Tiger cub Chris Shumway founded Shumway Capital Partners in 2002 with $70 million dollars. By February 2011, the volume of assets under management had swelled to $8 billion. During the roughly nine years the fund was in operation, it produced average annual returns of 17 percent. But, Chris Shumway decided to close the doors, all investors in the fund had their money returned by the end of March 2011. Shumway still manages his own money and those of his employees but he opted to close the doors to outsiders when investors balked at his installment of Tom Wilcox as sole portfolio manager.

Chris Shumway had planned to stay on as the CEO and Chairman of the management committee, explaining "A key to my investment success has been my ability to invest with a long-term focus," which he said he would be freer to do if he isn't managing client capital. His investors weren't having it though. They asked for over $3 billion in redemptions.

If investors had approved his plan, Chris Shumway would have been free to focus on finding a few highly profitable investment ideas each year, while managing risk in general and keeping an eye to macroeconomic trends. "That's how I started in this business," said Chris Shumway. "I'm going back to that."