Falcon Edge’s Private Portfolio Outshines Hedge Fund
Tiger Grandcub Richard Gerson’s firm is investing in private companies — and those bets are outstripping the firm’s main fund.
A little-known Tiger-affiliated hedge fund is quietly building up a sizable portfolio of private companies.
New York–based Falcon Edge Capital has invested more than $93 million in seven private companies in a portfolio of side pockets since April 2014. However, as of the end of May, these investments were worth more than $200 million, according to the firm’s May report sent to clients.