Early Life
Charles Payson "Chase" Coleman III was born on June 1, 1975, in Glen Head, Long Island. He grew up in an environment with a strong emphasis on education and influence. His father, C. Payson Coleman Jr., is a partner at a New York law firm, and his mother, Kim Coleman, owns an interior design firm. Chase attended Deerfield Academy and later graduated from Williams College in 1997 with a degree in Spanish and Economics. At Williams, he was co-captain of the lacrosse team.
Rise to Success
Coleman's professional career began in 1997 at Tiger Management, under the mentorship of Julian Robertson. In 2000, Robertson closed Tiger Management and entrusted Coleman with over $25 million to manage. In 2001, Coleman founded Tiger Global Management. Tiger Global evolved from a hedge fund to a diversified investment firm, focusing on technology and internet companies. The firm was an early investor in companies like Facebook and LinkedIn. By July 2023, his net worth had reached $8.5 billion, making him the 258th richest person globally.
Key Business Strategies
Tiger Global Management's investment philosophy centers on identifying companies that leverage technological innovation. The firm has built a platform that seamlessly integrates public equity strategies with private growth investing. Key strategies include identifying secular growth trends, investing in market leaders, and adopting a global perspective. Coleman's discipline and patience have been key to consistently delivering strong returns. Tiger Global has invested in hundreds of businesses in over 30 countries, with over 90 portfolio company IPOs.
Philanthropy
Chase Coleman III is actively involved in philanthropy. He co-chairs Coleman Family Ventures, focusing on areas like early childhood, healthcare, and climate. He also serves on the boards of the Tiger Foundation and the Hospital for Special Surgery. Through the Chase and Stephanie Coleman Foundation, he supports causes such as education and healthcare, with grantmaking reaching around $5.7 million in recent years.
