Tuesday, 1 December 2015
Last updated 11 hours ago
Nov 11 2010 | 9:27am ET
Eric Mandelblatt, former partner of TPG-Axon Capital Management, has raised $130 for a pair of funds managed by his new hedge fund firm, New York-based Soroban Capital Partners.
According to regulatory filings, the company has raised $90 million for its U.S.-based Soroban Fund and $40.5 million for an offshore vehicle, the Soroban Cayman Fund. Both funds have a minimum investment of $5 million.
Soroban Capital Partners—named for a Japanese abacus—began operations this fall.
In addition to Mandelblatt, the funds’ executive officers include former TPG-Axon partner Guarav Kapadia, former TPG-Axon head trader Scott Friedman and former Kailix Advisors CFO Vito Tanzi.
Rumors about Mandelblatt’s newest venture have been rife since he left TPG-Axon earlier this year. Prior to joining TPG-Axon, Mandelblatt worked at Goldman Sachs Group, first as an energy analyst, then as a member of the principal strategies group. Mandelblatt became COO of the unit’s U.S. business in 2004.
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…