Lone Pine Posts a Huge Loss in the First Quarter

The Tiger Cub founded by Stephen Mandel, Jr., lost money on most of its longs, many of which suffered double-digit losses.

Lone Pine is based in Connecticut. (Michael Nagle/Bloomberg)

Lone Pine is based in Connecticut.

(Michael Nagle/Bloomberg)

Lone Pine Capital is the latest growth tech fund to report a huge loss in the first quarter.

The Tiger Cub founded by Stephen Mandel, Jr., posted a 22 percent loss for the period in both its long-short and long-only funds, according to an investor.

Lone

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related