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.
Nope, just checked internally, and I still don’t give a shit.
Too Tiger, didn’t Cub
what’s a shumway? 2 or 3 lbs?
*chirp, chirp*
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.
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.
Up 43 percent on the year here. Sorry viking fags
@4 – Step Off.
Thank you for your patience that you’ve put it in uploading