Tiger Global Surges as Market Exposure Declines

Here’s how the Tiger Management descendant posted its strong performance in the first half and was positioned for its further gains in July.

Facebook was one of Tiger Global's biggest winners in the second quarter. (Gabby Jones/Bloomberg)

Facebook was one of Tiger Global’s biggest winners in the second quarter.

(Gabby Jones/Bloomberg)

Tiger Global Management remains among the top-performing hedge funds this year — and it continues to surge even as it has been bringing down its market exposure.

The firm, founded by former Tiger Management analyst Chase Coleman with seed capital from his former boss, Julian Robertson Jr.,

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