Tiger Cub Goel Closes $11 Billion Firm, Citing Health Issues.

GENERATIVE artificial intelligence; PRIVATE equity funds; MACHINE learning; SCIENCE & industry; DECISION making; HEDGE funds

David Goel, the founder of Matrix Capital Management, is closing his $11 billion hedge fund due to health issues. Goel, who previously worked for Julian Robertson's hedge fund, Tiger Management, has not disclosed the nature of his illness. Matrix Capital Management focuses on concentrated, tech-focused stock bets, particularly in the artificial intelligence and life sciences industries. The firm's biggest holdings include Nvidia Corp., Qualcomm Inc., and TransDigm Group Inc. Goel and his wife also made a $100 million donation to Harvard University in 2019. [Extracted from the article]

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