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.

April 7, 2022

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

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

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