Julian Robertson

DEFINITION of 'Julian Robertson'

A former hedge fund manager and investor, Julian Robertson founded Tiger Management Corporation, one of the first hedge funds of its kind and one that actually made money during the subprime crisis of 2008. Robertson began his fund with $8 million in 1980 and grew it to $22 billion by 1998. He now stakes other managers starting new hedge funds and serves on the boards of several organizations and institutions. He also founded the Robertson Scholars Program, which provides full scholarships to Duke and North Carolina students.

BREAKING DOWN 'Julian Robertson'

Julian was born in 1932 in Salisbury, North Carolina, and graduated from the University of North Carolina at Chapel Hill in 1955. After a stint in the navy, he became a broker at Kidder, Peabody and Company before moving to New Zealand with his family to write a novel. He founded Tiger Management hedge fund upon his return to the U.S.

RELATED TERMS
  1. Hedge Fund Manager

    The individual who oversees and makes decisions about the investments ...
  2. Hedge Fund

    An aggressively managed portfolio of investments that uses leveraged, ...
  3. Two And Twenty

    A type of compensation structure that hedge fund managers typically ...
  4. Blow Up

    A slang term used to describe the complete and abject failure ...
  5. Gate Provision

    A restriction placed on a hedge fund limiting the amount of withdrawals ...
  6. Institutional Fund

    A fund that targets high value investors with low management ...
Related Articles
  1. Trading

    A Brief History Of The Hedge Fund

    Find out how this U.S.-born investment innovation became a $1-trillion industry that's both praised and vilified by the media.
  2. Trading

    Massive Hedge Fund Failures

    Flying high one day but not the next - see the stories behind some spectacular meltdowns.
  3. Investing

    John Griffin's Success Story: Net Worth, Education & Top Quotes

    Read about the personal and professional journey of John Anthony Griffin, hedge fund manager at Blue Ridge Capital and one of the famous "Tiger Cubs."
  4. Managing Wealth

    Will Hedge Funds Be Around in 10 Years?

    Learn why some analysts see hedge funds as a dying breed, especially after a torturous January 2016 for fund managers around the world.
  5. Managing Wealth

    Top 5 Positions in Chase Coleman's Portfolio (NFLX, AMZN)

    Take a look at the top five holdings in the portfolio of Chase Coleman III, the manager of the hedge fund Tiger Global Management.
  6. Investing

    HF Performance Report: Did Hedge Funds Earn Their Fee in 2015?

    Find out whether hedge funds, which have come under tremendous pressure to improve their performance, managed to earn their fee in 2015.
  7. ETFs & Mutual Funds

    3 Billionaire PMs That You Should Follow (BRK.A, KO)

    Explore three portfolio managers, each with a personal net worth exceeding $1 billion, and discover similarities between their investment philosophies.
  8. ETFs & Mutual Funds

    Taking A Look Behind Hedge Funds

    Hedge funds can draw returns well above the market average even in a weak economy. Learn about the risks.
  9. ETFs & Mutual Funds

    Evaluating Hedge Fund Performance

    Most investors are aware of hedge funds, but many don't know the dirty details of this unique investment type.
  10. Managing Wealth

    Chase Coleman's Success Story: Net Worth, Education & Top Quotes (FB)

    Learn more about top hedge fund manager, Chase Coleman, and the singular story of his success, along with his approximate net worth.
RELATED FAQS
  1. What's the difference between a mutual fund and a hedge fund?

  2. What is the purpose of a hedge fund?

    Find out what a hedge fund is, how it is set up and why it is different than other forms of investment partnerships like ... Read Answer >>
  3. What happens if you don't hedge your investments?

    Learn the purpose, advantages and disadvantages of hedging, and find out how to utilize hedging to enhance an overall investment ... Read Answer >>
  4. Where does a hedge fund get its money?

    Learn how a hedge fund is structured and how the managing partner of the fund goes about the process of finding and soliciting ... Read Answer >>
  5. How do hedge funds use short selling?

    Learn how hedge funds use short selling to profit from stocks that are falling in price. Explore different analytical techniques ... Read Answer >>
  6. What does a hedge fund do?

    Read how hedge funds differ from other investment vehicles and how their investment strategies make them unique and potentially ... Read Answer >>
Hot Definitions
  1. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  2. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  3. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  4. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  5. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  6. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
Trading Center