Hedge fund guru closed his Tiger Fund after two years of losses, began returning cash to investors.
Chase Coleman is a Tiger Cub who went on to found hedge fund Tiger Global Management.
FORBES: Stocks Both Julian Robertson and Tiger Cub Chase Coleman Own
The Tiger Global hedge fund recently disclosed a big position of Facebook stock during the third quarter.
Coleman also bought some of his Facebook stock through his Tiger Global hedge fund, which he co-manages with Feroz Dewan.
FORBES: Hedge Fund Star Chase Coleman's Facebook Trade Generated $1 Billion
The Tiger Global hedge fund, which is co-managed by Feroz Dewan, had previously taken a small stake in Groupon during the third-quarter of the year.
Through it all, nobody traded Facebook better than Chase Coleman, the 37-year-old New York hedge fund manager who runs Tiger Global Management.
FORBES: Hedge Fund Star Chase Coleman's Facebook Trade Generated $1 Billion
He is one of the so-called Tiger Cubs who used to work for hedge fund legend Julian Robertson.
FORBES: The World's Richest Billionaire Hedge Fund Managers And Traders
Tiger Global Management, a New York hedge fund that is also a shareholder in DST, has already specialised in investing in start-ups beyond the West's well-known technology clusters.
ECONOMIST: Internet investment's new champions: The emerging online giants | The
Flipkart, an online-commerce site in India founded by two former Amazon employees, has received funding from Tiger Global, a New York-based hedge fund that specialises in this kind of investing, and Accel Partners, a venture-capital firm.
ECONOMIST: Making money by bringing old ideas to new markets
Drawing on Warren Buffett's observation that it cannot be a coincidence that a group of investors taught by Benjamin Graham can make above average returns, Mr Mallaby presents original research on the performance of a group of fund managers who worked with Julian Robertson at Tiger Management, and similarly reveals superior returns.
The TIGER program is a highly competitive program that is able to fund innovative projects difficult or impossible to fund through other federal programs.
Late last month, India's Ministry of Environment told the World Wide Fund for Nature to close the regional office that runs its Tiger Conservation Program.
应用推荐