Maverick's Pausic Plans Hedge Fund

Apr 4 2013 | 11:23am ET

Maverick Capital's top media and telecommunications manager will leave the firm to launch a hedge fund of his own.

Michael Pausic has returned to Charlottesville, Va.—where he met Maverick founder Lee Ainslie at the University of Virginia—to start the new firm. While he'll resign his partnership at Maverick, Pausic will remain close to his employer of 16 years, with other Maverick partners making a significant investment in Pausic's new endeavor.


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