Sylebra’s September Swoon Wipes Out Year-to-Date Gains

The Tiger Grandcub’s hedge fund, known for its dramatic swings, reversed course last month — erasing a strong first-half rally and landing among the worst performers.

Stephen Taub October 20, 2025

Sylebra Capital Management may not be the biggest or the best-known Tiger Cub or Grandcub. But clearly, it generates the biggest swings in performance from month to month. September — and the third quarter — is yet another reminder.The long-short hedge fund headed by Dan

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