Tuesday, 1 December 2015
Last updated 48 min ago
Jan 22 2014 | 1:52pm ET
New York-based Tiger seed Hound Partners, founded by Jonathan Auerbach, launched a pair of hedge funds on January 1—a concentrated fund and a long fund.
Auerbach has raised $130 million for the on and offshore versions of the the Hound Partners Concentrated Fund and about $95 million for the on and offshore versions of the Hound Partners Long Fund, according to regulatory filings.
The long-only fund had been expected as Auerbach was known to be mulling one last year.
Auerbach was working at Julian Robertson Jr's Tiger Management in 2004 when he co-founded Hound Partners, a long/short equity fund, with Scott McLellan. The two received startup investment capital from Robertson. McLellan left Hound Partners in 2007 to launch Marble Arch Partners with Timothy Jenkins, another Tiger vet.
A call to Hound Partners for comment was not returned as of press time.
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…