In Client Letter, Robert Karr Explains Decision to Close Joho

Robert Karr announced he is closing down his 17 year-old Joho Capital and returning all outside money to investors and becoming a family office at the end of the first quarter.

In a fascinating, heartfelt seven-page letter to clients dated January 30, the Tiger Cub said he is shutting his New York City-based firm to spend more time with his children, stressing he made this decision “with mixed emotions.”

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