Tiger Global looks to raise $6 billion for next fund - Secret Revealed of Offshore Hosting Company | Bulletproof Hosting Directory 2022

Tiger Global looks to raise $6 billion for next fund

Tiger International is trying to increase $6 billion for its subsequent fund that invests in privately-held tech firms, as per a brand new investor letter, first seen by Axios. 

Tiger has set a goal that’s lower than half of what it raised for its prior fund. This displays a lower in startup funding spherical sizes and valuations. A primary shut is deliberate for January.

Tiger’s portfolio firms embrace TikTok mum or dad ByteDance, Databricks, Stripe, ByteDance and Shein.

Tiger’s letter studies that its non-public funding companions funds have raised over $36 billion since inception in 2003, distributed $30 billion, and generated a web inner price of return of 24%, the Axios report mentioned.

YourStory has not independently verified this report.

Tiger says that it has invested most of its current fund in early-stage enterprise software program and fintech firms within the US and India, with common funding sizes falling to $30 million, and that it expects this technique to persist.

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