Lone Pine Capital has promoted long-time investor Rahul Anne to portfolio manager, marking the first such appointment at the $19bn hedge fund founded by Stephen Mandel Jr in more than a decade, according to a report by Business Insider.
The promotion, effective at the start of the year, coincides with the departure of three senior investors – Samuel Harland, Zachary Gleser and Kevin Salimian – who have left the firm with plans to establish their own investment vehicles, according to a letter to...
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