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Tiger Grandcub White Elm Opens to New Capital

Lone Pine veteran Matthew Iorio, who set up White Elm in 2006, is looking to take in new money to increase his flagship fund’s "dry powder."

A so-called Tiger Grandcub who once worked at Tiger Cub Stephen Mandel Jr.’s Lone Pine Capital is reopening his funds to new capital. Greenwich, Connecticut-based White Elm Capital, headed by Matthew Iorio, tells clients in its third-quarter letter dated October 26 that it is hoping to raise up to $250 million

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