- Julian Robertson has seeded dozens of
hedge funds , many of which have had their own spin-offs. - Funds related to Robertson include Tiger Global, Lone Pine, Coatue, Viking Global, and D1 Capital.
Two decades after Julian Robertson closed
The legendary investor's $4 is overwhelming and has spawned fellow billionaires like Chase Coleman, O. Andreas Halvorsen, Philippe Laffont, and many more.
Recently, headlines around Robertson's so-called Tiger Cubs have focused on losses as their big growth stock bets plummet. Hedge funds with a focus on tech stocks (as many of the funds with roots back to Robertson do) have been hard hit. The tech benchmark Nasdaq Composite Index has fallen 24% this year.
For many years Tiger Cubs $4 like JD.com, Meta Platforms, and Netflix. They also pushed into venture capital, getting in on pre-IPO companies like Instacart and Stripe that are now seeing their valuations slashed.
Coleman's Tiger Global is down 52% for the year, Bloomberg reported earlier this month. Insider reported that Laffont's $4 for the year even though it liquidated many of its positions. Lone Pine, and Grand cub D1 Capital have also suffered. Viking Global was the rare Tiger Cub with $4.
Tiger Legatus, a Tiger Grand Cub run by former Viking Global portfolio manager Jesse Ro, announced it was shuttering after nearly 13 years of trading, the $4.
In late 2019, Insider mapped out these connections to show the influence Robertson has had on the industry. The list is massive, with hundreds of names and nearly 200 different firms.