Jun
12
Viking to Return $8 Billion to Investors
By-
Ben Jacobs and Ning Jin to become co-CIOs, firm says in letter
-
Sundheim to pursue own entrepreneurial interests, firm says
Viking Global Investors, the hedge fund firm founded by Andreas Halvorsen, is returning about $8 billion to investors as Chief Investment Officer Daniel Sundheim departs to pursue his own business interests.
Sundheim, 40, who joined Viking as an analyst and rose through the ranks in his 15 years there, is leaving at the end of the month, according to a letter Viking sent to investors on Monday. Ben Jacobs and Ning Jin, two long-time portfolio managers, will take over the central portfolio as co-CIOs, the firm said…
Viking to Return $8 Billion to Investors
