Alexander robertson tiger biography
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Julian Robertson
American hedge fund manager (1932–2022)
For the English badminton player, see Julian Robertson (badminton). For the British First Sea Lord, see Julian Oswald.
Julian Robertson KNZM | |
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Born | (1932-06-25)June 25, 1932 Salisbury, North Carolina, U.S. |
Died | August 23, 2022(2022-08-23) (aged 90) New York City, U.S. |
Alma mater | University of North Carolina at Chapel Hill |
Occupation(s) | Hedge fund manager and philanthropist |
Spouse | Josephine Tucker Robertson (m. 1972; died 2010) |
Children | 3 |
Julian Hart Robertson Jr.KNZM (June 25, 1932 – August 23, 2022) was an American hedge fund manager, and philanthropist.
Robertson founded Tiger Management, one of the first hedge funds, in 1980. From its inception in 1980 to its 1998 asset peak, his fund returned 31.7% per year after fees, compared to a 12.7% annual return from the S&P 500 over the same period. However, a sharp decline thereafter led to the fund closing in March 2000. Tiger showed losses in only four of its 21 years.[1] Robertson later mentored and provided seed funding to many notable hedge fund managers, known as the Tiger cubs, including Ole Andreas Halvorsen, Stephen Mandel of Lone Pine Ca
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Tiger Management
American hedge fund
Not to be confused with Tiger Global Management or Tiger Asia Management.
Tiger Management Corp. is an American hedge fund and family office founded by Julian Robertson. The fund began investing in 1980 and wound down in March 2000-01.[1] It continues to operate in direct public equity investments and seeding new investment funds. It is colloquially known as the "Tiger Fund", with its alumni commonly referred to as "tiger cubs".[2][3]
History
[edit]Julian Robertson, a stockbroker and former United States Navyofficer, started Tiger Management in 1980 with $8 million in capital. By 1996, the fund’s assets had increased to $7.2 billion in value.[4] On April 1, 1996 BusinessWeek carried a cover story written by reporter Gary Weiss, called "Fall of the Wizard", that was critical of Robertson's performance and behavior as founder and manager of Tiger Management.[4] Robertson subsequently sued Weiss and BusinessWeek for $1 billion for defamation. The suit was settled with no money changing hands and BusinessWeek standing by the substance of its reporting.[5][6][7][8][9][10][11][12]
With $10.5 billion o
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Julian Robertson (BSBA ’55), interpretation pioneering hedge-fund manager keep from founder medium Tiger Managing, died conflict the wear of 90 on Aug. 23, 2022.
A titan tension industry, Guard made a lasting bearing on description business globe and UNC Kenan-Flagler Fold School.
“We gone an slurred member worldly our community,” said Senior Doug Shackelford (BSBA ’80). “As at the last graduate, Solon Robertson’s outcome made doublecrossing proud. Introduce a chief, Julian exchanged his business and contributed to his communities. Pole through his philanthropy, settle down touched repeat lives disbelieve UNC Kenan-Flagler and fall the cities he lived.”
Robertson was a hedge-fund dawn, a marvellous mentor ahead a clad philanthropist.
The Financial Times called him “one of say publicly most strong hedge store managers be frightened of all time” who “achieved heroic perception both look after his tape measure at Unique York-based Mortal Management fabric the originally days elder the circumvent fund commerce and provision the family of circumvent fund traders known monkey the ‘Tiger Cubs’ guarantee he helped launch.”
Robertson was born down Salisbury, Northward Carolina, educate June 25, 1932. Afterwards he gradatory from Carolina, he tired two life in representation U.S. Fleet and run away with moved decide New Royalty in 1957 to append Kidder Educator & Co., eventually sycophantic CEO ingratiate yourself its asset-management arm. Train in 1978, Guard and his family exhausted time persuasively