Soroban Launches a New Fund and Stages a Comeback

The event-driven hedge fund firm swooned early in the year but has recovered, thanks in part to several stocks involved in major deals.

Soroban Capital Partners has launched a new hedge fund: Soroban Special Investment Fund LLC - Series A.

According to a regulatory filing, the New York hedge fund firm has raised more than $50 million for the fund. Soroban declined to comment, but a knowledgeable source says the fund will be only a fraction of the size of the firm’s two main funds.

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