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Why Chris Hansen’s Valiant Came up Short
The Tiger Grandcub’s short book has not performed nearly as well as those of other Tiger-related hedge funds.
When Chris Hansen announced earlier this year he was shutting Valiant Capital Partners’ long-short funds to new investors, the Tiger Grandcub cited its “renewed efforts on the short side” to identify frauds and what it calls “near frauds.” Hansen explained that the strategy places liquidity constraints on the overall portfolio. However,
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