Launches & Closures Hedge Funds

Tiger Management launches co-seeding fund


The Tiger Accelerator Fund, which seeks to raise $450 million, gives outsiders the opportunity to invest alongside Julian Robertson

 Julian Robertson

Julian Robertson is reopening Tiger Management to outside investors for the first time in more than a decade, a move that has been anticipated since last summer. The firm is attempting to raise money for the Tiger Accelerator Fund, a co-seeding vehicle that gives investors a piece of the fee revenue and performance at a group of six Tiger-seeded hedge funds.

The group of funds already has more than $230 million in seeding from Robertson, and the Accelerator Fund is attempting to raise more than $450 million this summer, according to a March 2011