Saturday, 26 July 2014
Last updated 12 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…