Ray Zage
In short: G. Raymond (Ray) Zage III is CEO of Singapore-based Tiga Investments and a Grindr director since November 2022. With James Lu he holds more than three-fifths of Grindr's shares and made a 2025 take-private bid that the company rejected.
Key facts
| Role | Director and major shareholder |
|---|---|
| Organisation | Grindr |
Biography
Ray Zage and James Lu acquired Grindr in June 2020. Zage founded Tiga Acquisition Corp, the special purpose acquisition company through which Grindr listed publicly, serving as its chairman and CEO until November 2022, and has sat on Grindr's board since then. He has been CEO of Tiga Investments since 2017. He spent most of his career at Farallon Capital, which he joined in 2000, setting up and running Farallon Capital Asia, and remains a part-time senior adviser there. Earlier he was a vice president in Goldman Sachs' investment banking division. In October 2025 Zage and Lu proposed taking Grindr private at $18 a share, about $3.46 billion; a special committee ended talks in November 2025, citing uncertainty over financing. Grindr later disclosed an 18-month standstill agreement with Zage.
Stories about Ray Zage
- Grindr director Zage sells 500,000 shares worth about $7.06M
Grindr director and 10% owner George Raymond Zage III sold 500,000 shares on 16 and 19 October under a 10b5-1 plan, about $7.06M by DII's calculation. - Grindr's Buyout Collapse: A Reality Check for Dating App Valuations
Grindr's board ended a $3.46 billion take-private bid on 24 November 2025 after Ray Zage and James Lu failed to show financing. Shares fell 10.6%.
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Questions about Ray Zage
Who is Ray Zage?
G. Raymond (Ray) Zage III is CEO of Singapore-based Tiga Investments and a Grindr director since November 2022. With James Lu he holds more than three-fifths of Grindr's shares and made a 2025 take-private bid that the company rejected.
What is Ray Zage's current role?
Ray Zage is Director and major shareholder at Grindr.
Also known as: George Raymond Zage III.