News

May Proving to Be a Tough Month for Tiger Cubs

Following a “disappointing” first-quarter, an investor in Andreas Halvorsen’s Viking Global Investors tells us the firm’s main fund is down 5 percent for the month. It appears the departure David Ott, Viking’s co-founder and CIO, is not helping matters.

We’ve also been told that Shumway Capital Partners, another Tiger Cub that recently sold a stake to Goldman Sachs, is down 2.5 percent this month. Obviously, the markets have been in free fall so the downturn could be hitting funds across the board. Meanwhile, Elliot Associates, the distressed debt firm run by Paul Singer, was up 4.9 percent for the first-quarter, according to its latest investor letter.

9 comments
(hidden for your protection)
Show all comments

9 Responses to “May Proving to Be a Tough Month for Tiger Cubs”

  1. Anonymous says:

    Nope, just checked internally, and I still don’t give a shit.

  2. BWIC says:

    Too Tiger, didn’t Cub

  3. Anonymous says:

    what’s a shumway? 2 or 3 lbs?

  4. Anonymous says:

    *chirp, chirp*

  5. 3 other uninteresting facts that don’t make a story:

    The Union won the Civil War. Texas joined the Unites States. Canada is located north of the U.S.

  6. Anonymous says:

    I’m surprised that Shumway is down since they insider traded the shit out of GS in the hours before their SEC complaint came out. Just sayin.

  7. Anonymous says:

    Up 43 percent on the year here. Sorry viking fags

  8. 1,000,000 Crickets says:

    @4 – Step Off.

  9. Thank you for your patience that you’ve put it in uploading

Our Sites

  • Above the Law
  • How Appealing
  • ATL Redline
  • Breaking Defense
  • Breaking Energy
  • Breaking Gov
  • Dealbreaker
  • Fashonista
  •