Saturday, 22 October 2016
Last updated 6 hours ago
Aug 1 2012 | 1:41pm ET
Tiger Management cub Chase Coleman may soon have a litter of his own.
A former manager at Coleman's high-flying Tiger Global Management will launch his own fund, tentatively by the end of the year, Hedge Fund Alert reports. Amit Doshi, a managing editor and four-year veteran of the firm, left New York-based Tiger Global to prepare his new firm in April.
The new fund will employ a strategy similar to Tiger Global, which was the best-performing billion-dollar hedge fund in the world last year, returning 45%. It will invest in both publicly-listed stocks and private equity-style investments.
Doshi worked at Madison Dearborn Partners before joining Tiger Global.