Tiger Cubs: How Julian Robertson built a hedge fund dynasty

When the implosion of Archegos Capital blew a hole worth more than $10bn out of a clutch of banks, one line in the biography of founder Bill Hwang stood out: Tiger Management.

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Julian Robertson refused to embrace internet stocks during the late 1990s dotcom boom and lost 19 per cent in 1999 – before his view was ultimately proved right. Pictured in 2017, at his penthouse office, midtown Manhattan.
Julian Robertson refused to embrace internet stocks during the late 1990s dotcom boom and lost 19 per cent in 1999 – before his view was ultimately proved right. Pictured in 2017, at his penthouse office, midtown Manhattan. (Foto: Johannes Worsøe Berg)