Mandel’s Lone Pine Suffers Big Redemptions Just as Funds Rebound
Investors took billions out of Tiger Cub Stephen Mandel Jr.’s funds last year — right before they bounced back strongly in the first quarter.
Stephen TaubApril 6, 2017
Stephen Mandel Jr., Founder, Lone Pine Capital (Photo credit: Bloomberg). Now, this is what you call an unforgiving hedge fund environment.As we have chronicled on several occasions, a slew of managers with strong reputations and a
To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.