How Tiger Global Delivered Big in 2018

JUUL and short positions helped the Tiger Cub score nearly 14 percent gains, despite suffering sharp losses late in the year.

Alex Kraus/Bloomberg

Alex Kraus/Bloomberg

Private investments played an outsized role in Tiger Global Management’s strong returns last year.

The firm’s long-short fund — Tiger Global Investments — posted a 13.6 percent net gain in 2018, according to client letters obtained by Institutional Investor.

The fund made all of its money from short positions and private investments, the documents stated.

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