Lesser-Known Tiger Seed Launches Long-Only Fund

Jesse Ro’s Tiger Legatus has shuffled its offerings to investors.

Tiger Legatus has an SPV (special purpose vehicle) whose sole investment is Chinese ride-hailing giant Didi Chuxing. (Qilai Shen/Bloomberg)

Tiger Legatus has an SPV (special purpose vehicle) whose sole investment is Chinese ride-hailing giant Didi Chuxing.

(Qilai Shen/Bloomberg)

A hedge fund whose largest investor is Julian Robinson Jr.’s Tiger Management has launched a long-only fund as part of a larger reshuffling of its investment vehicles.

Tiger Legatus Capital Management, a so-called Tiger Seed headed by Jesse Ro that has remained under the radar, earlier this year began accepting money from outside investors for Tiger Legatus Long Fund, according to people familiar with the firm.

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