How Hedge Funds Have Traded Around Their Private Holdings

Tiger Global, Glade Brook, and others have cashed in or scooped up extra shares of unicorns, including WeWork and Airbnb.

(Andrew Harrer/Bloomberg)

(Andrew Harrer/Bloomberg)

It’s no secret that several so-called unicorns are on the defensive these days, facing a series of challenges that could severely damage their lofty valuations. Institutional Investor has been chronicling their woes for several weeks now.

While many hedge fund firms with ties to Julian Robertson Jr.’s

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.