Tiger Global’s Losses Grow On China Sell Off

Tiger Global Management was one of Wall Street’s most enthusiastic China bulls until this year. 

The hedge fund, which managed around $100 billion at its peak across public and private investments, halted new investments in China at the beginning of this month according to the Wall Street Journal. 

At the end of the second quarter, Chinese e-commerce giant JD.com was the largest holding in the hedge fund’s public equity portfolio based on the firm’s 13F. 

As these SEC reports only show US-listed equity holdings, it’s difficult to determine the exact exposure of the hedge fund to China.

However, at Tiger’s peak, in the second...