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Oct 28, 2019 · The billionaire founder of Vinik Asset Management said he is closing the firm’s newly re-launched hedge fund as of November 15. “It has been much harder to raise money over the last several...
- Richard Teitelbaum
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.
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...
Nov 8, 2016 · Ten years ago, Jeff Vinik retired from Fidelity Investments after managing its high profile Magellan Fund. Worth an estimated half a billion, it’s safe to say Vinik can live wherever he...
Oct 18, 2018 · Jeff Vinik, the owner of the Tampa Bay Lightning and former manager of Fidelity Magellan fund, is known for his outsized bets as an investor. His latest one: silk.
May 4, 2013 · Jeff Vinik, 54, said he and partner Mike Gordon decided it’s time to take a break from the market. Vinik Asset Management LP has had a difficult 10-month stretch, he said in a letter to...
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Jan 10, 2019 · Prominent investor Jeffrey Vinik is ready to manage money for outside clients again and plans to relaunch his hedge fund firm Vinik Asset Management after sitting out the last six years.