Scott Shleifer, a key architect of Tiger Global Management’s aggressive private tech dealmaking during the 2020-2022 startup boom, will transition from his role leading private investments, the firm’s co-founder Chase Coleman told investors Tuesday. Effective January 1, Shleifer will become a senior adviser.
Tiger invested at least $19 billion in private tech companies in a nearly two-year period starting in 2021 and made a name for itself writing large checks in late-stage companies. But after tech stocks crashed, slamming the door on new public offerings, the value of its private holdings plunged and it slashed the targets for new venture fundraising.
