New York-headquartered Tiger Management has partnered with Marvin & Palmer Associates to invest in Asian equities, with a particular focus on Southeast Asia.
The new Asian strategy will be managed by MPA Capital Management, an affiliate of Marvin & Palmer Associates. Tiger Management is an investor in the fund. Todd Marvin, a portfolio manager at Marvin & Palmer, will be the portfolio manager and be based in Maryland. The strategy will be long-short equities.
Julian H. Robertson Jr., Chairman and Chief Executive Officer of Tiger, said, “Tiger is committed to hedge fund opportunities in Asian equities. Asia presents an ideal landscape for a hedge fund manager. We have strong confidence Todd and his team will thrive with the additional flexibility of investing on the short side.”
Headquartered in Wilmington, Delaware, Marvin & Palmer has $2.1 billion under management and was established in 1986. According to its website, the firm invests primarily in high quality, large-cap, growth stocks. Its investments focuses on region, country, currency and sector analysis, followed by a review of individual stocks. Holdings may be concentrated in a number of countries and sectors with diversification achieved through individual stock selection.
Todd Marvin became a portfolio manager in 1993 at Marvin & Palmer. Prior to joining the firm, he worked for Oppenheimer & Company as an analyst in investment banking. He earned a B.A. from Wesleyan University, and is a CFA charterholder.
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