Billionaire Investor Julian Robertson Pulls Plug on Protégés Fund

(Reuters) Billionaire investor Julian Robertson is shutting a portfolio that let outsiders bet with him on would-be star managers and has exited entirely from former protégée Nehal Chopra’s Ratan Capital Management, according to recent regulatory filings.The closure of Tiger Management Advisors LLC’s six-year-old Tiger Accelerator Fund comes after poor performance and sharp declines in assets at its underlying hedge fund firms.

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