Home Stocks News Here’s what Chase Coleman, manager of the red-hot Tiger Global hedge fund, is betting on now

Here’s what Chase Coleman, manager of the red-hot Tiger Global hedge fund, is betting on now

by FxFinanceStockNews


Chase Coleman, founder of Tiger Global Management LLC

Amanda L. Gordon | Bloomberg | Getty Images

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Chase Coleman and his Tiger Global hedge fund added positions in PayPal and Alphabet and raised their position in Slack last quarter, continuing a history of big bets on technology companies.

Coleman is a protégé of legendary investor Julian Robertson, who closed his Tiger Management fund in 2000 and gave Coleman $25 million to strike out on his own.

Coleman has made his name as a growth investor, specifically with tech stocks. The fund, which also has a large private equity company, gained 33% last year and its total assets have grown by 80% since May 2015, according to Bloomberg.

Tiger Global has positions in six public companies that are valued at more than $1 billion, according to a securities filing released Friday.



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