Key Takeaways
- • Chase Coleman's Tiger Global long/short equity fund generated a 45% total return in 2011, making it the year's most profitable hedge fund despite volatile markets and economic headwinds, according to Bloomberg Markets Magazine.
- • At age 36, Coleman outperformed veteran hedge fund managers including John Paulson, Ken Griffin, Robert Mercer, and Peter Brown in 2011 returns.
- • Tiger Global, co-managed by Feroz Dewan, operated with approximately $6 billion in assets under management during this period.
- • Coleman was born into established wealth—descendant of Peter Stuyvesant (the last Dutch governor of New York) and raised in Glen Head, one of America's wealthiest zip codes on Long Island.
- • His educational pedigree includes Deerfield Academy preparatory school and Williams College (class of 1997, where he played lacrosse and majored in Spanish and Economics).
Summary
Chase Coleman emerged as 2011's most profitable hedge fund manager, a distinction that underscores his investment acumen during a year marked by significant market volatility and economic uncertainty. According to Bloomberg Markets Magazine, the 36-year-old's Tiger Global long/short equity fund—co-managed with Feroz Dewan and operating with approximately $6 billion in assets under management—delivered an exceptional 45% total return for the year. This performance positioned Coleman ahead of a competitive field that included established titans such as John Paulson, Ken Griffin, Robert Mercer, and Peter Brown.
Coleman's background reflects both inherited advantage and demonstrated investment skill. Born into "old money," he is a descendant of Peter Stuyvesant, the last Dutch governor of New York, and grew up in Glen Head, an affluent enclave on Long Island. His father is a partner at corporate law firm Pillsbury Winthrop Shaw Pittman LLP in New York, while his mother operates an interior design business. Coleman received his secondary education at elite preparatory institution Deerfield Academy in Massachusetts before attending Williams College, where he graduated in 1997 with degrees in Spanish and Economics. He was an active member of the college's lacrosse team and followed his grandfather's educational path in selecting Williams.
Coleman's 2011 performance demonstrated the viability of disciplined long/short equity strategies even amid macroeconomic headwinds, positioning him as one of the hedge fund industry's most successful practitioners during a challenging period.
Coleman's background reflects both inherited advantage and demonstrated investment skill. Born into "old money," he is a descendant of Peter Stuyvesant, the last Dutch governor of New York, and grew up in Glen Head, an affluent enclave on Long Island. His father is a partner at corporate law firm Pillsbury Winthrop Shaw Pittman LLP in New York, while his mother operates an interior design business. Coleman received his secondary education at elite preparatory institution Deerfield Academy in Massachusetts before attending Williams College, where he graduated in 1997 with degrees in Spanish and Economics. He was an active member of the college's lacrosse team and followed his grandfather's educational path in selecting Williams.
Coleman's 2011 performance demonstrated the viability of disciplined long/short equity strategies even amid macroeconomic headwinds, positioning him as one of the hedge fund industry's most successful practitioners during a challenging period.
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