Lee Fixel

Lee Fixel is a prominent American venture capitalist and investor, best known as the founder of the venture capital firm Addition, which he established in 2020. Prior to this, he had a significant career at Tiger Global Management, where he served as a partner and head of the private equity division from 2006 until his departure in 2019. During his tenure at Tiger Global, Fixel was instrumental in making successful investments in notable companies such as Flipkart, Peloton, and Stripe, contributing to substantial profits for the firm.135

Early Life and Education

Fixel was born in 1980 in Fort Lauderdale, Florida. He graduated with a Bachelor of Science in Business Administration, focusing on finance and accounting, from Washington University in St. Louis. He is also a Chartered Financial Analyst (CFA) .14

Career Highlights

After starting his career at Alkeon Capital Management, Fixel joined Tiger Global Management, where he became known for his expertise in private equity investments. His departure in 2019 was seen as a significant shift in the investment landscape, as he opted to pursue independent investing. Fixel's new firm, Addition, raised $1.3 billion, with a strategy that allocates one-third of its capital to early-stage startups and two-thirds to growth-stage companies.234

Philanthropy

Alongside his wife, Lauren Fixel, he co-founded the Lauren and Lee Fixel Family Foundation, which has made significant contributions to Parkinson's disease research and other neurological disorders. Their foundation donated $20 million to establish the Norman Fixel Institute for Neurological Diseases at the University of Florida.13

Fixel's investment approach is characterized by a hands-on style, often involving extensive research and engagement with portfolio companies, which has earned him a reputation as a diligent and insightful investor within the venture capital community.34