Tiger Seed Hound Partners Posts Second Straight Loss
A big second-half rebound came up short for the firm’s long-short and long-only funds.
Hound Partners finished 2016 in the red, the first time the Tiger Seed suffered back-to-back losses. What’s more, the firm’s two long-only funds also sustained losses for the second straight year.
Sure, all three funds rallied sharply in the second half of 2016 following huge first-half declines.