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’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.
(Photo: Matthew Staver/Bloomberg)
The fund managed $13.4 billion as of October 31, up 9.6% for
the year. Part of that...
ISSN: 2151-1845 / CDC10004H
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.