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.
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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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