Tiger on the prowl

TIGER INFRASTRUCTURE PARTNERS, the much-hyped infrastructure fund backed by hedge fund legend Julian Robertson, had almost dropped off our radar following our February 2011 keynote interview with the outfit.

But a recent filing with the US Securities and Exchange Commission (SEC) revealed that Tiger is definitely still on the prowl, having so far collected $113 million in capital.

Tiger Infrastructure Partners was launched by former US Treasury Department official Emil Henry and bankrolled by Julian Robertson. The latter is the much-revered investor and hedge fund operator whose pioneering hedge fund outfit directed $22 billion in capital at its peak.

Henry, a Wall Street insider, decided to lift out his infrastructure team from Lehman Brothers, the ill-fated investment bank. He had joined Lehman in 2007 after a stint as assistant secretary of the US Treasury. His fund, headquartered in New York, is aiming to capitalise on the growth of the infrastructure space by investing in energy, transportation, waste and water.