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Chase Coleman s Tiger Global Hedge Fund Makes a Strong Comeback In 2023 After Past Struggles - SPDR S&P 500 (ARCA:SPY)

Tiger Global Management's hedge fund concluded 2023 on a high note, registering a gain of 28.5%.  This marks a significant turnaround for Chase Coleman's firm, which experienced challenges in the preceding two years, with the hedge fund declining 7% in 2021 and plummeting 56% in 2022. 

Chase Coleman s Tiger Global Hedge Fund Makes a Strong Comeback In 2023 After Past Struggles

Tiger Global Management's hedge fund concluded 2023 on a high note, registering a gain of 28.5%. This marks a significant turnaround for Chase Coleman's firm, which experienced challenges in the preceding two years, with the hedge fund declining 7% in 2021 and plummeting 56% in 2022. During the same period, Bloomberg reported that the firm's long-only fund also suffered a loss of over half its value, citing sources close to the matter. By the end of November, the hedge fund had already achieved

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