This content is from: Premium
Lone Pine Posts a Huge Loss in the First Quarter
The Tiger Cub founded by Stephen Mandel, Jr., lost money on most of its longs, many of which suffered double-digit losses.
Lone Pine Capital is the latest growth tech fund to report a huge loss in the first quarter.The Tiger Cub founded by Stephen Mandel, Jr., posted a 22 percent loss for the period in both its long-short and long-only funds, according to an investor.Lone Pine declined to comment.Like many other
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.