Hedge Funds

Viking founding partner Brian Olson departs from firm


Viking Global Investors founder Andreas Halvorsen has notified the firm's investors that founding partner Brian Olson is leaving the New York-based firm - leaving Halvorsen and David Ott, the firm's third founding partner, in charge.

In a September 7 letter, Halvorsen said that Olson, who had gone on sabbatical in May, would not be returning and that, as result, investors who wished to redeem would be let out of the fund without penalty, so long as they notified Viking by September 30. Such investors will receive their capital back on November 1.

It's unclear how many investors will