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viking global investors reports profitable private funds amid public fund lag
Viking Global Investors reported profitability in its hybrid hedge fund and private asset fund for the third quarter, with returns of 1% and 4.2%, respectively. However, these opportunities funds have underperformed compared to Viking's public funds, which saw gains of 9.3% and 18.2% this year. The firm, managing over $48 billion, is increasing its private investments, recently participating in a $115 million Series B for Triveni Bio and acquiring a minority stake in Humaneva for $50 million.
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