Soroban Rakes in $800 Million in Fund Reopening
The New York–based event-driven firm reopened a fund launched last year in an offering that was heavily oversubscribed.
Another sometime-activist hedge fund firm is expanding its war chest.
New York–based Soroban Capital Partners reopened its Soroban Opportunities Fund to new money, according to several people with knowledge of the fund. The firm raised more than $800 million for its offering, which was “way oversubscribed” according to an investor, and then promptly closed the fund again.