Hound Partners Continues to Pare Its Early-Year Losses

Tiger Seed Jonathan Auerbach picked the right stocks to stick with and to liquidate in the second quarter.

Jonathan Auerbach’s Hound Partners Offshore Fund sharply cut into its losses last month as it strives to get back to break-even by year-end. The long-short fund has now sliced roughly two thirds from its first-half loss.

The fund, managed by New York–based Hound Partners, surged 4.7

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