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.

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