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The Tiger Global hedge fund recently disclosed a big position of Facebook stock during the third quarter.
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Coleman also bought some of his Facebook stock through his Tiger Global hedge fund, which he co-manages with Feroz Dewan.
FORBES: Hedge Fund Star Chase Coleman's Facebook Trade Generated $1 Billion
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The Tiger Global hedge fund, which is co-managed by Feroz Dewan, had previously taken a small stake in Groupon during the third-quarter of the year.
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Chase Coleman is a Tiger Cub who went on to found hedge fund Tiger Global Management.
FORBES: Stocks Both Julian Robertson and Tiger Cub Chase Coleman Own
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Through it all, nobody traded Facebook better than Chase Coleman, the 37-year-old New York hedge fund manager who runs Tiger Global Management.
FORBES: Hedge Fund Star Chase Coleman's Facebook Trade Generated $1 Billion
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Tiger Global Management, a New York hedge fund that is also a shareholder in DST, has already specialised in investing in start-ups beyond the West's well-known technology clusters.
ECONOMIST: Internet investment's new champions: The emerging online giants | The
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Coleman, 37, shot to the top of the hedge fund heap his Tiger Global beat nearly all other hedge funds in 2011 with a 45 percent return.
FORBES: Youngest Billionaires In The United States - Forbes 400
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Flipkart, an online-commerce site in India founded by two former Amazon employees, has received funding from Tiger Global, a New York-based hedge fund that specialises in this kind of investing, and Accel Partners, a venture-capital firm.
ECONOMIST: Making money by bringing old ideas to new markets