Investing

Tiger Global’s Hedge Fund Sinks 34% This Year as Key Stocks Fall

Investments in some private companies also marked down
Firm said in letter it’s “reassessing and refining our models”

Chase Coleman
Photographer: Amanda L. Gordon/Bloomberg

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By Hema Parmar

April 1, 2022 at 11:53 PM UTC

This article is for subscribers only.

Things have gone from bad to worse at Tiger Global Management’s flagship hedge fund.

The vehicle fell nearly 34% in the first quarter, due to poor-performing stocks and markdowns of private holdings, according to an investor letter seen by Bloomberg.