Tiger Global's New Venture Fund Gets Credit Line from JPMorgan
Chase Coleman's firm changed its approach for Tiger PIP 17
Tiger Global Management arranged a new credit line for its latest venture fund, a sign that the firm’s revised approach to raising capital is going well.
The new fund, Tiger Global Private Investment Partners 17 LP, entered into an uncommitted revolving credit agreement with JPMorgan Chase Bank NA on March 25, according to a regulatory filing. The subscription credit line will be backed by capital commitments that investors make to the new fund.
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