Hedge Funds People moves

Viking TMT portfolio manager Jim Parsons to depart

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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