Tiger Global Hit Hard On Shorts; Down 6% In Q1

Tiger Global long / short fund had difficulty in the first quarter on one distinct side of the ledger, but the recently launched Internet Opportunities fund delivered strong performance as did the Long Opportunities offering.

Tiger Global hit on shorts, has confidence these loses are not permanent

Chase Coleman  and Feroz Dewan's Tiger Global was down -5.5 percent in the first quarter of 2015, according to Tiger Global investor documents reviewed by ValueWalk. The entirety of this loss was due to the short positions, the document said, which it noted “do not represent permanent capital losses” as the firm remains committed to the short positions turning around. It...