Stephen Mandel’s Zoom Foundation Invested Only In His Own Hedge Funds

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Michelle deBoer-Jones
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Many high-profile hedge fund managers donate millions of dollars to charity every year. Tiger cub Stephen Mandel of Lone Pine Capital established his own foundation to distribute his money. To increase the amount of money his foundation has to distribute, Mandel has invested it. Q3 2021 hedge fund letters, conferences and more We can get an idea of his favorite hedge funds by reviewing the annual filings of his foundation. To build this list, we reviewed the Zoom Foundation’s 990-PF for the fiscal year ending in June 2020, which was filed in June 2021. In fact, it appears that Mandel…

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.