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.

Chase Coleman, founder of Tiger Global. (Amanda L. Gordon/Bloomberg)

Chase Coleman, founder of Tiger Global.

(Amanda L. Gordon/Bloomberg)

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

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