A Founder Exits as Dorsal Reports a Bounceback Quarter

The tech and consumer specialist battles the tide of other long-short TMT funds battered in the first quarter.

One of the founders of Dorsal Capital Management, a firm founded by two SAC Capital Advisors alumni, is leaving.

Oliver Evans, who founded the firm with Ryan Frick, is retiring, effective July 2, according to the firm’s quarterly letter sent to clients this week.

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