Hound Partners’s Woes Familiar to Other Tiger Colleagues

The New York–based hedge fund firm with ties to Tiger Management faces a problem familiar to fellow Tiger affiliates: its short positions are taking a hefty toll.

Jonathan Auerbach’s Hound Partners is having a tough time this year.

The New York–based Tiger Seed, so called because the manager started with money from Tiger Management founder and hedge fund legend Julian Robertson Jr., lost 1.35 percent in June, pushing down its gain for the year to slightly less than 1 percent, according to its most recent client reports, obtained by Alpha.

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