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Original “Tiger Cub” Chopra Closing Tiger Veda Management

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Mark Melin
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Manish Chopra is closing his Tiger Veda Management fund, ValueWalk has learned. The “Tiger Cub” Chopra ran a long/short equity fund with nearly $488.3 million under management near the end of 2014.

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Tiger Veda Mahnish Copra Chopra
Tiger Veda's top five holdings per latest SEC filing. Chart via S&P Capital IQ

With 13 employees, $488 million “Tiger Cub” closes doors as Avis Budget hurts

In a letter to investors reviewed by ValueWalk, Chopra said he is “frustrated by the paucity of meaningful long ideas in a bull market nearing the completion of its 7th straight year.” The move to close Tiger comes after Chopra generated...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.