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Tiger Global incurs $17bn loss from dollar decline

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The hedge fund Tiger Global has lost $17 billion throughout this year’s tech selloff, one of the biggest dollar declines for a hedge fund in history, according to a report from the Financial Times.

The hedge fund Tiger Global has lost $17 billion throughout this year’s tech selloff, one of the biggest dollar declines for a hedge fund in history, according to a report from the Financial Times.

Figures show that, in just four months, the hedge fund has lost an estimated two thirds of gains since its 2001 launch.

When the hedge fund initially launched, investors saw their capital increase in value 20-fold. 

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