty returns by many of the 70-some-odd members
of the extended Tiger family raised the collaboration issue -
and a few eyebrows - once again. Like Coatue, which returned
51.5% to investors last year and now has $2.5 billion, many
Tiger funds profited from their tech holdings in Google, Apple,
RIM, Qualcomm and Baidu.com. Others, including Robertson
himself, were among the coterie of hedge...
ISSN: 2151-1845 / CDC10004H
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