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Lone Pine Clients Pulled About $3 Billion in Span of a Year

(Bloomberg) -- Lone Pine Capital clients withdrew an estimated $3 billion from its funds in the 12 months through June, even as investment performance at Steve Mandel’s firm rebounded from a bruising 2022. Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsTraders Have S&P 500 Comebacks Fading at Historic PaceAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’...
Whale Rock United States Steve Mandel Hema Parmar Kelly Granat Dave Craver
Source: yahoo.com

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