Glade Brook’s Alibaba Stake Posts Big Gain, Mitigates Losses

Tiger Grandcub Paul Hudson’s firm enjoyed approximately double-digit returns from its Alibaba holding in the second quarter, which helped cut losses in its portfolios.

As investors — and employees — eagerly anticipate the imminent IPO of Chinese e-commerce giant Alibaba Group Holding, those with private shares have been marking up the value of their position.

Paul Hudson’s Greenwich, Connecticut–based Glade Brook Capital Partners, a so-called Tiger Grandcub because Hudson once worked for a direct descendant of legendary hedge fund firm Tiger Management Corp.,

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