Thursday, April 4, 2013

People: Maverick Capital partner Michael Pausic to launch own firm



Maverick Capital's Pausic, who oversees media and telecommunications investments at the $9 billion hedge fund, will be starting his own hedge fund, two people familiar with the matter said.

Pausic, who joined Maverick in 1997, four years after Lee Ainslie founded the firm in 1993, has wanted to branch out beyond media and telecommunications for some time and will receive a significant investment from Maverick's partners to launch his own firm, one of the two people familiar with the matter told Reuters’ Svea Herbst-Bayliss...

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