People Moves

Tiger Management to set structure for seeds


Tiger Management, which moved from being a hedge fund to an informal hedge fund seeder some 10 years ago, has named John Townsend as chief operating officer. At the same time Julian Robertson’s son Alex Robertson has been promoted to managing partner with an eye towards both providing leadership and management to Tiger seeds.

A spokesperson for Tiger Management said it was too early to discuss the direction that the new positions will take Tiger into, although there has been widespread speculation that some formalised seed process may be implemented.

Townsend replaces Aaron Stern, who will continue working