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Those Touched By Julian Robertson Are Not Losing Their Touch

The majority of Tiger Cubs are still in it to win it.
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A small sample of the great Tiger pack.

So a few of Julian Robertson’s protégés have followed in the old man’s footsteps, shutting their hedge funds and joining J-Robs on the links, or in his campaign to put porkers in stocks. But it is of the highest importance that you not become alarmed. These pensioned Tiger Cubs are only a small fraction of the herd who have become weary of success; there are plenty left, roaming Park Avenue to devour unsuspecting market opportunities and low-fat, low-carb snacks.

Julian Robertson and his Tiger Management are famous for producing a slew of highly successful hedge fund managers. More recently though, the famed investment family has been in the news for firms shutting down, including Cascabel Management earlier this week and at least six others over the last three years…."Yes, a few people have left the business, but it's no trend. People have been predicting the downfall of Tiger for years. That's a bad bet to make," said Bill Richards, a former senior hedge fund relationship manager at UBS who has worked with Robertson and the Tiger family of funds since 1983….

Tiger has seeded about 50 firms overall; of the 27 that it remains invested in, many still work out of Tiger's headquarters at 101 Park Ave. in New York and have combined assets of $31 billion, according to a person familiar with the situation.

A streak of ‘Tiger’ hedge funds have shut, but it’s no trend [CNBC]


Julian Robertson Made Mitt Romney An Offer He Could Refuse

And did! (Next time think about throwing in a tutorial on not letting The Man make you his bitch and some tales from the crypt to sweeten the deal.) Not long after Mitt Romney dropped out of the presidential race in early 2008, a titan of New York finance, Julian H. Robertson, flew to Utah to deliver an eye-popping offer. He asked Mr. Romney to become chief executive of his hedge fund, Tiger Management, for an annual salary of about $30 million, plus investment profits, according to two people told of the discussions. For Mr. Romney, who had spent the previous decade in public life forgoing any paychecks, the position promised to catapult him back to the pinnacle of American business and into the ranks of the stratospherically rich. Several friends and relatives urged him to accept. “Let’s put it this way,” said Mr. Robertson. “He could have made a lot of money.” But Mr. Romney was uninterested. Defeat, Introspection, Reinvention, Nomination [NYT]

julian robertson

Hedge Fund Legend Julian Robertson Dies On ‘New York City Day’

The ultimate Tiger mom has gone to the great New Zealand golf resort in the sky.