However, in 2000, its assets shrank from $22 billion to $6 billion. During the same period, both Dow and Nasdaq sang all the way. Faced with the end of his rope, Robertson had no choice but to announce the closure of Tiger Management Company. The remaining $6 billion will be returned as follows: 75% in cash and 5% in 1 stock held by the fund, and will be gradually returned to the shareholders of the company before1in May 2000. Tiger Management still retains five core stocks such as American Airlines, accounting for about 20% of the company's assets, and Robertson may continue to retain about 654.38+05 billion assets of the company name management family. Robertson said that he would stop "winning money for others" and consider sitting down and writing "financial novels". The five stocks he still holds are also waiting for an opportunity to sell at a good price. It is reported that many senior fund managers managed by Tiger may join MaverickCapital hedge fund founded by former executive director LeeAinslie. At this point, the Tiger Management Group, which once dominated the international financial market, finally collapsed and died.