Sunday, December 22

Tag: VC Funding

Investment Father of Indian Startups “Lee Fixel” is Leaving Tiger Global
News

Investment Father of Indian Startups “Lee Fixel” is Leaving Tiger Global

Lee Fixel, one of the most famous low flying name of Tiger Global is leaving the company, according to a letter sent to clients on Thursday seen by Reuters. In the letter, it's written that Lee Fixel a partner and head of the $13 billion private equity business at Tiger Global Management LLC, plans to leave the firm on June 30. Scott Shleifer and Chase Coleman will continue as co-portfolio managers of Tiger Global’s private equity business, with Shleifer to take over as its head, according to the letter. Fixel, who joined Tiger Global in 2006, will invest his own money and “may start an investment firm in the future,” Tiger Global wrote in the letter. “We are grateful for Lee’s innumerable contributions,” the letter said. “Lee has been a driving force behind the expansion of T...