Tiger Global Management’s hedge funds are back in the black ... barely.
The flagship Tiger Global LP fund rose 2.8 percent in May. As a result, it is now up 0.4 percent year-to-date.
The rebound comes amid a fair amount of personnel change over the next few weeks as the fund gears up for the departure of star manager and partner Feroz Dewan, who has been running the public funds — the long-short and long-only funds — on a day-to-day basis.
