Ex-TPG Hedge Fund Chief To Start Own Firm

Jun 21 2010 | 1:46pm ET

A former partner of TPG-Axon Capital Management will launch a hedge fund in October, and has snagged his old firm’s former top trader and another partner for his new one.

Eric Mandelblatt founded Soroban Capital Partners in New York after leaving TPG-Axon earlier this year, Bloomberg News reports. The new firm will focus on stocks, but will also trade credit.

Joining Mandelblatt at the new firm are Gaurav Kapadia, another former partner at the Texas Pacific Group-owned hedge fund, and TPG-Axon head trader Scott Friedman. Mandelblatt has also hired former Kallix Advisors CFO Vito Tanzi.

Before joining TPG-Axon, Mandelblatt worked at Goldman Sachs, rising to chief operating officer of its U.S. principal strategies group in 2004 before leaving the firm a year later.


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.