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Lee Ainslie III’s Maverick Capital Details Its Short Strategy

The Tiger Cub’s hedge fund firm has been badly hurt by its short portfolio this year but is confident in the strategy’s prospects..

  • By Stephen Taub

      Lee Ainslie III, Maverick Capital (photo credit: Jonathan Fickies/Bloomberg) Maverick Capital’s short book continues to be a nightmare for the firm’s flagship long-short equity fund. How so? Well, consider that in the first half of the year, the firm’s long-short Maverick Fund was roughly flat, while its Maverick Levered fund was

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