Hedge Fund News From HedgeCo.Net


Hedge fund Tiger Global ups stake in Fiat Chrysler to $1 billion

(Reuters) – U.S. hedge fund Tiger Global Management has raised its stake in Fiat Chrysler Automobiles (FCHA.MI) to 873.3 million euros (767,919 pounds), a recent filing with the Dutch regulator showed.

Tiger, which runs around $22 billion in assets in under management, increased its stake to 60 million shares on Sept. 3, according to the filing.

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