Reported about 1 month ago
David Bonderman's Wildcat Capital Management has invested over $200 million in Whitebark Investors, a newly established hedge fund led by Thomas McConnon, which was spun off from Wildcat. The fund aims to create a public equity portfolio with a long-term, patient investment approach, allowing up to 25% of its capital to be allocated to closely held companies anticipating IPOs. Wildcat's CIO, Len Potter, expressed confidence in Whitebark's potential based on its past performance.
Source: YAHOO