Tiger Global Posts Loss in December but Big Gains for the Year

The New York-based firm’s hedge funds fell last month but finished the year with big gains.

Tiger Global Management’s hedge funds suffered a setback in December, dropping 3.1 percent for the month, but still posted full-year gains that rank among the best performances of 2014.

Tiger Global’s hedge fund performance last year further enhances the reputation of the firm’s founder, Charles (Chase) Coleman III, and Feroz Dewan, who manages the hedge funds, as they continue to solidify their elite stature among the newer generation of hedge fund managers.

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