A Fund with Backing From Julian Robertson Falters

Tiger Ratan, a once high-flying fund managed by Robertson protégé Nehal Chopra, is posting a second consecutive year of big losses.

A high-profile hedge fund firm that got its start thanks to an investment from Tiger Management founder Julian Robertson Jr. is facing big declines for a second straight year.

The Tiger Ratan Capital Fund, the volatile long-short fund managed by Nehal Chopra’s New York–based Ratan Capital Management, is down more than 16 percent this year through August.

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