What’s Driving Maverick’s Mixed Results

The Tiger Cub’s long-short and long-only funds moved in opposite directions last month.

Lee Ainslie III (Daniel Acker/Bloomberg)

Lee Ainslie III

(Daniel Acker/Bloomberg)

Maverick Capital’s long-short fund suffered a setback in April. Even so, it is still poised to post its best ever results.

Tiger Cub Lee Ainslie III’s Maverick Fund was down 7 percent for the month, according to a hedge fund database and an individual familiar with the results.


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