Chase Coleman’s Tiger Global, a top TMT Hedge Fund, launches Internet Focused Hedge Fund with $700M

February 17th, 2015
| More
It appears that the tech boom of 2001 has resurfaced for one of the Julian Robertson’s Tiger Cubs. Tiger Global Management, the TMT focused hedge fund that is led by Chase Coleman, has reportedly raised $700M for a new internet focused hedge fund.

Tiger Global is the seventh largest TMT investor on the Top 75 TMT Hedge Fund List, having reported $4.1B in TMT assets, accounting for nearly 60% of the firm’s equity assets under management.

According to Bloomberg News, Tiger Global will pepper their new hedge fund with strong internet investment ideas. NYC -based Tiger Global invested in more than 100 various online businesses over the past 13 years. According to a investment letter, Coleman’s online bets returned 17 percent to Tiger Global’s investors during 2014.
For Detailed Investor Profiles on these Investors, click below:
Tiger Global Management
Tiger Management
Related People: Alex Robertson; Chase Coleman; Feroz Dewan; John Townsend; Julian Robertson; Julian Robertson; Neeraj Chandra
Related Entities: Tiger Asia; Tiger Consumer; Tiger Global; Tiger Management LLC; Tiger Shark Management; Tiger Veda; Tiger Fund *; Tiger Global Funds; Tiger Jaguar Fund*; Tiger Management Corp; Tiger Management Corporation; Tiger Management LP; Tiger Puma*; Tiger Technology LP
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Spotlight Reports; Hedge Fund Launches and Hedge Fund Closings


More Recent Headlines

Increased Volatility convinces Dan Loeb to alter Third Point’s risk profile

California edges out Connecticut, Massachusetts and Illinois, claiming #2 spot on the Top States for Hedge Funds List

Leading Biotech & Healthcare Hedge Funds manage nearly $100 Billion; Gainers accumulate $5.2 Billion

The New CEO Activist Hedge Fund Makes No Sense

DE Shaw, Citadel and Lone Pine largest Consumer Discretionary hedge fund investors

Top Hedge Funds retain strong allocations to Energy Sector: Citadel and Icahn named largest Energy sector investors

Mark Carhart flies, Paul Tudor Jones limps, and John Paulson tumbles

SAC Capital and Highfields veterans finalize $1 billion launch plans for Folger Hill Asset Management

Douglas L. Braunstein and James C. Woolery launch Hudson Executive Capital

Thanks to a White Knight, Bill Ackman’s Allergan activist campaign ends with $2.5 billion profit