How the next gen of Tiger Cubs did in a rough quarter for hedge funds
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How the next gen of Tiger Cubs did in a rough quarter for hedge funds
"Ning Jin's Avantyr Capital Partners was down 0.5% for the first quarter of 2026 after a 2% loss in March, outperforming Viking Global, which was down 4.1% in March."
"Mala Gaonkar's SurgoCap Partners, managing over $6 billion, was down 4.4% in the first quarter after a 6.5% loss in March."
"Divya Nettimi's Avala Global saw its share class investing in public companies and private startups down 10.2% in March, leading to a 7.6% loss for 2026."
"Coatue and Tiger Global fell 3.5% and 10.5%, respectively, in the first three months of 2026, reflecting the broader struggles of the Tiger Cub network."
The Tiger Cub network, linked to Julian Robertson's Tiger Management, experienced losses in March 2026. Notable funds like Avantyr Capital Partners and SurgoCap Partners reported declines, with Avantyr down 0.5% for the quarter, outperforming Viking Global's 4.1% loss. Coatue and Tiger Global also faced significant losses of 3.5% and 10.5%, respectively. The network, known for investing in growth stocks and technology, includes managers from firms like Lone Pine and Maverick, with newer funds struggling to maintain performance amid market challenges.
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