Scout founders bemoan 2012 returns
By Lawrence Delevingne
Sat Feb 23, 2013
The $5.2 billion firm also announced a new president and the departure of its COO.
Scout Capital Management made money in 2012, but not enough to please its founders, James Crichton and Adam Weiss.
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| ||James Crichton (Photo: Bloomberg)|
"Our feelings about our performance this year are mixed. While we would not generally expect to pace the market in a strong up year like this, we would have expected to do somewhat better than the results we reported," the pair wrote in a letter to investors this month. "The overall conclusion is that the 2012 results...
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