Now one of the world's most closely-watched hedge funds, billionaire Chase Coleman's Tiger Global, is spotting value in private equity stocks. Since first disclosing a stake Apollo in mid-March, Tiger Global has been buying shares hand over fist. In recent years, Tiger Global has been best known for its large stakes in e-commerce giants like Amazon, JD.com, Alibaba and Priceline Group. With Athene, Apollo has a major ballast of permanent capital to make investments under any market conditions. For now, Tiger Global appears to be focusing on Apollo shares.

Source: Forbes April 06, 2017 22:55 UTC