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

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…