Viking Global to close to new investments
November 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.
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| ||Andreas Halvorsen (Photo: Matthew Staver/Bloomberg)|
The fund managed $13.4 billion as of October 31, up 9.6% for the year. Part of that...
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