Company type | Private |
---|---|
Industry | Hedge fund |
Founded | October 1999 |
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 |
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Viking Global Investors is an American-based hedge fund based in Greenwich, Connecticut, which specialises in long/short equity investing and private equity.
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]
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.
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