Viking Hedge Fund Moves Into Big Data Following Other Tiger Cubs
- Halvorsen’s firm is said to hire small team to clean data sets
- Viking follows Coatue, Maverick seeking to find a trading edge
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Andreas Halvorsen, who heads one of the largest and oldest equity-hedge funds, is stepping into the world of big data.
The $25 billion Viking Global Investors has hired a small team to build a big-data platform, according to a person familiar with the firm. The engineers, analysts and platform architects are collecting and cleaning alternative information sets to help inform Viking’s portfolio managers and analysts.