Tiger Management Corp. is an American hedge fund and family office founded by Julian Robertson.
[2][3] Julian Robertson, a stockbroker and former United States Navy officer, started Tiger Management in 1980 with $8 million in capital.
Additionally, Robertson expressed concerns about the increasing market volatility and what he viewed as an irrational exuberance in technology stocks during the dot-com bubble.
Tiger earlier made $2 billion in gains, but gave most of them back during a huge one-day move in the yen in 1998.
The article spurred investor interest and financing; since that time, hedge funds have increasingly attracted investment and human capital.
John Townsend, a former partner at Goldman Sachs, was hired as the chief operating officer, and Robertson's son Alex joined the firm.