FT商學院

How Tiger Global withdrew its claws when the tech bubble burst

Chase Coleman’s hedge fund has slashed riskier holdings in favour of more stable companies

As financial markets soared in 2021, fuelled by a pandemic surge in technology stocks that made Tiger Global one of the most successful hedge funds on the planet, the firm invited in US downhill skier Lindsey Vonn to offer advice to about 30 investors.

Tiger’s analysts quizzed Vonn on how she recovered from a traumatic crash at the super-G world championships in 2013, suffered through a year of rehabilitation and, in her second race back, became world champion again.

Now, the New York-based hedge fund, which managed over $90bn in assets at its peak, is drawing on the lessons of her recovery, say people familiar with the matter, after its flagship fund shed about half its value by July, causing billions of dollars in investor losses. 

您已閱讀11%(741字),剩餘89%(5992字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。
版權聲明:本文版權歸FT中文網所有,未經允許任何單位或個人不得轉載,複製或以任何其他方式使用本文全部或部分,侵權必究。
設置字型大小×
最小
較小
默認
較大
最大
分享×