Robertson May Reopen Tiger As Seeding Firm

Jul 22 2010 | 1:47pm ET

Julian Robertson has seeded a fair number of hedge fund since walking away from his own legendary shop 10 years ago. But the 78-year-old may be taking that practice professional and may reopen the New York-based firm as a seeding operation.

Robertson shut down his hedge fund in 2000, and has spent the intervening decade seeding hedge fund managers that once worked for him, the so-called “Tiger cubs.” Tiger Management now manages only Robertson’s own considerable fortune.

Now, six weeks after the death of his wife of 38 years, Robertson is considering a comeback. Tiger may launch either a seed fund or a fund of early-stage hedge funds, The Wall Street Journal reports. Robertson this week promoted his youngest son to managing director and hired a new chief operating officer.

No firm decisions have been made. But Robertson himself seems more interested in remaining in the background and letting his son, Alex, and new COO John Townsend run the show.

“I’m engaged, but I have a lot of faith in them,” Robertson told the Journal. “I respect their judgment, which makes it a lot easier for me not to be on the scene.”


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note