In a letter that might've fallen under the rug during the week of Thanksgiving, Tiger Global announced that Scott Shleifer is transitioning his role at the firm to senior advisor, effective at the New Year. In his new role, he will advise on the firm's investing activities across the breadth of its funds.
Changing of the guard at Tiger Global's PE business
The move is particularly critical for Tiger Global's private-equity business, given Shleifer's key role in launching it by identifying undervalued private internet companies in China in 2003. In his letter to investors, Tiger founder Chase Coleman described Shleifer as "a world-class investor" and "one of the true pioneers of the crossover investing model," which has brought PE holdings under the...