Tiger Global is seen very rarely in short disclosures from European countries, and that is noted here because fellow Tiger cubs have quite a number of bearish bets in European equities. However the hedge fund founded by Chase Coleman has bet against a couple of names in German companies. Tiger’s best bet has been against SolarWorld AG (FRA:SWV). Germany’s largest solar panel maker has become a microstock since it lost the major chunk of its market cap in 2011. For the year, SolarWorld is down 70 percent, bringing profits for shortsellers like Tiger Global, Alden Global and Cape View Capital. According to its…
Tiger Global, Other Hedge Funds Profit From German Solar Industry
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.