JPMorgan Packed Tiger Fund With Wealthy Clients for Private Bets

As wealthy investors clamored to get into Tiger Global Management’s ever-soaring bets on startups, JPMorgan Chase & Co.’s ability to funnel cash to the high-flying money manager became the envy of rivals.

Now, with Tiger’s public investments cratering and all eyes on what happens to its stakes in private companies, the bank’s prestigious offering to clients is cutting the other way...