Tiger Global Management is opening a San Francisco office in the iconic Transamerica Pyramid tower, a sign of Wall Street’s renewed interest in the tech hub.
Chase Coleman’s hedge fund and venture capital firm will occupy about 4,000 square feet (371.6 square meters) on the 44th floor and pay roughly $300 per square foot, according to people familiar with the matter. That rent is high in the city, which has had a resurgence of investment as the home of artificial-intelligence startups including OpenAI, Anthropic and Perplexity.
The Transamerica building in San Francisco.
Photographer: Loren Elliott/Bloomberg
The building’s owners — Michael Shvo and Deutsche Finance America — ...