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Tim Barakett Leaving Atticus Capital

In a letter to investors today, Tim Barakett of activist hedge fund manager Atticus Capital announced that he was leaving the firm and winding down his Atticus Global Fund. Mr. Barakett claims he is leaving to spend time with his family, but according to an article by Teri Buhl, it’s likely that fighting over investment strategies with partner David Slager is the real reason.

According to the article, Mr. Slager will remain with the firm and continue to manage his Atticus European Fund. To see the complete article on hf-implode.com, please click Was Barakett pushed out of Atticus Capital?

Mr. Barakett founded Atticus Capital in 1995. For more information on the firm, please see its “Detailed Investor Profile”:
http://www.hedgetracker.com/fund/Atticus-Capital

To see HedgeTracker’s Complete Hedge Fund Directory, click here.