Tiger Global Shifts Focus, Acquires Significant Stake in Apollo Global
TL;DR Summary
Investment firm Tiger Global Management has reportedly built a significant stake in Apollo Global Management, signaling a shift in its investment strategy away from technology bets. Tiger Global, known for its successful investments in tech companies like Facebook and Spotify, has been diversifying its portfolio in recent years. The move to invest in Apollo, a private equity firm, suggests a broader focus on alternative investments beyond the tech sector.
- Tiger Global builds big Apollo stake in shift from tech bets Financial Times
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