Tiger Global Management LLC disclosed in a filing on January 14, 2020 that it reduced its stake in Apollo Global Management, Inc.

Mar 15, 2020
Institutional Holdings Changes
Background Information
TGM utilizes a variety of methods and strategies to make investment decisions and recommendations. The firm seeks to produce superior long-term, risk-adjusted capital appreciation through its portfolio of long, short, and private investments in global markets. For their public equity investment activities, TGM applies their fundamentally-oriented investment approach to proactively source long and short investment ideas across sectors and geographies. Their investment selection process emphasizes in-depth due diligence through internal and external research and fundamental analysis. TGM's investment staff spends significant time modeling and performing valuation analysis on potential and existing portfolio investments. For their private equity investment activities, TGM applies their fundamentally-oriented investment approach to proactively source new investment opportunities in companies across sectors and geographies. They focus on investments in sectors they believe have strong long-term secular growth fundamentals. The firm's investment selection process emphasizes in-depth due diligence through fundamental analysis and market research based on internal and external sources. TGM's investment staff spends significant time understanding local markets, business models, and secular themes, and performing valuation analysis on potential and existing portfolio investments.