Uber Deal Highlights Tiger Descendants’ Move into VC, Private Equity

The online ride-sharing service attracted a number of hedge fund firms with ties to Tiger Management, in what was just the latest in a string of private investments by members of the Tiger crowd.

Three prominent hedge funds with ties to Julian Robertson Jr.’s Tiger Management Corp. were among the major investors in the latest round of financing for Uber, the ride-sharing service marketed through a mobile phone app. This is the latest example of Tiger affiliates becoming increasingly involved in venture- and private equity–type deals.

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