Tuesday, 1 September 2015
Last updated 1 hour ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…