Tiger Management

The hedge fund firm’s stock is still trading at all-time lows, but the firm’s funds are putting up solid numbers this year.
Global-oriented long-short equity firm Light Street Capital Management is one of the top-performing hedge funds this year.
The former Lone Pine partner has raised $40 million for the new vehicle, possibly thanks to momentum from his flagship fund’s solid start to the year.
Several descendants of Julian Robertson Jr.’s firm posted sharp gains after losing money last year, with many of the same stocks that hurt them in 2016 boosting returns this year.
Deerfield Capital is one health care fund that has thrived in a rough environment.
The Tiger Cub’s long-short fund followed 2016’s big loss with a hefty gain in January.
The firm’s long-short fund posted a loss last year, as did many Tiger funds in 2016, but long-only fund launched in 2016 did much better.
These nine stocks had the most fans among the group of managers affiliated with Julian Robertson Jr.’s Tiger Management.
Thanks to a strong third quarter, many funds with links to Tiger Management are now in the black.
Investors with long memories hope these stocks don’t end up suffering the same fate as many of the old Nifty 50.