Jason Karp’s Tourbillon Launches Long-Only Fund

The SAC and Carlson Capital vet is looking to raise $500 million for the vehicle.

SAC Capital Advisors and Carlson Capital veteran Jason Karp’s Tourbillon Capital Partners is launching a long-only fund, according to marketing materials obtained by Alpha.

The New York-based firm is looking to raise as much as $500 million for the Tourbillon Global Long Alpha Fund and an offshore counterpart.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.