Lee Fixel exits, Scott Schleifer to head Tiger Global private equity arm
Lee Fixel will move on to actively investing his own capital and is expected to start an investment firm in the future.Scott Shleifer and Chase Coleman, co-founders of Tiger Global's private equity business, will continue as co-portfolio managers
- Bengaluru: Lee Fixel, one of the most prolific investors in India's startup ecosystem, is exiting the private equity business of New York-based Tiger Global Management, according to a letter shared by the firm with its investors.
- Fixel has been behind some of the biggest investments in Indian startups, including Walmart Inc.-owned Flipkart and SoftBank-backed Ola (ANI Technologies Pvt. Ltd).
- Lee has been a driving force behind the expansion of Tiger Global’s private equity investing activities in the United States and India, and he has distinguished himself as a world-class investor across multiple sectors and stages," reads the letter.
- Since joining Tiger Global in 2006, Fixel had become one of the most important startup investors across the world.