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Auerbach’s Hound Partners Disappoints Again

Hound was hurt in 2017 by its short bets, which lost about 9.5 percent, according to its yearend letter to clients.

  • By Stephen Taub

      Hound Partners headquarters in New York (courtesy Google Maps)Hound Partners, the hedge fund firm founded by Jonathan Auerbach, has disappointed investors for a third straight year. While many other hedge fund managers with ties to legendary Julian Robertson Jr.’s Tiger Management posted very strong gains last year by riding the internet

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