Robertson Seeds Ex-Norway Sovereign Fund Chief

Apr 16 2012 | 1:30pm ET

The latest Tiger cub is more like an artic fox.

Tiger Management has seeded a new hedge fund helmed by the former head of Norway's sovereign wealth fund. Tiger, headed by ur-seeder Julian Robertson, is backing Trient, an asset manager bought last year by Knut Kjær and Dag Løtveit.

New York-based Tiger will take a share of the fees earned by the new global macro hedge fund, the Financial Times reports, although precise details of the agreement were not available.

"Teaming up with Julian Robertson and Tiger gives us a flying start," Kjær told the FT.

Kjær helped set up and ran Norges Bank Investment Management, which oversaw some US$600 billion of Norway's pension and foreign exchange reserves. He left the group in 2008. Løtveit was global head of allocation strategies at the SWF.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of