Tiger Management Closes Flagship Jaguar Hedge Fund
NEWS
NEW YORK--Tiger Management, the hedge fund manager that became famous worldwide for its huge currency and equity positions, closed its flagship Jaguar fund last Friday.
The closure of the firm, which had been led by industry veteran Julian Robertson, follows the value of its assets falling from $22 billion to about $6.5 billion in 18 months.
Tiger will return money to investors in Jaguar and is still exploring options to sell its other funds, including Ocelot and Puma, according to news reports
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