- For decades, hedge funds have dominated public markets.
- Now funds like Tiger Global, D1, and Coatue are investing billions into top startups.
- Insider lists those leading the charge into unicorn funding rounds.
Insider Finance: Get the scoop on deals & personalities dominating Wall Street.
It’s easy for investors to take big bets on companies like Google and Facebook. It’s much more challenging to find the fledgling startup that is set to become the next industry titan.
For decades, hedge funds have dominated public markets, through activists demanding major changes at blue-chip stocks or quants supercharging the speed of trading. Now managers are turning toward private markets, investing billions into top startups.
Managers like Tiger Global are pumping so much into private markets that traditional venture capitalists are grumbling that they can’t find any deals for their own clients, and more firms are expected to get in.
Insider compiled a list of the top 20 dealmakers at the most important shops.