How Viking’s Return of $8 Billion Is Impacting Its Portfolio

Viking co-founder O. Andreas Halvorsen says the hedge fund has repositioned its portfolios before returning capital to investors next month.

Viking Global Investors has provided more detail about its decision to shrink the firm, explaining what the move means for its two main funds. The hedge fund firm headed by O. Andreas Halvorsen told investors in June that Dan Sundheim stepped down as chief investment officer and that it’s returning $8 billion of assets from its long-short fund, Viking Global Equities, and its Viking Long Fund.

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