Lee Ainslie | |
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Born | Lee S. Ainslie III 1964 (age 59–60) Alexandria, Virginia, U.S. |
Alma mater | |
Known for | Founding Maverick Capital |
Title |
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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. 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. 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.
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. Ainslie helped form Maverick Capital in 1993 at the invitation of billionaire Sam Wyly. Maverick Capital was reported to have $9 billion under management in 2013.
Ainslie has been profiled in books such as Hedge Hunters, by Katherine Burton, New Investment Superstars by Lois Peltz. and The Big Win by Stephen Weiss.
Ainslie supported Mitt Romney in the 2012 U.S. presidential election. He is on the board of directors of the Robin Hood Foundation. 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. The deal was the highest price ever paid for a sports team.
Personal life
He and his wife Elizabeth have two sons.
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
- ^ "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," 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