Lone Pine's Lone Dragon Pine hedge fund up 72.9%

January 20th, 2010
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Contributed by: Teri Buhl
According to Teri Buhl of the Greenwich Time, Steve Mandel’s newest long-only fund, Lone Dragon Pine, is proving it might really know what it’s doing when it comes to emerging markets investing. According to a Jan. 15 investor letter seen by Greenwich Time, Lone Dragon Pine returned a whopping 72.9 percent for 2009.

It looks like going long on Brazilian mining stocks like MMX Mineracao e Metalicos S.A., whose stock climbed from just under $3 to a high of $15 last year, paid off. Greenwich-based Lone Pine Capital has been in the hedge fund business since the late 90’s and launched after Mandel trained under legendary investor Julian Robertson of Tiger Management Corp.

To read the complete article in the Greenwich Time, please click source below.
See Source
For Detailed Investor Profiles on these Investors, click below:
Lone Pine Capital
Tiger Management
Related People: Alex Robertson; David Craver; John Townsend; Julian Robertson; Kerry Tyler; Mala Gaonkar; Marco Tablada; Steve Mandel; Steve Mandel
Related Entities: Tiger Asia; Tiger Consumer; Tiger Global; Tiger Management LLC; Tiger Shark Management; Tiger Veda; Lone Balsam LP; Lone Cascade; Lone Cypress Funds; Lone Dragon Pine; Lone Juniper; Lone Pine Capital (LPC); Lone Pine Sierra LP; Lone Sequoia LP; Lone Spruce LP; Tiger Fund *; Tiger Jaguar Fund*; Tiger Management Corp; Tiger Management LP; Tiger Management*; Tiger Puma*
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Resources and Featured Partner News

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