SAC, Carlson Veteran Karp Has Standout Year with Tourbillon

Jason Karp’s firm has grown its long-short fund’s assets exponentially on the back of strong performance since its 2013 launch.

Last year was not exactly great for hedge funds, with several high-profile firms either giving back capital or shutting down altogether and nearly half of all funds posting losses, according to Chicago-based industry tracker Hedge Fund Research.

One firm is seemingly impervious to these trends, however.

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