(Reuters) Hedge fund Tiger Global Management, known for making big bets on technology companies, lost 8.5 percent last month, leaving it down 22.5 percent for the year to date, a person familiar with the numbers said.The New York-based fund, which manages roughly $6 billion in its hedge fund, did not tell investors exactly what caused the February losses.
Tiger Global, in a recent regulatory filing, reported that some stocks that the fund owned at the end of last year suffered a beating in February. Business intelligence software solutions company Tableau Software Inc and home luxury furnishings company Restoration Hardware Holdings Inc both lost money in February and they appeared on the fund’s most recent 13F filing.
