The Tigers Are Loose at Tiger Management

Flying (the Coop) at Tiger

SAN FRANCISCO -- There are NO rumors of additional performance problems; nothing of that ilk. But the fact remains the exodus by employees at Tiger Management continues.

The latest round of departures (or soon to depart) includes Chris Shumway, a member of the management committee and managing director in the macro area of the legendary hedge fund. Shumway, who declined to comment, is leaving to run "family money," according to a Tiger spokesman. Others heading for the exits include analysts Charlie Anderson and Tom Purcell.

While Shumway's pending departure (he was still at Tiger today) is more significant, the experiences of Anderson and Purcell may be more telling. But telling of what remains the question. ...