The hedge fund Tiger Global Management bet on Fiat Chrysler Automobiles of the post-Marchionne e doubles in a few weeks its shareholding in the automotive group going up to 3,8% with a worthwhile investment 870 million dollars.
Chase Coleman's hedge fund is one of the richest in the world and already has stakes in Facebook, Amazon, Spotify and Softbank.
With the latest investment, he becomes one of the five shareholders who hold more than 3% in FCA, whose relative majority remains firmly in the hands of Exor by John Elkann and the Agnelli family with the 28,98% of the capital and the 42,11% of voting rights.
Among the main shareholders of FCA there are also the English investment management company Baillie Gifford and the French bank Société Générale.