Monday, 29 December 2014
Last updated 3 hours ago
Jul 21 2010 | 10:54am ET
Tiger Management founder Julian Robertson is taking steps to ensure the legendary hedge fund stays in the family.
Robertson promoted his son, Alex, to managing partner, and added a second new managing partner, John Townsend, who also takes over as chief operating officer. Both are charged with working with Julian Robertson to manage the Tiger funds and oversee the many Tiger “cubs” the firm has seeded.
“The opportunity to partner with Julian and Alex Robertson as we build this extraordinary investment management business is extremely exciting, especially at such an interesting time in the evolution of the hedge fund industry,” Townsend said.
Townsend succeeds Aaron Stern, who will remain a senior adviser to Tiger, as COO. He is currently a senior adviser to Stone Point Capital and a member of the Riverstone Group, and has worked at Donaldson Lufkin & Jenrette and Goldman Sachs over the course of a three-decade career in finance.
Alex Robertson has worked for his father’s firm for almost two years, joining Tiger after receiving his MBA from Stanford University.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.