Tiger Global Raising Money for New Venture Capital Fund

Tiger Cub Chase Coleman’s investment firm, which launched its first VC fund in 2003, is targeting as much as $3 billion.

Chase Coleman. (Amanda L. Gordon/Bloomberg)

Chase Coleman.

(Amanda L. Gordon/Bloomberg)

Tiger Global Management is raising money for a new venture capital fund.

The investment firm founded by Chase Coleman is targeting as much as $3 billion for Private Investment Partners (PIP) XI, its eleventh venture capital fund, according to a person familiar with the firm’s plans.

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