On Oct. 3, 2022, three days after the memorial service for legendary investor Julian Robertson, hedge fund and venture capital firm Tiger Global issued a letter to investors, lamenting the death of the man it described as the hedge fund’s “number one fan.”
It was Robertson who had mentored Chase Coleman III as an analyst, then wrote Coleman the $25 million seed check he used to start Tiger Global when he was 25 years old. It was Robertson who introduced Coleman to some of the firm’s first limited partners, then provided him office space for Tiger Global’s first 13 years of operation. And it was Robertson’s investment approach of “catching the next big wave, not riding the ripples” or maintaining a “contrarian bias,” according to the letter sent Oct. 3, 2022, that would inspire and shape Tiger Global’s very own investment philosophy for 22 years.
