Hedge Fund Up 121% Sees Zillow, Snowflake as Next-Gen Faangs
- Jackson’s EMJ hunts growth stocks that can double or triple
- International growth could light up Match Group shares
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Eric Jackson’s long-short fund has more than doubled this year because of profitable bets on tech firms that thrived when the coronavirus hit. Now he’s on the hunt for a new generation of growth stocks.
His Toronto-based hedge fund, EMJ Capital Ltd., owned Zoom Video Communications Inc., Delivery Hero SE and other stay-at-home stocks that have soared. With the fund up 121% this year as of Nov. 30, Jackson has now trimmed his position in some of those winners to focus on the next group of tech firms that he thinks have strong growth trajectories after the pandemic.