Another Quiet Year for VC Deals

Tiger Global and other hedge fund firms with venture capital arms continued to shun the private markets in the fourth quarter.

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Illustration by II

Venture capital activity among hedge funds or their VC arms stayed out of the private markets in the fourth quarter. The dearth of deals was most evident in the ongoing reluctance of Tiger Global Management to make new investments.

In fact, the hedge fund firm’s VC arm, which only a year or two ago was making one new private investment a day, on average, is no longer the most active investor within this group of firms best known for their hedge funds.

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