Early Life
Charles Payson "Chase" Coleman III was born on June 1, 1975, in Glen Head, Long Island. He grew up in an affluent environment; his father was a partner at a New York law firm, and his mother owned an interior design firm. Coleman attended Deerfield Academy and graduated from Williams College in 1997 with a degree in Spanish and Economics.
Rise to Success
Coleman began his career at Tiger Management, Julian Robertson's hedge fund, where he worked as a technology analyst. When Robertson closed the fund in 2000, he entrusted Coleman with over $25 million to manage, making him one of the "Tiger Cubs". In 2001, Coleman founded Tiger Global Management. The firm invested in numerous technology companies, including Facebook and LinkedIn. Tiger Global Management has evolved into a significant investment firm managing approximately $50 billion in assets.
Key Business Strategies
Coleman's investment strategy focuses on identifying high-quality businesses and secular growth trends, often investing in technology, internet, and consumer-focused companies. He has been known for concentrated bets, pressing winners, and cutting losers. A key part of his strategy involves cross-stage investing, recognizing opportunities in both public and private markets. Tiger Global has expanded globally, investing in China and India.
Philanthropy
While specific details of his philanthropic activities are not widely publicized, Coleman is noted to be a philanthropic individual. His approach emphasizes impact over recognition, focusing on creating lasting change without seeking public credit.
