An Investment that’s Paying Dividends (on many levels)

| March 08, 2012

Deefield Academy featured prominently in January when Bloomberg ran a piece by writers Anthony Effinger, Katherine Burton and Ari Levy titled "Top Hedge Fund Returning 45% Under Julian Robertson’s 36-Year-Old Disciple."

This is not an earth shattering headline if you're familiar with Julian Roberston and the success of his Tiger Management Corp. in running investment funds from roughly 1980-2000.

The article registers with us because of its boarding school and education themes.

Roberton invested in the careers and firms of his money managers as they ventured off on their own after Tiger's closing- Tiger Cubs as the offspring are known.

The Bloomberg piece highlights the success of one Tiger Cub, Charles Payson Coleman III who is a Deerfield alumnus. Coleman's returns have been stellar. Admirably adhering to discretion, Coleman declined to be interviewed by Bloomberg.

Robertson himself is an alumnus of Episcopal High School (VA) and supports education through The Robertson Scholars Program which supports recipients (18 at each school) at Duke and the University of North Carolina. Robertson Scholars are extended unique opportunities in that they're able to take courses on either campus with a support system that includes transportation.