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Venture Capital · Profile from Venture Capital Research Companion

Tiger Global Management

The New York "Tiger cub" hedge fund whose private-investment arm turned public-market discipline, emerging-market e-commerce bets and, later, speed and price-insensitive growth checks into one of the largest venture programmes ever, then became the defining cautionary tale of the 2021 bubble before shrinking back to small, concentrated funds.

At a glance

Founded
2001, New York City (as Tiger Technology Management; renamed Tiger Global)
Founders
Charles P. "Chase" Coleman III, seeded with ~$25m by Julian Robertson of Tiger Management (reported)
Headquarters
New York City (9 West 57th Street); historically small offices or representatives in India, China and elsewhere
Ownership / structure
Private partnership; SEC-registered investment adviser running long/short hedge funds, a long-only fund and the Private Investment Partners (PIP) series of closed-end venture/growth funds
Leadership (2026)
Chase Coleman (founder; chairs the private-investment committee since Jan 2024); partners including Evan Feinberg, Eric Lane and Griffin Schroeder on the private side; Scott Shleifer (head of private investing 2003–2023) senior adviser from Jan 2024
AUM / capital raised
Peak ~$95bn+ firm-wide (late 2021, reported); ~$50bn (2025, reported). PIP funds raised ~$40bn+ cumulatively, including PIP 14 (~$6.7bn), PIP 15 (~$12.7bn) and PIP 16 (~$2.2bn)
Stage focus
Historically growth and pre-IPO secondaries; 2019–2022 everything from Series A to late growth; 2024–2026 concentrated growth, with AI as a large theme
Signature investments
Facebook and LinkedIn (pre-IPO secondaries), Flipkart, JD.com, Ola, Nubank, Zynga, ByteDance (reported), Revolut (reported); failures and disappointments: FTX, the 2021 vintage broadly (Hinge Health and others marked or exited below entry), Byju's-era Indian marks (reported)

9 deals and moves analysed

Each one gets a full strategy file in the companion: context, the decision, the financing, what happened, and the lesson.

  1. 2009

    Facebook

    Pre-IPO Secondary Purchases

  2. 2009

    Flipkart

    Early Growth Investment

  3. 2009

    LinkedIn

    Pre-IPO Secondary Purchases

  4. 2009

    Zynga

    Late-Stage Growth Round

  5. 2010

    JD com

    Growth Round

  6. 2012

    Ola

    Series A

  7. 2015

    Nubank

    Series B

  8. 2021

    FTX

    Growth Rounds

  9. 2021

    Hinge Health

    Series E