Soroban Launches New Fund, Posts Big Gains in Q2

Eric Mandelblatt and Gaurav Kapadia’s long-short equity firm has debuted a concentrated best ideas fund that the firm expects will reach $1.5 billion in assets.

Soroban Capital Partners has launched a new hedge fund and is expecting to raise about $1.5 billion for the vehicle, which will focus on the firm’s best investment ideas.

Soroban, a New York–based long-short equity firm, debuted the Soroban Opportunities Fund on August 1.

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