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Tiger Global’s Hedge Fund Posts 15% Monthly Drop, Pushing Year’s Loss to 44%

  • Chase Coleman’s hedge fund is heading for its worst year ever
  • It declined 15% in April, extending this year’s drop to 44%
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WATCH: Chase Coleman’s firm is headed for its worst year since it was founded in 2001.Source: Bloomberg
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Tiger Global Management’s performance problems are mounting, with Chase Coleman’s firm losing about $16 billion during the first four months of the year. 

His main hedge posted a 15% decline in April, extending the 2022 loss to 44%, according to people familiar with the matter. Its long-only fund was hit even worse, tumbling 25% last month and 52% for the year, the people said.