| Notes |
The leaders of the money raised this week are a group of hedge fund firms with ties to Tiger Management, according to the person. The hedge funds, including Glade Brook Capital Partners, Lone Pine Capital and Valiant Capital Partners, provided the "bulk" of the $1.2 billion according to the person, and Glade Brook, a $1.5 billion firm founded by Paul Hudson, led the round.
The rest of the capital came mostly from sovereign wealth funds and mutual funds. Iconiq Capital, a large, private money manager for ultrawealthy clients like Facebook's Mark Zuckerberg and Sheryl Sandberg, invested as well, according to the source. |