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Rating:RCG Faces the Valeant Music, In Person Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, May 20, 2016

RCG Faces the Valeant Music, In Person

News summary by MFWire's editors

David Poppe and his team are about to face the Valeant music, in person. And that's a rare thing for fundsters.

David Poppe
Ruane, Cunniff & Goldfarb
Today in New York City the Ruane Cunniff and Goldfarb [profile] team will hold their annual investor day for their flagship, $5.1-billion Sequoia Fund. Daisy Maxey of the Wall Street Journal highlights Sequoia's investor day.

This will be Sequoia's first investor day since Bob Goldfarb retired and handed the CEO reins to Poppe after Valeant's woes hit Sequoia hard. RCF, along with Baron and Weitz, is one of the few fund firms that does investor days for individual investors, and the WSJ says that RCF has done so since the 1980s. 

Edited by: Neil Anderson, Managing Editor

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