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

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...