Hedge Fund - Ancient Art (Teton Capital)

Quincy Lee's Ancient Art (Teton Capital) is located in Austin, Texas, and has around $400 million in assets under management. Teton raised a significant chunk of this capital in the spring of 2010, where it gathered $194 million from 80 investors. Quincy Lee is a former executive of the publicly traded Rackspace Hosting, and about two-thirds of his equity investments are focused in the Technology and Services sectors. It returned 21% a year between 2001 and 2011.