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  1. Oct 24, 2024 · As part of the deal, Jeff Vinik will retain full control of the team for the next three years before being transferred over to Ostrover and Lipschultz. According to the team, Vinnik will remain an ownership partner as an alternate governor and Vinik Sports Group board member.

  2. Oct 28, 2019 · So he quit — not only Magellan and Fidelity Investments but the mutual fund business altogether, striking out with his own hedge fund instead.

    • Richard Teitelbaum
  3. After leaving Fidelity, he started hedge fund Vinik Asset Management, with partners including Michael Gordon (now President of Fenway Sports Group). He made investors 93.8% in his first 11 months and approximately 50% a year for the next three years.

  4. Oct 24, 2024 · Arctos has a deep bench of investments in sports, and was among the private equity investors recently approved to take stakes in the NFL. The firm, which earlier this year closed its second sports ...

  5. Oct 24, 2024 · Lightning owner Jeff Vinik has "sold a portion" of the team to a new investment group -- but "will retain full control of the Bolts for the next three years,” according to Ashley Kritzer of the TAMPA BAY BUSINESS JOURNAL. Vinik Sports Group said today that N.Y.-based private equity firm Blue Owl Capital co-CEOs Doug Ostrover and Marc ...

  6. Oct 3, 2024 · Vinik purchased the Lightning after making a fortune operating his own hedge funds and managing Fidelity's flagship Magellan Fund. His net worth is estimated at more than $600 million. He remains a part-owner of baseball’s Boston Red Sox.

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  8. Oct 24, 2019 · Institutional investors have lost their appetite for stockpickers after years of poor performance, according to the former Fidelity Investments star Jeff Vinik, who announced the closure of...

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