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

Q&A: Executive Recruiter Talks Hedge Fund Closures, Hiring Trends

Dec 19 2014 | 6:58am ET

This year, hedge funds have been closing at a rate not seen since the financial...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

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.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.