Most Descendants of Tiger Management Are Far From Recovering Their High Water Marks
Several of the best performers in 2023 are also the funds that suffered the biggest losses over the past couple of years.
Most of the major Tiger-related hedge funds in August continued to tack on another point or two to their long-short performance.
That’s not bad considering the major market averages lost money last month.
Of course, the funds’ investors remain well below their high water marks.