After a Blowout First Half of 2015, Hound Partners Stumbles
Jonathan Auerbach’s Tiger Seed absorbs twin blows: the rise and fall of Valeant and Altice. The firm is hanging on, however, and waiting for the rebound.
Several of the most prominent Tiger Cubs and Seeds were solidly in the black last year. However, one of the largest and most successful firms with roots in Julian Robertson Jr.’s Tiger Management was severely roughed up in the second half of the year.