Rising Star Skye Global Posts Big Gains in First Quarter

Maverick and Third Point alum Jamie Sterne has had one of the hottest hands in hedge funds in recent years.

Skye Global Management offices. (Andrew Harrer/Bloomberg)

Skye Global Management offices.

(Andrew Harrer/Bloomberg)

Jamie Sterne, who was named an Institutional Investor Hedge Fund Rising Star last year, has proved a worthy winner of that award.

The founder of Skye Global Management posted a gain of 17 percent to 18 percent in the first quarter, according to an investor, with gains coming from both long positions and short bets.

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