Viking Global to close to new investments
November 10, 2011
Lawrence Delevingne
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...
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.
Subscribe
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
Subscribe now