Jacobs Departs Internet Fund
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Wednesday, June 23, 1999

Jacobs Departs Internet Fund

In a move that has seemed imminent of late, Ryan Jacobs has stepped down as manager of the Internet Fund (WWWFX).

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  • The new management team will consist of a new executive advisor, Steven Tuen, Peter Doyle, 37, co-founder of The Internet Fund and Kinetics Asset Management, Inc and two research analysts.

    Doyle told the that the company would be adding another analyst in the near future and that Jacobs would remain at the company for a few days to assist in the management transition.

    Tuen, has 8 years experience in portfolio management and investment research. He is currently the director of research of The IPO Value Monitor.

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