Even this tiger can’t camouflage its wounds

Tiger Global has endured a sharp decline in 2022, wiping out 2020’s gains, as US technology companies fall prey to investor inflation fears. The hedge fund’s exposure to private companies has further compounded its losses, which will prove tough to claw back over the near term. Playing across both public and private markets can lead to roaring returns when market sentiment is high but as we are now seeing, it can also deliver a sharp bite.

inspired by Financial Times

Extended fee breaks could be just the tonic for LPs!

LPs have had such a thirst for private equity in recent years that they’ve drunk the bar dry! Some no longer have capacity to take on additional capital commitments, impelling GPs to come up with ever more creative ways to entice them into their latest buyout funds. It’s been an incredible period for PE fundraising but even the best parties fizzle out. This next period could be the most competitive yet as GPs look to out-compete their peers on the dance floor.

inspired by Bloomberg News