• 19 May 2010 at 2:46 PM

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.

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Comments (9)

  1. Posted by Anonymous | May 19, 2010 at 3:03 PM

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

  2. Posted by BWIC | May 19, 2010 at 3:07 PM

    Too Tiger, didn’t Cub

  3. Posted by Anonymous | May 19, 2010 at 3:10 PM

    what’s a shumway? 2 or 3 lbs?

  4. Posted by Anonymous | May 19, 2010 at 3:14 PM

    *chirp, chirp*

  5. Posted by american bandersnatch | May 19, 2010 at 3:22 PM

    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. Posted by Anonymous | May 19, 2010 at 4:05 PM

    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. Posted by Anonymous | May 19, 2010 at 9:47 PM

    Up 43 percent on the year here. Sorry viking fags

  8. Posted by 1,000,000 Crickets | May 19, 2010 at 9:57 PM

    @4 – Step Off.

  9. Posted by Catalina Bechard | September 19, 2012 at 3:35 AM

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