Tiger Global Extends Gains

The firm headed by Chase Coleman posts another profit in an otherwise volatile, down month for the markets.

(Qilai Shen/Bloomberg)

(Qilai Shen/Bloomberg)

Tiger Global Management continues to roll through one of its best ever years.

The Tiger Cub’s long-short funds posted a 0.80 percent gain in August, according to an investor in the fund. As a result, Institutional Investor estimates that the long-short funds managed by Tiger Global are up more than 33 percent for the year to date, remaining one of the top performing hedge funds this year.

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