fromBusiness Insider
4 days ago$50 billion Tiger Global is returning to its concentrated, 'high-conviction' roots in its latest private fund
Tiger Global's latest private investment fund will raise substantially less money than its predecessors from 2021 and 2022, but the $50 billion asset manager isn't worried. The firm is expected to raise close to $2 billion for PIP 17, a person familiar with the manager told Business Insider. That's a fraction of what PIP 14 and PIP 15 raised and aligns more closely to PIP 16, which closed in early 2024 with $2.2 billion in assets after aiming initially for $6 billion.
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