After graduation, Fixel became a licensed chartered financial analyst and began his career at Alkeon Capital Management, an investment firm.[2]
In 2006, Fixel joined Tiger Global Management, a New York-based investment firm.[4] He became a partner and head of the firm's private equity business, before his resignation in March 2019.[5] In a letter received by Reuters in March 2019, Fixel said he planned to continue investing independently.[6] He has also served on the board of Peloton.[5] Among his most notable portfolio investments are Stripe,[4] Peloton,[4]Freshworks,[7] and Spotify,[8] as well as late-stage investments, including Facebook[2] and the Indian e-commerce company Flipkart.[9][10]
As of 2024, he has appeared on Forbes'Midas List twelve times over the course of his career.[2][11]
In 2020, Fixel launched the venture capital firm Addition and raised $1.3 billion to invest in early- and growth-stage startup companies.[12][13]
Fixel, along with his wife, Lauren Fixel, co-founded the Lauren and Lee Fixel Family Foundation.[2] Together, the Fixels are one of the most significant contributors to The Michael J. Fox Foundation, a non-profit organization dedicated to Parkinson's disease research.[2]
In January 2019, the Lauren and Lee Fixel Family Foundation donated $20 million to the University of Florida and UF Health to establish the Norman Fixel Institute for Neurological Diseases.[14] The institute is focused on advancing research, technology, and clinical care for Parkinson's and other neurodegenerative diseases such as Alzheimer's disease and Amyotrophic lateral sclerosis (ALS).[15] In February 2025, the foundation supported the launch of the Food and Agriculture Research Mission (FARM) at Washington University in St. Louis, which is a research initiative to improve food production and distribution.[16]
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