A Tiger Seed’s Second Act

Michael Moriarty’s Teewinot Vista is off to a strong start in 2021, despite its volatile history.

Concesionaria Vuela Compañía de Aviación, S.A.B. de C.V. accounted for more than 20 percent of Teewinot Vista's U.S. listed portfolio. (Susana Gonzalez/Bloomberg)

Concesionaria Vuela Compañía de Aviación, S.A.B. de C.V. accounted for more than 20 percent of Teewinot Vista’s U.S. listed portfolio.

(Susana Gonzalez/Bloomberg)

One of the oldest and least-known hedge funds seeded by Julian Robertson, Jr. is off to a strong start this year.

Michael Moriarty’s Teewinot Vista Fund, a long-only fund, was up 23.7 percent through April, according to a private database.

This is the second act for Moriarty, who managed Teewinot Master Fund I from its 2003 launch until 2016, when the long-short fund was shuttered and Vista was launched.

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