Tiger Global’s Shleifer Steps Down as Private Investing Head (2)

Tiger Global Management’s Scott Shleifer, the partner overseeing a majority of the firm’s assets and who helped launch its venture arm, is stepping down as head of private investments.

Founder Chase Coleman will now manage both public and private wagers. Shleifer will remain with the firm as a partner, transitioning to a senior adviser role effective Jan. 1, Coleman said Tuesday in a letter to clients.

“Scott’s decision to make this move after two decades of successful partnership is based largely on geography,” Coleman wrote. “Tiger Global is operating in-person out of our New York offices, whereas Scott ...