Tiger Global Up 22%

Oct 4 2012 | 12:40pm ET

Tiger Global Management was one of the best-performing hedge funds of last year, and it's hardly slowed down this year.

The $6 billion New York-based fund is up 22.4% this year, 10 times better than the average hedge fund return according to some industry indices. Tiger Global added 1.5% to its margin in September, Reuters reports.

The fund burst onto the scene last year with a 45% return, earning firm founder Chase Coleman his first appearance on Forbes magazine's ranking of the wealthiest Americans. Coleman, a Tiger Management veteran, manages the firm alongside Feroz Dewan.

At the end of the second quarter, Tiger Global's largest holdings were Apple Inc., Yandex and Google Inc.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note