Steve Mandel's Lone Pine To Launch New L/S Fund [REPORT]

HFA Padded
HFA Staff
Published on
Updated on

Steve Mandel’s Lone Pine Capital is launching a new hedge fund after a long time and again making a trademark choice in using the name, reports Stephen Taub for II Alpha. Lone Tamarack will be the fund’s first new long/short fund in over 10 years. Just like pine, tamarack—also called larch—is a conifer, extending Mandel’s fascination with trees. Lone Pine to launch $2 billion fund Lone Pine Capital manages $22 billion in assets and Lone Tamarack will begin managing money in January next year, with an estimated initial base of $2 billion. The hedge fund already manages Lone Cypress, Lone…

This content is exclusively for paying members of Hedge Fund Alpha

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually

Don’t have an account?

Subscribe now and get 7 days free!
HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.