Tiger eked out 3.4% gain in June; hedge fund remains down 50.1% for first half of the year

Hedge Funds

Tiger Global Management eked out a 3.4% gain in June in its flagship hedge fund, according to a person familiar with the firm, in what marks the fund’s first gain since October.

Still, the hedge fund remains down 50.1% for the first half of the year, worse than losses notched by major stock-market indexes and other large hedge funds investing in growth.

Tiger Global ekes out first gain in nine months for flagship hedge fund

Juliet Chung

Tiger

Investing

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