Tiger Global Management is planning to raise a smaller venture capital fund as it shifts back to its earlier investing approach. According to a Bloomberg report, the New York based investment firm is looking to raise about $2.2 billion for its new fund, a sharp reduction from the much larger vehicles it raised during the market boom.
The new fund, internally referred to as PIP 17, will be similar in size and structure to Tiger Global’s earlier funds. This marks a departure from the firm’s previous two venture funds, which raised $6.7 billion and…

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