Tiger Global plans to raise a new fund for private investments as public markets sour

After closing a $12.7 billion fund mere months ago, Tiger Global is planning to go back to market.

The firm intends to raise a new fund this year or next, a personal familiar with Tiger told me in a recent feature story for Fortune. There has already been interest from the firm’s existing LP base, the person says.

While the firm’s public hedge fund has experienced $17 billion in losses this year, there’s a different dynamic in the other, separate side of its business—the private side, where there have been many up rounds and portfolio companies are experiencing significant growth, according to the person.