Tiger Global’s 20-Year Run in China Hits Snag on Crackdowns
- Firm leads U.S. hedge fund peers with exposure to China ADRs
- Tiger Global bullish on nation even amid regulatory changes
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After making a fortune in China for two decades, Tiger Global Management is taking a hit from the nation’s unexpectedly widespread regulatory crackdown.
Chase Coleman’s $65 billion firm, at least by one measure, leads U.S. hedge fund peers with exposure to the country and has seen some of its biggest stakes plunge during this week’s selloff in Chinese stocks.