- Tiger Global is exploring options to cash in a piece of its more than $40bn portfolio of privately held companies.
- The New York-based investment group is working with an adviser to tap the so-called secondary market to help return money to some of its investors.
- Talks are at an early stage and potential buyers have said that any deal would probably be complicated by difficulties valuing Tiger’s private holdings.
- Other large venture capital firms have also been studying similar sales of parts of their private portfolios.
- The secondary market has become an increasingly popular tool to help firms return cash to their investors while public markets have been shut.
Tiger Global looks to cash in part of $40bn portfolio of private companies
Technology-focused hedge fund aims to return money to investors by tapping secondary market
Ivan Levingston
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