Tiger Grandcub White Elm Emerges as Elite Long-Short Player

Matthew Iorio, who once worked at Tiger Cub Stephen Mandel’s Lone Pine Capital, has a hot hand this year despite having a low net exposure to the market.

Stephen Mandel Jr. protégé Matthew Iorio is emerging as one of the up-and-coming elite long-short equity managers and Tiger Management Corp. offspring.

White Elm Capital Partners, managed out of Iorio’s Greenwich, Connecticut–based firm, White Elm Capital, tacked on a 6.5 percent or so net gain — depending on the share class — in the third quarter, bringing its net return for the first nine months to as high as 18.09

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