Sources familiar with the matter have revealed that Alex Cook, a partner at Tiger Global overseeing major fintech investments, is leaving the firm after nearly seven years. It has been noted that Cook has shared his departure news with close contacts, although the reasons for his exit remain undisclosed at this time. The conversations surrounding his departure were intended to be private, hence the anonymity of the sources. As of now, there has been no response from Tiger Global’s spokesperson regarding this matter.
Cook’s departure adds to a list of high-profile exits from Tiger Global, with Scott Shleifer and John Curtius being notable examples. Cook played a significant role in securing numerous fintech deals for the firm, with notable investments in companies like TradingView, TrueLayer, Scalapay, and more. His departure has taken some founders by surprise, given his frequent interactions with them and his involvement in managing certain portfolio startups. Additionally, Cook had a strong focus on emerging markets, particularly in India, where he actively engaged with founders and industry stakeholders.
This news comes at a challenging time for Tiger Global, as the firm recently experienced a shift in leadership and a decrease in fundraising efforts. Despite these challenges, founder Chase Coleman has stepped into the role of venture chief, taking on the responsibility of managing key relationships with portfolio startups globally. This transition comes amid a cautious investor landscape, marked by declining valuations and a slowdown in deals within the VC and private equity sectors.
