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    Home»Funds»Tiger Global seeks $10bn for record tech venture fund
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    Tiger Global seeks $10bn for record tech venture fund

    May 4, 20211 Min Read
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    Tiger Global Management, which has started the year with a blizzard of technology investments, wants to create another huge pool of capital for start-ups by raising a $10bn fund from investors.

    So far in 2021, Tiger Global has taken part in 100 investment rounds in just over 120 days that have raised a total of $22.2bn for private tech companies, according to data from PitchBook.

    Its latest venture fund comes just weeks after Tiger Global raised what eventually became a $6.7bn fund, after it initially sought $3.8bn. It told investors on a recent call that it would begin seeking the capital for its next fund, according to people briefed on the call.

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    Source: Financial Times

    By Miles Kruppa

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    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

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