Tiger Global Hit Hard On Shorts; Down 6% In Q1

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Mark Melin
Published on
Updated on

Tiger Global long / short fund had difficulty in the first quarter on one distinct side of the ledger, but the recently launched Internet Opportunities fund delivered strong performance as did the Long Opportunities offering. Tiger Global hit on shorts, has confidence these loses are not permanent Chase Coleman  and Feroz Dewan’s Tiger Global was down -5.5 percent in the first quarter of 2015, according to Tiger Global investor documents reviewed by ValueWalk. The entirety of this loss was due to the short positions, the document said, which it noted “do not represent permanent capital losses” as the firm remains…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.