Published on 2 Aug 2022 on Insider Monkey via Yahoo Finance
In this article, we shall be going over the top 10 stock picks of Jesse Ro's Tiger Legatus Capital. To skip our detailed analysis of Ro's history, his investment strategy, and hedge fund performance, go directly and see Top 5 Stock Picks of Jesse Ro's Tiger Legatus Capital.
Jesse Sunho Ro is the founder and portfolio manager at Tiger Legatus Capital, a New York-based hedge fund, in which Ro had an ownership share of 75%. Graduating magna cum laude from the Wharton School of the University of Pennsylvania, Jesse Ro has also worked as the head of the Investment Banking Division at Bear Stearns and Co, as an Investment Analyst at Axial Capital, and a Portfolio Manager at Viking Global Investors.
On June 16, Institutional Investor reported that Tiger Legatus Capital is the latest hedge fund to draw curtains over its operations and shut down indefinitely owing to dismal returns in the first five months of 2022. In a letter penned to investors, Ro informed them of his decision to liquidate the hedge fund and return all capital, adding that the fund structure and declining assets under management “do not provide the duration of capital necessary to successfully continue our investment strategy without compromising returns”.