Asset ManagerRIA · CRD 160318SEC-RegisteredPrivate Fund Adviser

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Tiger Management

Tiger Management, founded by Julian Robertson in 1980, manages $5B in assets with a multi-strategy approach including equities, credit, and real estate.

Tiger Management

Tiger Management is an SEC-registered investment adviser in New York, NY, registered since 2012. The firm manages approximately $78.0 billion in regulatory assets. It has 149 employees and 49 investment advisers.

General information

Firm type

Asset Manager

Year founded

1980

AUM

$5B (per Bloomberg, 2023)

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Additional offices

Boston, MA, United States · Singapore

Principals

Julian Robertson

Founder

Tom Facciola

Chief Investment Officer

Andres Fontao

Partner

Sector focus

Hedge FundsPrivate CreditReal EstateEquities

Frequently asked questions

Who runs investment decisions at Tiger Management?

As of 2023, Tom Facciola serves as Chief Investment Officer, overseeing the firm's investment strategy across public equities, private credit, and real estate. Facciola was promoted to the role in 2023 after joining the firm in 2019 (per Bloomberg, 2023). Julian Robertson, now in his 90s, remains chairman and founder but is not involved in day-to-day investment decisions.

How does Tiger Management source deal flow?

Tiger Management leverages its network of 'Tiger Cub' firms founded by Robertson alumni, which include Tiger Global, Lone Pine, and D1 Capital. This ecosystem provides co-investment opportunities that are hard to replicate. The firm also participates in direct lending and real estate acquisitions through its own origination team, as seen in its 2021 investment in the 1-57 apartment building.

Is Tiger Management structured as a single family office or a hedge fund?

Tiger Management operates as a hybrid between a family office and a hedge fund. It manages capital for the Robertson family but also accepts external limited partners through its flagship fund and the Tiger Credit Opportunities fund. This structure allows it to maintain the agility of a small family office while raising institutional capital.

What is Tiger Management's relationship to Tiger Global Management?

Tiger Global Management is a 'Tiger Cub' firm founded in 2001 by Julian Robertson's protege Chase Coleman. While not formally related today, the two firms share a cultural and professional bond. Tiger Management occasionally co-invests alongside Tiger Global in certain opportunities, leveraging their long-standing relationship.

Does Tiger Management participate in fund commitments or only direct deals?

Tiger Management does both. It allocates to external managers, particularly those managed by Robertson alumni, and makes direct investments in equities, credit, and real estate. The firm's credit fund has made direct loans and participations in syndicated facilities.

Where does the underlying wealth come from at Tiger Management?

The wealth originates from Julian Robertson's hedge fund fees and investment returns during the 1980s and 1990s. Robertson famously earned over $1B in compensation during his peak years. The Robertson family wealth is now managed alongside capital from external limited partners.

How is Tiger Management's philanthropic activity separated from its investment operations?

The Robertson Foundation, established in 1996 by Julian Robertson, operates independently from Tiger Management's investment operations. The foundation has funded education, cancer research, and environmental conservation, with a reported endowment of over $200M (per Foundation Center, 2022).

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