The month saw many funds lose 4% to 7%. One exception: Lee Ainslie’s Maverick International, which eked out a profit.
Stephen TaubSeptember 4, 2015
August proved to be a rough month for many long-short hedge funds with roots to Julian Robertson Jr.’s Tiger Management. A large number of the funds were down between 4 percent and nearly 7 percent. Even so, most of them fared better than
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