Tiger Global Continued to Surge in August

Tiger Seed Chase Coleman’s firm rode Amazon.com and other tech stocks to gains last month despite big losses in one of its major holdings.

(Jeenah Moon/Bloomberg)

(Jeenah Moon/Bloomberg)

Tiger Global Management enjoyed a strong August after weathering the July storm in technology stocks.

The long-short hedge fund managed by Tiger Seed Chase Coleman’s firm posted a 3.1 percent gain last month, according to preliminary numbers sent to clients. This puts the fund up nearly 19 percent for the year, Institutional Investor estimates.

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