Any info on Viking?
From the very limited information I've been able to gather, Viking isn't a traditional SM, but it's also not a pod shop, but it has features of both. A bunch of PMs & analysts running their own books separated by sector yet with looser risk limits than a MM, and no quarterly/short term/market neutral investment style. Can anyone comment on how Viking operates differently from Tiger Global/? We've all heard the tale of a young PM @ Viking who supposedly made like $30mm and is now starting his own shop (btw anyone have any info on this? sounds like a crazy story). $30mm is definitely not the norm for a PM at Viking, but how much do the other PMs pull in during an average or good year? I don't know if this is right, but the nature of Viking (not really SM but not really MM either) tells us 2 things:
It's probably harder to KEEP your seat at Viking than other Tiger Cubs. Viking probably has high turnover (maybe not Coatue high but you get the point)
Eat what you kill model + big AUM + not many PMs/analysts/IPs in general = you can probably make more at Viking than at any other Tiger cub, if you are a PM/partner and have an incredible year (emphasis on having a good year). Here, everything is in your control and you are calling the shots, but there's no short term quarterly investment style and it's not market neutral, and it is quite literally eat what you kill, unlike the Tiger Globals/Lone pines of the world (to my knowledge...) where the entire fund needs to perform well for you to get that same level of comp