Maverick Posts Some Huge Gains — And Some Losses

The Tiger Cub’s long-short and long-only funds enjoyed their best performances in recent memory, but its quant funds continued to disappoint.

Lee S. Ainslie (Jonathan Fickies/Bloomberg)

Lee S. Ainslie

(Jonathan Fickies/Bloomberg)

Maverick Capital‘s long-short and long-only funds last year enjoyed their best year in recent memory.

However, the Tiger Cub firm — run by Lee Ainslie III — has not fared as well with its quantitative funds, which launched three years ago. Both of them lost money last year, and one of the two has been in the red for two straight years.

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