{"id":46781,"date":"2015-03-06T08:38:11","date_gmt":"2015-03-06T13:38:11","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=46781"},"modified":"2015-03-06T08:38:11","modified_gmt":"2015-03-06T13:38:11","slug":"mccormacks-tiger-hedge-fund-to-shutter","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2015\/mccormacks-tiger-hedge-fund-to-shutter.html","title":{"rendered":"McCormack&#8217;s &#8216;Tiger&#8217; hedge fund to shutter"},"content":{"rendered":"<p>CNBC &#8211; Tiger Consumer Management, the nearly 15-year-old hedge fund firm led by Patrick McCormack and with close ties to Julian Robertson&#8217;s Tiger Management, is shutting down at the end of March.<\/p>\n<p>&#8220;Managing a fundamentally driven, long\/short equity hedge fund is rewarding but demanding work. I have decided after nearly 15 years of doing so, at this stage of my life, I would like to spend more time with my family,&#8221; McCormack said in a letter to investors Wednesday. &#8220;The decision to wind-down is one of the most difficult I have faced, but I have given it considerable thought and believe now is the best time to do so, particularly given a strong start to the year.&#8221;<\/p>\n<p><a href=\"http:\/\/www.cnbc.com\/id\/102481746\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC &#8211; Tiger Consumer Management, the nearly 15-year-old hedge fund firm led by Patrick McCormack and with close ties to Julian Robertson&#8217;s Tiger Management, is shutting down at the end of March. &#8220;Managing a fundamentally driven, long\/short equity hedge fund [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-46781","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=46781"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46781\/revisions"}],"predecessor-version":[{"id":46785,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46781\/revisions\/46785"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=46781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=46781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=46781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}