Viking Global Investors

Last updated
Viking Global Investors
Company type Private
Industry Hedge fund
FoundedOctober 1999;24 years ago (1999-10)
Founder Ole Andreas Halvorsen, CEO and risk manager, Brian T Olson and David C Ott
Headquarters,
US
AUM US$59 billion (31 March 2021) [1]
Website www.vikingglobal.com

Viking Global Investors is an American-based hedge fund based in Greenwich, Connecticut, which specialises in long/short equity investing and private equity.

History

It was established in October 1999 by its CEO and risk manager, Ole Andreas Halvorsen, Brian T Olson and David C Ott. [2] [3]

Ole Andreas Halvorsen previously worked for Julian Robertson at the firm Tiger Management, making Viking one of the 30 or more so-called "Tiger Cubs," funds founded by managers who started their investment careers with Tiger Management. [4]

In June 2017, Viking announced that it was returning $8 billion to investors to "reset to a smaller size." [5]

Viking has offices in Greenwich, where it is headquartered, New York, Hong Kong, London and San Francisco. [6]

Related Research Articles

A hedge fund is a pooled investment fund that holds liquid assets and that makes use of complex trading and risk management techniques to improve investment performance and insulate returns from market risk. Among these portfolio techniques are short selling and the use of leverage and derivative instruments. In the United States, financial regulations require that hedge funds be marketed only to institutional investors and high-net-worth individuals.

Julian Hart Robertson Jr. was an American hedge fund manager, and philanthropist.

<span class="mw-page-title-main">Bridgewater Associates</span> U.S. based investment management firm

Bridgewater Associates, LP is an American investment management firm founded by Ray Dalio in 1975. The firm serves institutional clients including pension funds, endowments, foundations, foreign governments, and central banks. As of 2022, Bridgewater has posted the second highest gains of any hedge fund since its inception in 1975. The firm began as an institutional investment advisory service, graduated to institutional investing, and pioneered the risk parity investment approach in 1996.

Tiger Management Corp. is an American hedge fund and family office founded by Julian Robertson. The fund began investing in 1980 and wound down in March 2000-01. It continues to operate in direct public equity investments and seeding new investment funds. It is colloquially known as the "Tiger Fund", with its alumni commonly referred to as "tiger cubs".

<span class="mw-page-title-main">Blue Ridge Capital</span>

Blue Ridge Capital was an American hedge fund founded in 1996 by John Griffin, a "Tiger Cub", which invested globally.

Appaloosa Management is an American hedge fund founded in 1993 by David Tepper and Jack Walton specializing in distressed debt. Appaloosa Management invests in public equity and fixed income markets around the world.

Ole Andreas Halvorsen is a Norwegian billionaire hedge fund manager. He is the CEO and a co-founder of the Connecticut-based hedge fund Viking Global Investors. Viking had $24 billion under management as of October, 2017. Halvorsen has consistently ranked among the top earning hedge fund managers, placing 11th in Forbes' 2012 rankings and 9th in 2015, according to Institutional Investor's Alpha.

David E. Goel is an American hedge fund manager. Goel is the managing general partner of Matrix Capital Management, which he co-founded with pioneering investor Paul Ferri in 1999. Goel is also a protégé of hedge fund manager Julian Robertson.

<span class="mw-page-title-main">Eaton Partners</span>

Eaton Partners is a global placement agent that assists in raising capital for funds managed by some of the largest private equity firms, hedge funds, real assets and real estate funds in the world. The firm is also one of the oldest placement agents in the private funds industry. Eaton Partners raises capital primarily from institutional investors including private and public pension funds, endowment funds, family offices, fund of funds, foundations and other large pools of money that invest in alternative asset classes.

Charles Payson "Chase" Coleman III is an American billionaire hedge fund manager, and the founder of Tiger Global Management. As of July 2023, his net worth is estimated at US$8.5 billion by Forbes making him the 258th richest person in the world.

<span class="mw-page-title-main">Lone Pine Capital</span> American hedge fund

Lone Pine Capital is an American-based hedge fund and investment advisor headquartered in Greenwich, Connecticut. The firm has offices in London, New York City, and San Francisco.

The Williams College Investment Office is the subsidiary office of Williams College responsible for managing the College's endowment of over US $4.2 billion. The Office is located in Boston, Massachusetts. Its Chief Investment Officer is Collette Chilton.

Ospraie Management, LLC is a New York City-based investment management firm that invests in commodities and basic industries worldwide across public and private markets. The company, through its venture arm, makes agriculture-focused investments that seek to reduce environmental impact.

<span class="mw-page-title-main">Coatue Management</span> American investment management firm

Coatue is an American technology-focused investment management firm led by founder and portfolio manager Philippe Laffont. Coatue invests in both public and private markets, with a focus on technology, media, telecommunications, as well as the consumer and healthcare sectors. Coatue has a global presence with offices located in New York City, Menlo Park, California, London, Shanghai and Hong Kong.

<span class="mw-page-title-main">Tiger Global Management</span> American investment firm

Tiger Global Management, LLC is an American investment firm founded by Chase Coleman III, a former Tiger Management employee under Julian Robertson, in March 2001. It mainly focuses on internet, software, consumer, and financial technology companies.

Sung Kook Hwang, also known as Bill Hwang, is a Korean-born American investor and trader. He ran Archegos Capital Management, whose default on March 26, 2021 caused major losses to several notable investment banks. In April 2021, The Wall Street Journal reported that Hwang had lost US$20 billion over 10 days in late March, imposing large losses on his bankers Nomura and Credit Suisse. On April 27, 2022, he was indicted on federal charges of fraud and racketeering. The default of Archegos contributed to the eventual collapse of Credit Suisse. On July 10, 2024, a 12-person jury in a federal court in Manhattan found him guilty on 10 out of 11 counts of securities fraud, wire fraud, conspiracy, racketeering, and market manipulation. His sentencing is scheduled for October 28, 2024.

<span class="mw-page-title-main">D1 Capital Partners</span> American investment firm

D1 Capital Partners is an American investment firm based in New York City, United States. The firm invests in both public and private markets globally.

Scott Louis Shleifer is an American billionaire hedge fund manager, and the co-founder of Tiger Global Management's private equity investing business. As of September 2022, his net worth was estimated at US$3.5 billion.

<span class="mw-page-title-main">Tybourne Capital Management</span> Hong Kong investment firm

Tybourne Capital Management (Tybourne) is a growth investment firm based in Hong Kong with an additional office in San Francisco. The firm makes investments in both public and private markets globally.

References

  1. "FORM ADV" (PDF). SEC.gov.
  2. "The Tiger in Winter". Institutional Investor. December 1, 2002.
  3. "Viking Global Investors LP - Company Profile and News". Bloomberg.com. Retrieved 2020-10-11.
  4. Gal, Bradley Saacks, Shayanne. "One of Julian Robertson's Tiger Cubs is at the center of a major market meltdown. Here's a look at the billionaire's sprawling web of hedge fund spinoffs". Business Insider. Retrieved 2021-06-13.{{cite web}}: CS1 maint: multiple names: authors list (link)
  5. Goldstein, Matthew (June 12, 2017). "Viking Hedge Fund to Return $8 Billion to Investors". The New York Times . New York City, United States. Retrieved June 12, 2017.
  6. "Overview : Viking Global". www.vikingglobal.com.