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Tiger Global’s Latest Home Run

The Tiger Cub made a big paper profit on the Thursday IPO of a Brazilian fintech. Its other recent IPOs, however, have enjoyed mixed success.

Tiger Global made another paper killing on an initial public offering.Shares of Brazilian fintech giant Nu Holdings Thursday closed at $10.33 in its first day of trading, up nearly 15 percent from its $9 IPO price after trading as high as $12.24.Before Nu Holdings sold more than 289 million shares

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