Lee Fixel exits, Scott Schleifer to head Tiger Global private equity arm
15 March 2019 7:48 AM GMT
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.
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