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Tiger Global has closed its latest fund at $2.2 billion The target was at least $6 billion Tiger told investors that it intended to “remain disciplined” in its investment approach, “waiting for ‘fat pitches’ to swing hard”. https://t.co/u5XQLWbwLI
"Tiger Global has raised $2.2bn for its latest venture capital fund, roughly a third of the $6bn target it touted to investors when it first announced the fund in 2022." https://t.co/uP7MMxtCdS
Tiger Global’s latest fund, PIP 16, raised $2.2 billion, falling far short of its goal amid a tough fundraising environment. https://t.co/cCgFrHusOG https://t.co/vXjDStXFXk
Tiger Global Management has closed its latest venture-capital fund, PIP 16, at $2.2 billion, significantly below its initial $6 billion target. This marks the firm's smallest fundraising effort in about a decade. The New York-based firm's slow pace in raising funds comes amid a leadership change and a broader downturn in the venture capital market. Despite the shortfall, Tiger Global has communicated to investors its intention to remain disciplined in its investment approach, focusing on "waiting for ‘fat pitches’ to swing hard".
