Sunday, 3 May 2015
Last updated 1 day 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…