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The fund have bought a part of russian (local major) internet search company Yandex. Prooflink --jno (talk) 11:02, 11 September 2009 (UTC)
Involving this fund. FYI. Ikip 17:59, 27 December 2009 (UTC)
Discussion at Talk:Robertson_v._McGraw-Hill_Co.#merge_to_Tiger_Management. THF (talk) 13:06, 2 January 2010 (UTC)
At the time of the settlement, Robertson claimed that Weiss’ article had “severely hurt” his fund by scaring away potential investors.[1] Nevertheless, apparently as a result of its high returns in 1996 and 1997, investors flocked to the fund, increasing its value to a peak of $22 billion by mid-year 1998. Later that year, however, the fund’s returns began to sour. The fund ended 1998 down 3.9% and lost a further 19% in 1999. As a result, investors abandoned the fund in droves, reducing the fund’s assets to $7 billion by the first quarter of calendar year 2000. Robertson closed the fund and liquidated most of its assets on March 30, 2000.[2]
At the time of the closing, in an article authored by Weiss, the magazine disputed Robertson's claim that he closed the funds because of concerns about "irrational markets." Citing documents distributed to investors, the article said Robertson's funds were forced to close because of redemptions at his largest fund. In an accompanying commentary, Weiss sharply criticized Robertson’s management of the fund and concluded Robertson "failed because he didn’t do his job,” such as by utilizing proper risk management.[3] Soon after closing the fund, Robertson retired and moved to New Zealand, but continued to invest and participate in advising hedge funds, called “Tiger Seeds,” which spun-off from the Tiger Fund or were started by former Tiger employees.[4]—Preceding unsigned comment added by THF (talk • contribs) 03:17, January 6, 2010 (UTC)
References
I think we need to rethink the Robinson lawsuit-merger...it was not a straight consensus, and there were a lot of socks around. I would like to undo it. Thoughts? Huldra (talk) 22:02, 21 February 2010 (UTC)