Tiger Global, based in New York, has $1 billion in commitments and plans to line up an additional $250 million by next month, said the people, who asked not to be identified because the information is private. Coleman, 35, has steered about $80 million from the new pool into Facebook, whose more than 600 million users make it the top social-networking site.
The firm raised more than $2.5 billion for its previous private-equity partnerships, buying stakes in companies including Facebook, LinkedIn Corp., a professional networking site, and Youku.com, China’s largest online-video provider, the people said. Its $1.1 billion fifth fund has returned an average of 15 percent a year since its start in 2008, according to a September investor document reviewed by Bloomberg News.
No comments:
Post a Comment