Tiger Global Management News
15 articles
Tiger Global VC Fund Closes 63% Below Target With $2.2 Billion
Tiger Global Management has raised about $2.2 billion for its latest venture-capital fund, falling short of its $6 billion target. This is the smallest fundraising haul for the company in about a decade. The final close of the Private Investment Partners 16 fund marks the first time a Tiger venture pool has attracted less cash than the previous one.
Investment
Tiger Global chieftain Scott Shleifer transitions to advisory role after wild ride | TechCrunch
Tiger Global Management is undergoing a significant management change. Founder Chase Coleman is taking over the firms public company investing and private equity businesses, while Scott Shleifer, the longtime head of the latter, becomes a senior advisor. The decision was made by Shleifer, largely due to his desire to stay in Florida where his family resides. Tiger Global, however, operates out of New York. This comes after a period of rapid-fire investments in startups by the firm, which impacted returns when the market shifted.
Management Changes
Tiger Global Nears Deal to Sell Slice of Cohere Stake at $3 Billion Valuation
Tiger Global Management is nearing a deal to sell part of its stake in Cohere at a $3 billion valuation, marking a 40% increase from Coheres last financing round in June. Tiger is selling a 2.1% stake for $63 million, which is equal to its initial investment in Cohere. Tiger will retain a 5% stake in Cohere after the sale.
Investment
Tiger Global Rejects Hundreds of Offers for Its Stakes in Private Companies
Tiger Global Management has turned down low offers for its private assets, which were bought at higher valuations in recent years. The firm had explored selling stakes in startups to provide cash distributions to investors in older funds. This decision comes at a time when other exit opportunities, such as initial public offerings, are scarce.
Investment
טייגר גלובל לא עומדת ביעדים: גייסה רק 45% מהמטרה...
טייגר גלובל, חברת ההשקעות הניו יורקית, גייסה רק 45% מהיעד שהציבה לקרן החדשה בסתיו האחרון. סכום הקרן עומד על 2.7 מיליארד דולר, בעוד המטרה הייתה לגייס 6 מיליארד. גיוס זה הוא נמוך פי חמישה מהקרן הקודמת שגייסה החברה בשנה שעברה. טייגר גלובל ממשיכה לגייס הון נוסף בשלב זה.
Investment
Tiger Global writes down venture funds' bets by 33 pc in 2022: Report
קרנות הענק טייגר גלובל, סופטבנק וקוטו לוקחות צעד אחורה מישראל
Will Israeli startups pay the price for Tiger Global's losses? | CTech
Venture capital giant Tiger Global suffered heavy losses in the first half of the year and did not benefit from the recent market surge. The company sold a significant stake in its holdings in tech companies during the second quarter and missed out on the rally in July. Tiger Globals executives made decisions that seemed panicked and inexperienced, selling shares at a high magnitude. The companys holdings have decreased from $46 billion to $12 billion, impacting its investments in illiquid startups. Tiger Global has also announced a shift in focus towards early-stage startups and has approached local VCs to join their funding rounds.
Investment
המשבר בהייטק: קרן ענק חותכת בחצי את ההשקעות בסטארט־אפים
Tiger Global, a prominent investor in Israeli tech companies, has significantly reduced its investments in private tech companies since March. The average monthly volume of funding rounds led by the fund over the past three months has dropped by more than half compared to the same period last year. This comes after a paper loss of $17 billion in the value of its public companies in the first quarter of the year, a 52% decrease compared to the capital it managed last year. Tiger Global has invested in nearly 1,200 companies, a high number for a tech investment fund. However, some of its investments, such as in Peloton and Allbirds, have proven particularly painful after their IPOs and recovery from the COVID-19 pandemic.
Investment
Tiger Global Partners Commit $1 Billion for Early-Stage Tech Funds
Tiger Global Management partners have committed $1 billion of their own cash to invest in seed funds that focus on backing the youngest startups. This unprecedented commitment allows Tiger Global to become the largest investor in dozens of new seed funds, giving them exposure to more early-stage startups they can invest in later.
PartnersInvestment
Exclusive: Tiger Global is raising a new $3.75 billion venture fund, one year after closing its last
Tiger Global Management is raising a new $3.75 billion venture fund called Tiger Private Investment Partners XIV. The fund comes after the firms twelfth venture fund, which also had $3.75 billion in capital commitments. Tiger Global has had successful investments in companies like Yatsen Holding, Snowflake, and Root insurance. The firm has also seen some of its portfolio companies being acquired by larger tech companies. Tiger Globals private equity arm is currently managing assets of $30 million. The firms investors include sovereign wealth funds, foundations, endowments, pensions, and its own employees. Tiger Global has a strong track record of successful investments.
Investment
Tiger Global has reportedly closed $3.75 billion for its 12th venture fund, focus on US, China and India - The Tech Portal
Tiger Global Management has closed a $3.75 billion global private investment vehicle, focusing on tech startups in India, China, and the US. The firm had closed 23 deals in India in 2019 after a three-year hiatus. Despite the departure of the head of private investments, the firm remains aggressive and is in talks with startups Dream11 and Public for investments. Other firms like Accel and Sequoia have also raised funds to back startups in India and Southeast Asia.
Investment
Looks like Tiger Global Management just closed the second biggest venture fund this year
Tiger Global Management has closed its newest venture fund with $3.75 billion, making it one of the largest venture funds this year. The fund will focus on enterprise and direct-to-consumer companies in the US, China, and India. Tiger Global Management has seen recent successes with investments in Flipkart, Glassdoor, Spotify, Eventbrite, and SurveyMonkey. The firm manages roughly $26 billion, with about half of that being invested in venture-backed startups. Tiger Global Management has made contrarian investments, including a stake in SoftBank Group and an investment in Juul. The firms investors are not publicly disclosed.
Investment
Tiger Global Closes $2.5 Billion More To Continue Its Startup Investment Spree
Tiger Global, a New York-based hedge fund, has raised $2.5 billion in capital for new deals. The firm has been actively investing in over 50 companies in 2015 alone. Tiger Global lost two top executives earlier this year but has continued to expand its portfolio, particularly in India. The firm has invested in several Indian companies, including Flipkart, Ola, Grofers, and Saavn. It has also backed international startups such as Jet.com, Postmates, and Credit Karma. The new capital is expected to be used for doubling down on existing investments in India and seeking out new investment opportunities worldwide.
Investment
Tiger Global Raises $2.5 Billion For New Deals
Investment firm Tiger Global has closed $2.5 billion in new funding, which will be split between a new $1.5 billion Global Internet Opportunities fund and a $1 billion Global Long Opportunities fund. Tiger Global is deeply committed to Indias startup ecosystem and has investments in startups across various verticals, particularly in e-commerce and taxi-booking apps. The firms recent investments include participation in Flipkarts $1 billion round and Olas $210 million raise. Tiger Global may use the new funding to expand its portfolio in India and other regions. The firm has a history of investing in big names like Facebook and LinkedIn.
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