The hedge fund, led by O. Andreas Halvorsen, a protégé of the famed hedge fund manager Julian Robertson, notified investors on Monday<br />that the firm’s chief investment officer, Daniel Sundheim, was leaving and that the firm would begin returning some $8 billion to investors, a Viking officer said.<br />Viking Hedge Fund to Return $8 Billion to Investors -<br />By MATTHEW GOLDSTEINJUNE 12, 2017<br />Viking Global Investors, one of the larger hedge funds, is losing a top money manager and getting smaller in the process.<br />In the letter, the firm added that the decision to return $8 billion reflects a chance to “reset to a smaller size.”<br />Still, Viking will remain one of the hedge fund industry’s largest firms — managing about<br />$24 billion after it returns that money, a process that should begin in August.
