Lee_Ainslie

Lee Ainslie

Lee Ainslie

American businessman (born 1964)

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 (NFL).

Quick Facts Born, Alma mater ...

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 (NFL), 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

  1. [1]
    "PORTFOLIO-MANAGER MIT 14 – LEE AINSLIE". Traderfox. 19 September 2018. Retrieved 2019-10-16.
  2. [2]
    McKinsey & Co. Value: The Four Cornerstones of Corporate Finance. Chapter 6. John Wiley and Sons, 2011. ISBN 0470424605, ISBN 978-0470424605.
  3. [3]
    "Ainslie's Maverick Cap backfires in August," Reuters, September 11, 2011
  4. [4]
    "Comeback Kid," Institutional Investor, December 19, 2007
  5. [5]
    "Maverick Capital Ltd.", Bloomberg Businessweek
  6. [6]
    "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)
  7. [7]
    "Lee S. Ainslie III,"[dead link] Bloomberg Businessweek (profile)
  8. [8]
    "Institutional Investor". Institutional Investor. Retrieved 2019-10-16.
  9. [9]
    "A calm exterior: Face to Face with Lee Ainslie," Pensions & Investments, June 11, 2007
  10. [10]
    "Tiger Management Helps Next-Generation Funds," The New York Times, July 30, 2012
  11. [11]
    "The Lone Star State attracts plenty of financial whizzkids," The Economist, July 30, 2011
  12. [12]
    "Comeback Kid," Institutional Investor, December 19, 2007
  13. [13]
    "The World's Billionaires," Forbes, March 5, 2008
  14. [14]
    "Hedge Funds Trail Stocks by the Widest Margin Since 2005," Bloomberg, December 6, 2013
  15. [15]
    "The Top 10 Hedge Funds to Watch in 2013," Worth magazine
  16. [16]
    Burton, Katherine. Hedge Hunters. Chapter 6. John Wiley and Sons, 2010. ISBN 0-470-88518-1, ISBN 978-0-470-88518-5.
  17. [17]
    Peltz, Lois. New Investment Superstars. Chapter 5. John Wiley and Sons, 2001. ISBN 047140313X, ISBN 978-0471403135
  18. [18]
    Weiss, Stephen. The Big Win. Chapter 5. John Wiley and Sons, 2012. ISBN 0470916109, ISBN 978-0470916100
  19. [19]
    "Meet Mitt Romney's Hedge Fund Backers," Institutional Investor, October 12, 2012
  20. [20]
    "Mitt Romney shifts campaign focus back to the economy," The Christian Science Monitor, September 14, 2012
  21. [21]
    "About," robinhood.org.
  22. [22]
    "The legend of Robin Hood," Fortune magazine, September 8, 2006
  23. [23]
    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.
  24. [24]
    "Josh Harris Announces Acquisition of Washington Commanders" (Press release). Washington Commanders. July 21, 2023. Retrieved July 21, 2023.
  25. [25]
    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.
  26. [26]
    Capitalize for Kids Investors Conference 2014 (biography)

Further reading
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