Former Tiger Global Management partner John Curtius is in discussions with institutional investors to raise $1 billion for his new venture fund, Cedar Investment Management.
The fund would concentrate on making investments in early-stage enterprise software companies in the US and Europe, according to a Reuters report.
John joined Tiger Global in 2017 after working at Elliott Management and was managing enterprise software investment at the renowned tech investment company with $125 billion in assets under management.
In October of this year, he quit Tiger Global. John will continue working for the investment company through June 2023.
At Tiger Global, he oversaw more than 250 venture investments, including the backing of Indian businesses like CleverTap, Gupshup, and Innovaccer. SentinelOne, a security software startup, and unicorns like Databricks and Snyk, a cybersecurity company, are just a few of his significant deals.
He was also featured earlier this year on the Fortune “40 under 40” list of influential individuals shaping business.