Hedge Funds
An analyst at Stephen Mandel's Lone Pine Capital is striking out on his own with backing from the well-known hedge fund. Senior analyst Ran Li is launching a new London-based long/short equities hedge fund, according to a Reuters article citing unidentified sources with direct knowledge of the plans.  Li is aiming to launch the new venture, named Half Sky Capital, within six months and with between $110 million and possibly several hundred million in assets under management – a level that, if reached, would rank the fund among Europe’s largest launches so far this year.  Lone Pine, which manages about...