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Briefing
venture capital

Tiger Global Looks to Offload Startup Stakes

By
Kate Clark
· · Source: Financial Times

Tiger Global Management, the New York-based hedge fund turned venture investor, has hired an advisor to help it sell off some of its startup stakes, a process known as a seconary sale, the Financial Times reported . Selling positions in portfolio companies like ByteDance and OpenAI could help the firm return capital to its backers. Tiger has been on the hunt for secondary market opportunities...

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