Hedge Funds People Moves

Viking TMT portfolio manager Jim Parsons to depart


Tiger Cub and firm founder Andreas Halvorsen tells investors the decision was based on differences over how the firm is run.

   Andreas Halvorsen (Photo: Matthew Staver/Bloomberg)
Jim Parsons, a portfolio manager and management committee member of Viking Global Investors, is leaving the firm, according to a letter sent to investors yesterday by founder Andreas Halvorsen.

Nine-year Viking veteran Parsons’ decision to leave is due to differences he had with Halvorsen regarding the direction of the long/short equity shop. “We never like losing a team member, and when a respected partner cites differences in how we choose to operate the firm as one of his reasons for leaving, we pause and reflect,” said Tiger Cub