Markets
Tiger Global Raises $8.8 Billion in First Close of Biggest Fund
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The PIP 15 fund will invest in internet technology companies
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Firm assets have more than tripled to $95 billion since 2018
Chase Coleman’s Tiger Global Management has attracted $8.8 billion in the first close of its biggest venture fund on record.
Employees kicked in about $1.5 billion, roughly $500 million more than they initially intended to invest, according to investors who asked not to be identified because the information is private.