Tiger rolls out next generation

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Julian Robertson's reincarnated Tiger business is rolling out a new range of managers - many of whom have little or no connection with the old Tiger operation - in a sign that the incubator is moving to a new, more mature phase.

Among the latest funds are WRA Investment Partners, a multi-strategy fund with a macro-style run by William Araskog, formerly at Lazard Frères, Eastern Advisor run by former Kingdon Capital man Scott Booth, and Axial, a global long/short equity fund run by Eliav Assouline.

A number of old-time Tiger analysts are still rolling out products including Patrick McCormack, who