Thursday, August 23, 2012

'Tiger Cub' Fund Manager Lee Ainslie Is Killing It This Year

Bloomberg News Katherine Burton reports that his ~$10 billion AUM long/short equity hedge fund Maverick Capital's biggest fund was up 20% through July. That's a huge comeback compared to the flagship fund's performance last year. 

In 2011, Ainslie's flagship fund was down 14.85%, Reuters' Katya Wachtel reported earlier this month. 

Ainslie, who previously worked at Julian Robertson's Tiger Management, helped start Maverick back in 1993....

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