Viking Global to close to new investments

By Lawrence Delevingne

Thu Nov 10, 2011



Allocating to short positions had become more difficult as the firm’s assets increased.


   
  Andreas Halvorsen (Photo: Matthew Staver/Bloomberg)
Andreas Halvorsen's flagship long/short equity fund, Viking Global Equities, is closing to new investments because its ballooning size is impacting its traditional investment strategy, according to people close to the firm.

The fund managed $13.4 billion as of October 31, up 9.6% for the year. Part of that...

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