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Tiger Global: After A Rocky 2015, Down 22% In First Quarter

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Rupert Hargreaves
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Chase Coleman’s Tiger Global Management hedge fund had a rough 2015. Net returns for the onshore Tiger Global Investments’ L.P. units bounced between -5.5% in the first three months the year, to 11.5% for the fourth quarter, before finally finishing the year by eking out a gain of 6.8% for the full-year. That’s according to the fund’s fourth quarter and full-year letter to investors, a copy of which has been reviewed by ValueWalk.

After such a rocky 12 months, Chase and his team might have been hoping for a less volatile start to 2016 but according to sources, the first three months of 2016 have been some of the most volatile months for Tiger Global on record.

According to various sources the fund, which manages...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha