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The education debate
Lone Pine's Mandel pumps up Strayer, while Viking Global exits Apollo.
By Chris Gillick One of the more intriguing long-short debates among hedge fund managers over the past year has been in an obscure sector: for-profit education. Almost a year ago, Lone Pine Capital founder Steve Mandel used the Ira W. Sohn Research Conference to tout Strayer Education, whose shares he
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