Fact file: Maverick


Founded: 1993

Majority owner: Lee Ainslie III

Assets under management: $7.5 billion

Flagship Fund: Maverick Fund USA Ltd.

Strategy: Hedged long/short with a net long bias, investing predominantly in U.S. stocks but also in European, Asian, and Latin American equities.

Performance: 20% annualized (03/95-04/03)

Other funds:

Maverick Levered Partners, L.P.

Strategy: Invests in same long/short equity portfolio as Maverick Fund USA but employs a 2-to-1 leverage mechanism.

Performance: 33.5% annualized (03/95-04/03)

Offices: New York, Dallas, Plymouth Meeting, PA