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Hedge funder Chase Coleman’s savvy Zillow-Trulia bet

The billionaire’s investment could be a harbinger of future real estate tech endeavors

Chase Coleman
Chase Coleman

From the September issue: Months before Zillow and Trulia announced their $3.5 billion merger on July 28, New York City hedge-fund manager Charles P. Coleman III was betting big on online real estate listings.

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From Tiger Global Management’s Midtown office, on the 35th floor of 9 West 57th Street, Coleman, who goes by Chase, and his team of notoriously prescient partners gobbled up sizeable chunks of stock in both companies. [more]

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