Chase Coleman’s Tiger Global Records 14.8% January Loss
(Bloomberg) -- Tiger Global Management's hedge fund tumbled 14.8% last month as rising inflation and the specter of Federal Reserve rate hikes roiled equity markets, according to a person familiar with the matter.
Chase Coleman's firm, with about $100 billion under management at year-end, saw its hedge fund fall 7% in 2021, its first annual loss since 2016 and just the third in Tiger's two-decade history.
The Wall Street Journal reported on last month's performance earlier Wednesday.
©2022 Bloomberg L.P.
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