Tiger Global

Tiger Global Management, LLC is an American investment firm headquartered in the Solow Building at 9 West 57th Street, New York City. Founded in March 2001 by Chase Coleman III as Tiger Technology (later renamed Tiger Global Management, LLC), the firm invests mainly in internet, software, consumer and financial technology companies. It is organized around two strategies that each manage roughly the same amount of capital: a public equity business comprising fundamentally oriented long/short, long-focused and crossover strategies aimed at high-quality public growth companies, and a private equity business investing in early- through late-stage companies. Notable public funds include Tiger Global Investments, the flagship long-short fund, and Tiger Global Long Opportunities, a long-only vehicle.

The firm describes itself as research-driven with a long-term approach to partnering with innovative companies across stages of their lifecycle, citing more than 25 years of experience, investments in more than 30 countries and more than 90 portfolio company IPOs. Reported assets under management were $55.9 billion as of May 2024, with 162 employees as of 2022. Disclosed venture and growth investments include Facebook, LinkedIn, JD.com, Flipkart, Spotify, ByteDance, Uber, Nubank, Stripe, Toast, Snowflake, Alibaba, Coinbase, Databricks, Waymo, OpenAI, Cerebras, Scale, UiPath, Quora, Nextdoor and others.

Its private equity activity is conducted through the Private Investment Partners (PIP) fund series, which began with a $99 million 2003 vintage and scaled to a $12.7 billion 2021 vintage (PIP XV) before contracting to $2.2 billion for the 2024 vintage (PIP XVI). In December 2025 the firm launched PIP 17 with a target described as $2.2 billion, or between roughly $2 billion and $3 billion.

Founding story

Chase Coleman III worked as a technology analyst at Julian Robertson's Tiger Management from 1997 to 2000, becoming a partner. When Robertson closed Tiger Management in 2000, he entrusted Coleman with more than $25 million to manage, making him one of the so-called "Tiger Cubs." Coleman founded Tiger Technology in March 2001 as a hedge fund investing in public equities; it was later renamed Tiger Global Management, LLC. Coleman holds a BA in Economics and Spanish from Williams College.

Business model

Tiger Global raises and manages pooled investment funds for outside investors, deploying capital into publicly traded equities through long/short, long-only and crossover strategies and into private companies from early through late stage via its Private Investment Partners fund series. Its stated mission is to generate returns for investors in its funds.

As an investment manager, the firm earns returns for limited partners in its hedge, long-only and private equity funds; its 2021-vintage growth fund reported 900 investors.

Traction

AUM of $55.9 billion as of May 2024. More than 90 portfolio company IPOs to date. PIP 16 was reported up 33% year-to-date and PIP 15 up 16% as of December 2025, and the firm said it had sold more than 85 companies from PIP 15, generating over $1 billion in proceeds. The firm returned 24% in 2024 on rising technology stocks.

Latest developments

On December 8, 2025, Tiger Global told investors it was launching Private Investment Partners 17, targeting about $2.2 billion (reported elsewhere as $2 billion to $3 billion), similar in strategy, size and construction to its earliest vintages and to PIP 16. The letter and investor call flagged concern about elevated AI valuations that are "at times unsupported by company fundamentals" and stressed humility. The firm said it would prune positions aggressively and concentrate on winners, naming Revolut, ByteDance, Flock Safety, Harbinger, Rokt, Cargomatic and BVNK. PIP 16's largest positions are OpenAI and Waymo, first backed in 2021 at valuations of less than $16 billion and around $39 billion respectively.