Tiger Cubs Are Off to a Rocky Start in 2022

Maverick, Light Street, and other Tiger descendants reported sharp first-quarter losses.

Lee Ainslie III (Daniel Acker/Bloomberg)

Lee Ainslie III

(Daniel Acker/Bloomberg)

Lee Ainslie III’s Maverick Capital is the latest tech fund and Tiger Cub to report a sharp loss in March and the first quarter.

Its long-short Maverick Fund suffered a roughly 13 percent decline in March and was down nearly 23 percent for the quarter, according to a hedge fund database.


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