Saturday, 23 July 2016
Last updated 1 day ago
Jan 2 2014 | 1:55pm ET
Julian Robertson's unerring eye for investing talent paid big dividends for investors last year.
Tiger Management's $450 million Accelerator Fund, a two-year-old seeding fund that invests alongside Robertson, was up 22.6% last year through the middle of December. The fund invests in six hedge fund managers.
Many of the hedge fund world's luminaries got their start under Robertson at Tiger, and launched their own funds with his help. Robertson, who closed his hedge fund in 2000, has seeded about 40 so-called "Tiger cubs."