Lee Ainslie

Lee S. Ainslie III (born 1964) is an American businessman who founded the hedge fund firm Maverick Capital. He is a value investor.[2][3]

Lee S. Ainslie
Born1964 (age 58–59)[1]
Alexandria, Virginia, US[1]
Alma materUniversity of Virginia
University of North Carolina
UNC Kenan–Flagler Business School
TitleFounder, Maverick Capital
SpouseElizabeth Ainslie
Children2

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 Management LP was reported to have $9 billion under management at year-end 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 charitable organization the Robin Hood Foundation.[21][22] In 2023, Ainslie was a part of an investment group led by Josh Harris that reached an agreement to purchase the Washington Commanders, an American football team belonging to the National Football League (NFL), for $6.05 billion. The deal, the largest for any sports franchise in history, is expected to be ratified at a league meeting in late May.[23]

Personal life

He and his wife Elizabeth have two sons.[24]

References
  1. "PORTFOLIO-MANAGER MIT 14 – LEE AINSLIE". Traderfox. Retrieved 2019-10-16.
  2. McKinsey & Co. Value: The Four Cornerstones of Corporate Finance. Chapter 6. John Wiley and Sons, 2011. ISBN 0470424605, ISBN 978-0470424605.
  3. "Ainslie's Maverick Cap backfires in August," Reuters, September 11, 2011
  4. "Comeback Kid," Institutional Investor, December 19, 2007
  5. "Maverick Capital Ltd.", Bloomberg Businessweek
  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. "Lee S. Ainslie III," Bloomberg Businessweek (profile)
  8. "Institutional Investor". Institutional Investor. Retrieved 2019-10-16.
  9. "A calm exterior: Face to Face with Lee Ainslie," Pensions & Investments, June 11, 2007
  10. "Tiger Management Helps Next-Generation Funds," The New York Times, July 30, 2012
  11. "The Lone Star State attracts plenty of financial whizzkids," The Economist, July 30, 2011
  12. "Comeback Kid," Institutional Investor, December 19, 2007
  13. "The World's Billionaires," Forbes, March 5, 2008
  14. "Hedge Funds Trail Stocks by the Widest Margin Since 2005," Bloomberg, December 6, 2013
  15. "The Top 10 Hedge Funds to Watch in 2013," Worth magazine
  16. Burton, Katherine. Hedge Hunters. Chapter 6. John Wiley and Sons, 2010. ISBN 0-470-88518-1, ISBN 978-0-470-88518-5.
  17. Peltz, Lois. New Investment Superstars. Chapter 5. John Wiley and Sons, 2001. ISBN 047140313X, ISBN 978-0471403135
  18. Weiss, Stephen. The Big Win. Chapter 5. John Wiley and Sons, 2012. ISBN 0470916109, ISBN 978-0470916100
  19. "Meet Mitt Romney's Hedge Fund Backers," Institutional Investor, October 12, 2012
  20. "Mitt Romney shifts campaign focus back to the economy," The Christian Science Monitor, September 14, 2012
  21. "About," robinhood.org.
  22. "The legend of Robin Hood," Fortune magazine, September 8, 2006
  23. Jones, Jonathan. "Commanders sale: Josh Harris' group reaches agreement with Dan Snyder family for $6.05 billion purchase". CBS Sports. Retrieved 12 May 2023.
  24. Capitalize for Kids Investors Conference 2014 (biography)
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