Tiger Global’s Hedge Fund Lost 52% for the Year Through May

Tiger Global Management’s tough year has turned even tougher, with losses at the company’s high-profile hedge fund skyrocketing to 52% through the end of May.

Tiger reported a decline, extending its 44% loss on record through April, in a note to its investors on Thursday. The loss prompted the company to cut management fees by 0.5% through December 2023 in both hedge funds and long-term funds.

https://www.wsj.com/articles/tiger-global-s-hedge-fund-lost-52-for-the-year-through-may-11654190073?mod=rss_markets_main Tiger Global’s Hedge Fund Lost 52% for the Year Through May

Edmund DeMarche

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