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.