Lee Ainslie
Lee Ainslie | |
---|---|
Born | Lee S. Ainslie III 1964 (age 59–60)[1] Alexandria, Virginia, U.S. |
Alma mater | |
Known for | Founding Maverick Capital |
Title |
|
Board member of | Robin Hood Foundation |
Spouse | Elizabeth |
Children | 2 |
Lee S. Ainslie III (born 1964) is an American businessman who founded the hedge fund firm Maverick Capital.[2][3] He is also a board member of the Robin Hood Foundation and owns a minority stake in the Washington Commanders of the National Football League.
Early life and education
Ainslie's father was headmaster of Episcopal High School, a private school in Alexandria, Virginia, from which Ainslie graduated.[4] Ainslie holds a bachelor's degree from the University of Virginia and an MBA from the University of North Carolina at Chapel Hill Kenan–Flagler Business School.[5][6]
Career
Prior to founding Maverick Capital in 1993, Ainslie worked at Tiger Management, where he and other former employees had been nicknamed "Tiger Cubs" in the hedge fund industry.[5][7][8][9][10][11] Ainslie helped form Maverick Capital in 1993 at the invitation of billionaire Sam Wyly.[12][13] Maverick Capital was reported to have $9 billion under management in 2013.[14][15]
Ainslie has been profiled in books such as Hedge Hunters, by Katherine Burton,[16] New Investment Superstars by Lois Peltz.[17] and The Big Win by Stephen Weiss.[18]
Ainslie supported Mitt Romney in the 2012 U.S. presidential election.[19][20] He is on the board of directors of the Robin Hood Foundation.[21][22] In 2023, Ainslie was a part of an investment group led by Josh Harris that purchased the Washington Commanders, an American football team belonging to the National Football League, for $6.05 billion.[23][24] The deal was the highest price ever paid for a sports team.[25]
Personal life
He and his wife Elizabeth have two sons.[26]
References
- ^ "PORTFOLIO-MANAGER MIT 14 – LEE AINSLIE". Traderfox. 19 September 2018. Retrieved 2019-10-16.
- ^ McKinsey & Co. Value: The Four Cornerstones of Corporate Finance. Chapter 6. John Wiley and Sons, 2011. ISBN 0470424605, ISBN 978-0470424605.
- ^ "Ainslie's Maverick Cap backfires in August," Reuters, September 11, 2011
- ^ "Comeback Kid," Institutional Investor, December 19, 2007
- ^ a b "Maverick Capital Ltd.", Bloomberg Businessweek
- ^ "Archived copy" (PDF). Archived from the original (PDF) on 2014-09-05. Retrieved 2013-04-12.
{{cite web}}
: CS1 maint: archived copy as title (link) - ^ "Lee S. Ainslie III,"[dead link ] Bloomberg Businessweek (profile)
- ^ "Institutional Investor". Institutional Investor. Retrieved 2019-10-16.
- ^ "A calm exterior: Face to Face with Lee Ainslie," Pensions & Investments, June 11, 2007
- ^ "Tiger Management Helps Next-Generation Funds," The New York Times, July 30, 2012
- ^ "The Lone Star State attracts plenty of financial whizzkids," The Economist, July 30, 2011
- ^ "Comeback Kid," Institutional Investor, December 19, 2007
- ^ "The World's Billionaires," Forbes, March 5, 2008
- ^ "Hedge Funds Trail Stocks by the Widest Margin Since 2005," Bloomberg, December 6, 2013
- ^ "The Top 10 Hedge Funds to Watch in 2013," Worth magazine
- ^ Burton, Katherine. Hedge Hunters. Chapter 6. John Wiley and Sons, 2010. ISBN 0-470-88518-1, ISBN 978-0-470-88518-5.
- ^ Peltz, Lois. New Investment Superstars. Chapter 5. John Wiley and Sons, 2001. ISBN 047140313X, ISBN 978-0471403135
- ^ Weiss, Stephen. The Big Win. Chapter 5. John Wiley and Sons, 2012. ISBN 0470916109, ISBN 978-0470916100
- ^ "Meet Mitt Romney's Hedge Fund Backers," Institutional Investor, October 12, 2012
- ^ "Mitt Romney shifts campaign focus back to the economy," The Christian Science Monitor, September 14, 2012
- ^ "About," robinhood.org.
- ^ "The legend of Robin Hood," Fortune magazine, September 8, 2006
- ^ Maske, Mark; Jhabvala, Nicki (July 20, 2023). "NFL owners approve sale of Commanders from Daniel Snyder to Josh Harris". The Washington Post. Retrieved July 21, 2023.
- ^ "Josh Harris Announces Acquisition of Washington Commanders" (Press release). Washington Commanders. July 21, 2023. Retrieved July 21, 2023.
- ^ Jhabvala, Nicki (July 20, 2023). "The Commanders sale was so complicated, it was 'like 20 deals in one'". The Washington Post. Retrieved July 23, 2023.
- ^ Capitalize for Kids Investors Conference 2014 (biography)
Further reading
- "A calm exterior; Lee Ainslie's soft-spoken demeanor cloaks a hard-headed investor with a relentless focus on performance.(Face to Face Lee Ainslie)," Pensions & Investments, June 11, 2007
- "The Legend of Robin Hood," Fortune, September 8, 2006
- "Wall Street's Elite," Forbes, September 10, 2001
- "Inside a hedge fund: An interview with the managing partner of Maverick Capital," McKinsey Quarterly, April 2006