Brand-Name Hedge Funds Piled into the Alibaba IPO — with One Notable Exception

Hedge funds run by Charles (Chase) Coleman III’s Tiger Global Management were not among those that bought shares, despite being a long-time investor in the company.

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Seemingly every person on the unofficial who’s who of hedge fund managers owned shares of Alibaba Group Holding at the end of September, including O. Andreas Halvorsen of Viking Global Investors, Daniel Loeb of Third Point and David Tepper of Appaloosa Management.

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