Dani Rachel Schleifer is the wife of Scott Shleifer, as they married each other on a fine Saturday evening, in New York. A home in Palm Beach, Florida has sold for $132 million, making it the second highest-priced single-family home on record for the U.S. He is a partner of the investment firm Tiger Global Management and a co-founder of its venture capital business. All rights reserved. He shut down Tiger Management in 2000 after losing several billion dollars betting against the hype. Randle heralded Tiger Globals approach as one that would fundamentally change the way that venture capital is raised and said that Tiger has developed a flywheel that enables them to offer better/faster/cheaper product to founders while generating more $ gains than their competitors.. 02 May 2023 00:33:56 Scott Louis Shleifer is a 44 years old Partner at Tiger Global Management LLC. Long Live the White House Correspondents Dinner. He flew in for the day, looked at the house for around 15 minutes, made the all-cash deal and then flew back to New York, a source who had knowledge of the deal told The Post exclusively. Hwang, whose charitable foundation invested in Tiger Global as recently as last year, has since been indicted for fraud. (Getty, Nexxos Realty via Compass, Signal). "Identifying, researching and investing in a rapidly growing private company in China levered to the growth of mobile e-commerce. The luxurious new residence sits on two of the 6.2 acres that Donald Trump sold in 2008 for a then-record-setting $95 million. The property, with 480 feet of waterfront, was designed by Rafael Portuondo and includes a wine cellar, swimming pool and staff quarters. He heads the firms public equity business as well as a portfolio manager of the firms private equity business. Learn More{{/message}}, {{#message}}{{{message}}}{{/message}}{{^message}}It appears your submission was successful. The bride, 36, is a program director, working with mentally ill adults in New York for the Federation Employment Guidance Service and Health and Human Services System. December 12, 2019. Its edge, Shleifer tells clients, is. [5][6], Shleifer graduated from Beaverton High School in 1995, and in 2021 donated $1.8 million to the school. Plus: MacKenzie Scotts $250 Million Open Call, Trumps 2024 GOP Competition: Sen. Tim Scott Teases Political Update As He Weighs Run For President, Jeremy Scott On Leaving Moschino And His New Hyundai Collection, MacKenzie Scotts Philanthropic Platform, Yield Giving, Announces $250 Million Open Call, Curating Diverse Stories With Director Of Voiceover Portia Scott. (Tiger Global was not implicated and says it has nothing to do with Hwang, whose hedge fund was shuttered in 2013 to settle earlier insider-trading allegations.). Tiger Global partner Scott Shelfers net worth is hard to pin down, but he reportedly bought a $122.7 million mansion in Palm Beach, Fla. Late Stage Venture Investors with Investments in East Coast, City of New York Companies With More Than 100 Employees, Northeastern US Financial Services Companies (Top 10K), City of New York Venture Capital Investors, Greater New York Area Companies With More Than 100 Employees (Top 10K), City of New York Investors with Funds Raised in 2014, Northeastern US Investors with Funds Raised in 2022, Number of portfolio companies associated to the Person, Algorithmic rank assigned to the top 100,000 most active Investors, The organization associated to the person's primary job, Where the person is located (e.g. Their losses look to be the biggest in the history of hedge funds, says one hedge-fund manager, ticking off other notable contenders for that unfortunate title. One Of The Most Expensive Homes In U.S. History Sells To Tiger Global Exec where you came from, Ercklentz said on camera. Scott Shleifer cofounded Tiger Global Management's private equity investing arm in 2003, two years after Chase Coleman founded the hedge fund firm. In recent years, Tiger Global seemed increasingly to dominate the VC world. Scott Shleifer is Founder and Managing Director at Tiger Global Management, a fundamentally-oriented, global investment firm. Most of the large portfolio managers all know each other. Wall Street's bonus season sends prices into the stratosphere, Isn't it lovely? Tiger Global: Under Scott Shleifer, Tiger Global is roaring back with big bets https://t.co/Z1VmYWKGBz, Ayodeji Adewunmi (@atadewunmi) November 12, 2019. The hedge-fund portion of the strategy came into play as these unicorns went public: Before the IPOs, Tiger Globals hedge fund would also invest in the same unicorns as were backed by its VC funds. Long Term Capital Management, the most notorious hedge-fund blowup of all time, shed a mere $4.6 billion when it almost collapsed in 1998. One person felt that at times teams could be pitted against each other, beyond a culture of healthy competition you find at financial firms. Shleifer joined in 2002 as an early hire at Tiger and co-founded its private-equity investing arm. Sources were granted anonymity in order to speak freely without fear of retaliation. In 2008, Trump offloaded the estate to Russian oligarch Dmitry Rybolovlev who made headlines when he bought Leonardo da Vincis Salvator Mundifor $450 million for $95 million. Should that happen, the total losses would outdo those of fellow Tiger cub Bill Hwang, whose family office Archegos Capital Management lost $35 billion when its implosion roiled the markets last year. Number of Current Jobs 1. Tiger Global partner Scott Shleifer spent $122.7 million for Donald Trumps former Palm Beach estate after looking at the house for 15 minutes. Many of the stocks that Tiger Global owns have simply been obliterated in the new environment. Accusations of a bro culture cloud Tiger Global's fundraising efforts The point to remember is that Tiger Global has been one of the top-performing hedge funds globally, generating annualized returns of 17.8%, as per filings made with the . Although Tiger Global has since tried to assure investors that its business is set up to weather storms when they arise, the reality is that few hedge funds have survived such a steep drawdown. According to TechCrunch, Shleifer joined Tiger Global in 2002 after working for the Blackstone Group for three years. Introducing the new king of Florida flips. Terms of Service apply. Tiger Global's venture funds make up $40 billion of the firm's $65 billion in net assets under management. Adams has always fancied himself as more clever than his critics. Inside Sofia Richie and Elliot Grainge's $26.9M newlywed mansion, Inside NYC's charming Villa Charlotte Bront, where units rarely list, Donald Sutherland's 36-year California home he gave up for Florida lists for rent, The best-dressed celebs at the 2023 Met Gala: Rihanna, Gisele Bndchen, more, Kim Kardashians Met Gala 2023 look sparks comparisons to Playboy cover, Kim Kardashian, Pete Davidson reunite at Met Gala 9 months after breakup, Khristina Williams previews the New York Liberty's 2023 WNBA season, Katy Perry will be temporarily replaced on 'American Idol' amid drama, Woman has 'loud, full body orgasm' in the middle of LA concert. Shleifer is an intense executive who will cut people off in meetings, talk over colleagues or push hard for his opinion,three people familiar with the matter told Insider. Favorite professional moment in the past year? Others have raised concerns about the work culture in conversations with Insider, particularly. The buyer of the record-breaking Palm Beach home did so through a Delaware-registered limited liability company called 535 NCR LLC.