We mapped 4 generations of Tiger Management descendants: it shows Julian Robertson at the center of a quarter-trillion-dollar web that links billionaires, the Pharma Bro, and a 'Big Short' main character
- Julian Robertson's network is one of the most sprawling in any industry - the billionaire has seeded dozens of hedge funds, many of which have had their own spin-offs, creating a web of hundreds of names.
- Funds related to Robertson currently manage, conservatively, more than $230 billion in assets, with names like Tiger Global, Lone Pine, Coatue, Maverick, Viking Global, and D1 Capital highlighting the list.
- Even more fascinating are the connections between some of the most well-known people in finance thanks to Robertson. Pharma Bro Martin Shkreli and "The Big Short" character Steve Eisman, for example, are both a part of the wide-stretching network.
- We reported earlier this year that yet another grandcub is on its way, with the former co-chief investment officer at Viking Global Ben Jacobs in the process of starting his own fund, which sources said will be called Anomaly Capital.
- We've mapped out these connections with a searchable graphic. You can hover over the boxes to see more about the individual funds.
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Nearly two decades after Julian Robertson closed Tiger Management to outside investors, his fund still constantly pops up in headlines and conversations within the hedge fund industry he helped pioneer.
The billionaire North Carolina native's sprawling network of spin-offs and seeded start-ups is almost overwhelming, and has spawned fellow billionaires like Chase Coleman, O. Andreas Halvorsen, Philippe Laffont, and several others.
Names like "Pharma Bro" Martin Shkreli, "The Big Short" main character Steve Eisman, and Ken Griffin's ex-wife Anne Dias-Griffin are among the hundreds of names that have been seeded, spun-off, or came from a fund that's connected to Robertson.
Names like former candidate for governor in Connecticut David Stemerman and Tiger Asia founder Bill Hwang, who was convicted of insider trading in 2012. Like B. Robertson Williamson Jr., Robertson's nephew who co-founded Williamson McAree Investment Partners and died in a car crash in North Carolina in 2012, and Gilchrist Berg, who has been running Water Street Capital for more than 30 years thanks to an initial investment from Robertson in 1987.
And we still spend plenty of time tracking where Tiger descendants are headed (and what money will follow them there.)
We reported earlier this year that yet another grandcub is on its way, with the former co-chief investment officer at Viking Global Ben Jacobs in the process of starting his own fund, which sources said will be called Anomaly Capital.
Business Insider decided to try and get a handle on what the entirety of the Tiger family tree looked like. For the project, we considered funds that were started by an employee of Robertson's at Tiger or were seeded by Robertson to be a Tiger Cub, while funds that spun-off of those firms were Tiger Grandcubs. There were even a handful of Great-Grandcubs, which were started by alumni of Grandcub firms.
The list is massive. Hundreds of names and nearly 200 different firms, many of them already closed or shut down, like John Griffin's Blue Ridge Capital or Stemerman's Conatus Management. Inactive funds' assets were not included in the total count of assets managed by funds connected to Robertson, which Business Insider conservatively estimates at about $230 billion.
That number also doesn't include another connection Robertson has to a big-time fund manager because it's always been a family one and not a financial one: His sister, Blanche Bacon, is married to the father of Moore Capital founder Louis Bacon, another North Carolina native who recently announced he is closing his long-running macro fund.
Below is a searchable lists of all the firms in the graphic. You can hover over the boxes to see more about the individual funds. The list was compiled using past media reports, original reporting, social media searches, and publicly available data.
Anyone we missed or know of a new addition to the family tree on the way? Email bsaacks@businessinsider.com for all tips and comments.