Exclusive: ‘Tiger Cub’ Lee Ainslie’s Maverick Ventures raises $240 million in fresh funding for early stage investments
[ad_1] In 1993, Lee Ainslie was among the first “Tiger Cubs” to leave the legendary investor Julian Robertson’s Tiger Management and set out on his own. As a hedge fund, Ainslie’s firm, Maverick Capital, focused on public securities, but its analysts used the firm’s capital to occasionally invest in private companies—a so-called “crossover” approach that…