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Jason Karp’s Tourbillon Launches Long-Only Fund

The SAC and Carlson Capital vet is looking to raise $500 million for the vehicle.

SAC Capital Advisors and Carlson Capital veteran Jason Karp’s Tourbillon Capital Partners is launching a long-only fund, according to marketing materials obtained by Alpha. The New York-based firm is looking to raise as much as $500 million for the Tourbillon Global Long Alpha Fund and an offshore counterpart. The funds will be

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