Jun
13
Viking Hedge Fund to Return $8 Billion to Investors
ByViking Global Investors, one of the larger hedge funds, is losing a top money manager and getting smaller in the process.
The hedge fund, led by O. Andreas Halvorsen, a protégé of the famed hedge fund manager Julian Robertson, notified investors on Monday that the firm’s chief investment officer, Daniel Sundheim, was leaving and that the firm would begin returning some $8 billion to investors, a Viking officer said.
Rose Shabet, chief operating officer at Viking, said Mr. Sundheim’s departure from the firm was “amicable.”
Mr. Sundheim, who has been with Viking for about 15 years, is leaving to pursue “entrepreneurial” ventures, the firm said in a letter to investors…
Viking Hedge Fund to Return $8 Billion to Investors
