Hedge Funds

Templeton plans long/short strategy


Templeton Capital Management, the Chattanooga, Tenn., long/short equity shop founded by John Templeton's grandniece, Lauren Templeton, plans to begin trading a third hedge fund on October 1 that will follow investment strategies pioneered by the fabled value-oriented investor himself. Now retired, John Templeton founded a series of value-oriented global mutual funds that account for a substantial portion of what is now Franklin Templeton Investments.

 Lauren Templeton and her granduncle John

Lauren Templeton launched her hedge fund firm in 2001, when she was 24 years old, with $30 million in seed capital from her famous granduncle. The flagship