Some Tiger Management-Related Hedge Funds Boast Gains in Turbulent 2018

(Reuters) Several hedge funds who trace their ancestry to billionaire investor Julian Robertson’s Tiger Management are boasting positive returns for the year even as tumbling markets have left many rivals with losses. In the first three months of 2018, Glen Kacher’s Light Street Capital gained 11.8 percent while Chase Coleman’s Tiger Global rose 6.7 percent and Jonathan Auerbach’s Hound Partners was up nearly 1 percent, investors in the funds said.

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